General Discussion

Tomconroy

(7,611 posts)

21. I'm want to know a whole lot more about who owes the debt

Sat May 14, 2022, 01:22 AM

May 2022

and how much is owed before I made any decisions about forgiving student debt.
Generally we do have to live with the consequences of poor financial decisions. Maybe we should adjust the bankruptcy law instead.
It's just not obvious to me why the taxpayers should bail out everyone with education debt.

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The FAIREST solution to student loan debt [View all] Baltimike May 2022 OP

I'm Inclined To Agree, Sir The Magistrate May 2022 #1

So in five or 10 years we do the whole thing over again and pay it all off? Nt USALiberal May 2022 #2

No. Education should be free. Period Lochloosa May 2022 #8

+1 - nt Ohio Joe May 2022 #10

Should anyone be entitled to attend any college of their choosing ? MichMan May 2022 #19

As long as you maintain your grades and attend. Lochloosa May 2022 #38

How are costs reduced, or do colleges get to charge whatever they want? MichMan May 2022 #42

What ifs. Our government negotiates set pricing for several things. Lochloosa May 2022 #45

My kiddo attends college tuition free AntivaxHunters May 2022 #78

15-20 % VAT? MichMan May 2022 #79

And healthcare, no sales tax on food AntivaxHunters May 2022 #80

Might be right, but no politician here will campaign on a 20% VAT. MichMan May 2022 #85

Teachers and classrooms are cheap. Much cheaper than the alternatives. hunter May 2022 #64

Do you think there would be more or less bling if taxpayers were footing the bill? MichMan May 2022 #86

It depends on the government. hunter May 2022 #90

Martinis should be free. Period. Tomconroy May 2022 #27

Can't argue with that one. Lochloosa May 2022 #39

Publicly funded is not free iemanja May 2022 #73

That is an unusual definition of fairness Redleg May 2022 #3

Using this logic, we should never enact Medicare for All wackadoo wabbit May 2022 #6

There is a difference between subsidizing poor - and even irresponsible - choices Ms. Toad May 2022 #14

+1. Hoyt May 2022 #18

Yeah, and Reagan knew of a welfare queen who drove to pick up her food stamps in a Cadillac wackadoo wabbit May 2022 #24

I was responding to a specific allegation Ms. Toad May 2022 #47

Can you please be more specific about the degrees sought, the fields of study attempted, and the... xocetaceans May 2022 #25

Nice personal insult. Ms. Toad May 2022 #50

I'm not seeing the personal insult. Wednesdays May 2022 #54

No edit. Ms. Toad May 2022 #68

I'll wait. n/t xocetaceans May 2022 #65

As I said, Ms. Toad May 2022 #69

We bailed out the banks, we can bail out the students. Fair is fair. Baltimike May 2022 #97

Hear, hear! smirkymonkey May 2022 #4

Um. maybe not the "fairest" sfdennis1 May 2022 #5

Agreed. Ms. Toad May 2022 #12

So "in your spiteful and bULLSHIT style response".... Baltimike May 2022 #33

I agree Progressive dog May 2022 #62

I'm fine with relieving undergraduate debt. Not as enthusiastic about graduate Hoyt May 2022 #7

My oldest granddaughter is headed to medical school in a couple of years. Her estimated debt will be PortTack May 2022 #28

Maybe a program where they can reduce or get rid of student debt if they work in an underserved JI7 May 2022 #30

Or, maybe just forgive all of the debt and stop putting codicils on to amerliorate Baltimike May 2022 #34

Oh come on. Docs make $200+K a year. They can afford $25K in debt payments for 20 years. Hoyt May 2022 #51

Oh come ON...doctors, lawyers, musicians, etc...forgive ALL of it Baltimike May 2022 #55

Sorry, I'd rather skew the forgiveness to undergraduates who theoretically didn't benefit as much Hoyt May 2022 #56

"We aren't going to forgive the total $1.7 Trillion in student loans..." Why not?? Doremus May 2022 #67

Because that will pay for a for Child Care, etc. People who went to college and are earning more Hoyt May 2022 #71

The majority of student loan debt is held by people with advanced degrees iemanja May 2022 #100

How is the loan market predatory when the Federal government took it over in 2010? MichMan May 2022 #87

Agree PortTack May 2022 #70

She'll be making that in a year in 10 years Polybius May 2022 #89

How about giving a nice tax credit to those who paid off their loans? Grasswire2 May 2022 #9

Great idea nt XanaDUer2 May 2022 #46

I don't agree with paying off all student loan debt - Ms. Toad May 2022 #11

Agree with your summation. Students should be willing to take,on some debt to achieve their PortTack May 2022 #29

I don't care...pay off the debt anyway Baltimike May 2022 #35

So you're just fine using your taxes to pay off the loans Ms. Toad May 2022 #43

I agree 10000%! FlyingPiggy May 2022 #13

Again, Zero interest. Pay back what you borrowed. bottomofthehill May 2022 #15

I think this is more palatable than wiping out all debt In It to Win It May 2022 #94

Do we who paid our debt get rebate. Wiping out debt childfreebychoice May 2022 #16

Do the businesses who got tax cuts get a rebate on the higher rate they paid in previous years? Baltimike May 2022 #36

So middle income Americans iemanja May 2022 #17

Right, I don't know why anyone would call that fair Hav May 2022 #32

I've raised this point multiple times iemanja May 2022 #57

This s a sure fire way to lose SoonerPride May 2022 #99

This is one topic I'm finding everyone has a definite opinion on... VarryOn May 2022 #20

I'm want to know a whole lot more about who owes the debt Tomconroy May 2022 #21

Can't find it now on tablet, but there is a recent thread with good info. Hoyt May 2022 #23

Student Loan Info-- Hoyt May 2022 #53

I'm on Team Forgive the Debt. ShazzieB May 2022 #22

Absolutely disagree..... brooklynite May 2022 #26

Make all public higher-learning institutions Duppers May 2022 #31

AMEN!!!! nt Baltimike May 2022 #37

Not until you make early education more equal. JI7 May 2022 #72

+1 betsuni May 2022 #96

I agree Bettie May 2022 #40

Says you. :) Goodheart May 2022 #41

Student loans: Interest rate on new student loans set to go up in July MichMan May 2022 #44

Here for the comments from all of the randites tenderfoot May 2022 #48

Sorry, I'm for stuff that helps those who need it, not a doctor, lawyer, engineer, etc., who Hoyt May 2022 #52

You're farther to the right of most people here - so your opinion isn't surprising in the least. tenderfoot May 2022 #83

Seems to me lots of DUers aren't for any relief. I'm for forgiving most Hoyt May 2022 #84

soooo much spite on here. Telling. nt Baltimike May 2022 #75

Give that cash to billionaires - they won't say shit tenderfoot May 2022 #76

Yup! r�is�n_dubh May 2022 #81

Only billionaires are worthy of debt forgiveness - where have you been? tenderfoot May 2022 #49

Two thoughts DVRacer May 2022 #58

State schools yes, private schools no. KentuckyWoman May 2022 #59

Many HBCU are private MichMan May 2022 #74

I don't see how we can forgive all student debt...and it will destroy the loan program. Demsrule86 May 2022 #60

You can't forgive student loans Zeitghost May 2022 #61

Thank you so much. Lucid Dreamer May 2022 #82

If you are going for equality Progressive dog May 2022 #63

This message was self-deleted by its author Dukkha May 2022 #66

Thank you! AntivaxHunters May 2022 #77

It's not about spite, it's about what's fair to me Polybius May 2022 #88

Can I get mine retroactively forgiven, and be reimbursed for the interest? LudwigPastorius May 2022 #91

I'd like to be reimbursed on the paid principal as well In It to Win It May 2022 #93

Serious question: That has to be justified to people with no student debt. How do you justify that? In It to Win It May 2022 #92

My son is a freshman Bluesaph May 2022 #95

Student loans and rates are set by the government since they took over direct lending. MichMan May 2022 #98