Senate Bill Clears Hurdle to Forgive Student Loans

[BobTheSubgenius]

12. I have a little ambivalence about this issue.

Don't get me wrong. I agree completely that debt so crippling that the person is literally never able to own a house because they already have a house-sized debt load is ridiculous. To turn every facet of society into a profit center seems peculiarly American to me, although I readily admit I might be wrong about that. It just seems to fit so much of the uber-capitalist messaging.

The facet of this issue I can't quite get my head around is what about the people that somehow managed to push through to the other side of their student load debt? They may well have lived in penury for years either through a very reduced lifestyle forced upon them by the numbers game.

But some might have just put their heads down and lived a virtual pauper's life in order to pay it down as fast as possible. How fairly are these people being treated when, a year after they finally get their heads above water and can start thinking about a reasonably prosperous life, those following are give a much easier path? I'd feel like a chump for living the straight and narrow within what is often predatory debt collection.