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Pobeka

(5,015 posts)

20. Nope. Bad analogy. REALLY bad analogy.

Wed Apr 13, 2022, 01:53 PM

Apr 2022

Those comparisons affect all people going forward in time.

The student loan relief problem is *retroactively* affecting some people who couldn't for whatever reason pay off student loans. They suddenly will have received a free education, while those who paid off loans, or paid full price at the time of education *retroactively* get nothing, so bear the full burden of an education they received.

I have no problem with relieving portions of debt from abusive loan interest rates etc.

BTW -- regardless of your position on this, the smart move if you are suffering from student loan debt is to vote for more progressives/dems in office. The GOP is not interested in anything but you paying full price and the highest possible interest rates on your loan.

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When people don't support student debt relief. [View all] Sympthsical Apr 2022 OP

Disagree eom JustAnotherGen Apr 2022 #1

I had to suffer thru chemo and radiation treatments... ret5hd Apr 2022 #3

I have to suffer through the John Lewis Voting Rights Act not being JustAnotherGen Apr 2022 #16

Non-Whites don't have student loans? Cuthbert Allgood Apr 2022 #24

Make sure we don't do anything to make young people... ret5hd Apr 2022 #44

That's compelling. Cuthbert Allgood Apr 2022 #8

LOL +1 Emile Apr 2022 #70

Rich people just laugh, Ah the little people fighting over crumbs again, SWEET! RANDYWILDMAN Apr 2022 #82

Well inthewind21 Apr 2022 #101

And -- Sure we can cancel the debt, but the problem will recreate itself SYFROYH Apr 2022 #2

But things worked out fine the last time loans were forgiven. Farmer-Rick Apr 2022 #39

Here are some good facts about those with student loan debt. Some definitely need help. Others Hoyt Apr 2022 #4

That's kind of eye opening. Scrivener7 Apr 2022 #18

another fact: 87+ universities support 260+ xlimbaugh stations that howl against student debt relief certainot Apr 2022 #43

I don't think people are clamoring for free stuff Skittles Apr 2022 #5

A moratorium on interest rates would be a huge help. SergeStorms Apr 2022 #41

And believe me, they have you roped in forever unless you can pay it off in a few years, which very smirkymonkey Apr 2022 #58

Those don't really compare well. Gidney N Cloyd Apr 2022 #6

The comparison is dead on kcr Apr 2022 #14

Resentful old people?? Wow. 🙄 Budi Apr 2022 #21

Old people can't be resentful? kcr Apr 2022 #25

College loans cannot be pigeonholed into an age demographic. Budi Apr 2022 #27

You are absolutely right. Look at the comic in the OP again kcr Apr 2022 #29

Yes. Budi Apr 2022 #31

I disagree. As I'm reading it: Gidney N Cloyd Apr 2022 #28

If you point out how they can benefit kcr Apr 2022 #32

But it's not old people. It's mostly young people that are resentful . And this isn't that big an JI7 Apr 2022 #61

Yes, if it was such an important all-or-nothing single issue matter Warren or Sanders betsuni Apr 2022 #63

And if inthewind21 Apr 2022 #102

Then why does anyone think Biden can do it, or imagine he promised to? betsuni Apr 2022 #104

How about this? smirkymonkey Apr 2022 #7

Charge a small service fee at the outset then don't charge interest. Gidney N Cloyd Apr 2022 #13

Grade A sophistry BannonsLiver Apr 2022 #9

What I DON'T support is... Mister Ed Apr 2022 #10

Do they know that Republicans will never ever ever do anything about student loans? betsuni Apr 2022 #48

I think they are influenced by social media. Mister Ed Apr 2022 #49

+1 betsuni Apr 2022 #52

Yup, that selfishness is an ugly side of human nature - and can be exploited Amishman Apr 2022 #11

Yes, and not just for student debt kcr Apr 2022 #17

And for those who scrimped and saved and worked to fund their education too. Pobeka Apr 2022 #23

I am sorry, but the "prize" you got for that Thtwudbeme Apr 2022 #80

Disagree Thtwudbeme Apr 2022 #67

you are the selfless exception; most people are stupid selfish assholes Amishman Apr 2022 #72

Probably the bankruptcy laws should be changed to help Tomconroy Apr 2022 #12

Totally agree. Student loans should be dischargeable in bankruptcy. Hoyt Apr 2022 #19

The bankruptcy laws that a certain senator from Delaware progressoid Apr 2022 #47

It's troubling to me that the root problem is not even addressed as the problem themaguffin Apr 2022 #15

+1. nt Pobeka Apr 2022 #22

It was repeatedly addressed Voltaire2 Apr 2022 #68

That's now what I was referring to themaguffin Apr 2022 #74

Nope. Bad analogy. REALLY bad analogy. Pobeka Apr 2022 #20

I agree. It is a terrible analogy. SoonerPride Apr 2022 #30

People with college degrees don't have kids or grandkids? kcr Apr 2022 #33

*retroactive* -- meaning, happening based on past activities. Not future scenarios. Pobeka Apr 2022 #34

No one in the future could ever possibly benefit from debt forgiveness? kcr Apr 2022 #35

The question is not about the future. Pobeka Apr 2022 #38

This kind of attitude plays into the hands of the right wing rich DSandra Apr 2022 #26

Bingo inthewind21 Apr 2022 #103

it is only going to get worse, as the costs spiral upward and the interest charged increases Celerity Apr 2022 #36

I will say this The Jungle 1 Apr 2022 #37

The difference is that the guy in the top left corner may be paying higher taxes pnwmom Apr 2022 #40

We Baby Boomers did just fine with our student loans because....... Farmer-Rick Apr 2022 #42

Obviously, you don't remember student loan interest rates in 1970-1980s. Hoyt Apr 2022 #45

Obviously you don't understand how old most Baby Boomers are Farmer-Rick Apr 2022 #53

Went earlier than you. Like me, you probably wouldn't have borrowed Hoyt Apr 2022 #54

Well, no one really needed to borrow that much. Farmer-Rick Apr 2022 #56

Don't think median household income has stagnated. If you can't see Hoyt Apr 2022 #57

So, I was right, there are no 1970 rates at your link Farmer-Rick Apr 2022 #62

Forgot to give you a link: Thtwudbeme Apr 2022 #66

Thanks for the support Farmer-Rick Apr 2022 #76

The internet isn't really "scrubbed" for nefarious reasons Thtwudbeme Apr 2022 #77

Good point Farmer-Rick Apr 2022 #78

Let me see if I can find it. I am a librarian Thtwudbeme Apr 2022 #79

Thanks so much Farmer-Rick Apr 2022 #81

No, you were wrong. You just won't admit that current rates are damn low compared to previous years. Hoyt Apr 2022 #83

And you don't want to admit that students have to Thtwudbeme Apr 2022 #86

Since we don't have the 1970s numbers Farmer-Rick Apr 2022 #99

Be glad to see what you think they were. We know what borrowers Hoyt Apr 2022 #100

Wrong. Student loans did NOT track "general interest rates" Thtwudbeme Apr 2022 #64

Yeah I was trying to remember my rate. Voltaire2 Apr 2022 #71

Interest accrues now Thtwudbeme Apr 2022 #73

Interest was deferred until 6 months after graduation Farmer-Rick Apr 2022 #75

Pell covered all of my tuition Voltaire2 Apr 2022 #105

And current rates are much lower that 6% to 10% Hoyt Apr 2022 #84

MORTGAGE rates are currently lower. Thtwudbeme Apr 2022 #85

Fact is, most outstanding student loans are held by people who can pay them. Those that can't Hoyt Apr 2022 #87

OK, so let's take a look at your fictional Dr. who financed his education with loans Thtwudbeme Apr 2022 #88

Sorry, that's laughable. If the doc just couldn't make it on $200K a year, paying $15K toward his Hoyt Apr 2022 #89

ahhh but, our Doc is making LESS than 200K a year Thtwudbeme Apr 2022 #90

No, you seem to be out of touch. Anyone making $15+K a month can afford to pay $1K or $2K toward Hoyt Apr 2022 #91

New Doc's are living on about 8K a month- and that's if they are close Thtwudbeme Apr 2022 #92

Absolutely untrue. 95% of new physicians -- MDs, not chiropractors -- earn more than $8000 month. Hoyt Apr 2022 #94

BTW, I too watched Northern Exposure Thtwudbeme Apr 2022 #93

Joel ain't your typical physician. Hoyt Apr 2022 #95

Then tell me about your fantasy of a Dr. who recently got his first job Thtwudbeme Apr 2022 #96

Typical doc in their first job is going to make $15+K a month. Hoyt Apr 2022 #98

You are correct Thtwudbeme Apr 2022 #65

Exactly. Voltaire2 Apr 2022 #69

To me, it's simple. Voters who vote reliably get priority over those why don't gulliver Apr 2022 #46

hmm, only one of ForgedCrank Apr 2022 #50

Maybe it would feel more fair to those people Tree Lady Apr 2022 #51

Lot of yipping and yapping going on. Autumn Apr 2022 #55

Apparently, there are a lot more Bettie Apr 2022 #59

Can one person tell me why it wouldn't make sense to discharge the remaining loan amount for those smirkymonkey Apr 2022 #60

Make student loans 0%!!! Bluesaph Apr 2022 #97