General Discussion

Zeitghost

(4,557 posts)

26. That is exactly what will happen

Wed May 18, 2022, 05:08 PM

May 2022

If you're a college student who's tuition and expenses are already covered, you're still going to max out those loans, expecting them to get written off by wave 2 of the loan forgiveness program.

And if you are a college you're going to jack up your tuition on your students who are now flush with cash from their maxed out loans.

Loan forgiveness sounds great but it will create a mountain of unintended consequences if not done with comprehensive loan and tuition reform.

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A majority of young Americans without student debt support Biden canceling it for everyone else [View all] AZProgressive May 2022 OP

Gee, if only there was something Biden could do to inspire youth to turnout for the midterms? Fiendish Thingy May 2022 #1

Fighting to defend a woman's right to choose isn't motivation enough I guess. Kaleva May 2022 #23

Delivering on promises motivates young voters more than the promises themselves, I guess Fiendish Thingy May 2022 #27

This election will tell us how much young people care about a woman's right to choose. Kaleva May 2022 #29

Depends on whether you want a majority that cannot be obstructed by 2 senators Fiendish Thingy May 2022 #31

I would argue defending women's rights alone should be motivation enough to get young people to vote Kaleva May 2022 #32

The opposition for the proposal has always been from older Americans. LonePirate May 2022 #2

better stay of their lawns pstokely May 2022 #11

Older Americans People who actually vote Jose Garcia May 2022 #14

OK. Let's do this AGAIN. People under 50 got Biden elected. Cuthbert Allgood May 2022 #16

This Might Be A Stupid Question - But After Student Debt Is Forgiven..... global1 May 2022 #3

Short answer: they're fucked BannonsLiver May 2022 #7

Well, maybe we could offer interest-free loans, or loans that just don't come with Aristus May 2022 #9

The Point Being - Is That We Should Set Up A System That Won't Take Us Back To.... global1 May 2022 #10

Exactly. Aristus May 2022 #12

The interest rates Zeitghost May 2022 #25

It seems to me current students might be even more aggressive with borrowing.. honest.abe May 2022 #15

That is exactly what will happen Zeitghost May 2022 #26

SCOTUS will overturn any debt relief even if Biden orders it Alhena May 2022 #4

Hmm, should have mentioned this in the campaign season. Cuthbert Allgood May 2022 #5

NO inthewind21 May 2022 #17

So when he said he was prepared to write off $10,000 Cuthbert Allgood May 2022 #18

No inthewind21 May 2022 #19

Of course he didn't say he'd forgive it all. Cuthbert Allgood May 2022 #20

The complex arguments surrounding the constitutionality of an Executive Order discharging 10K usd Celerity May 2022 #33

I am also in favor of this GreenEyedLefty May 2022 #6

That is kind of you. riversedge May 2022 #38

This would be a greatly needed shot in the arm 867-5309. May 2022 #8

A bit misleading.. a large percent only support canceling some of the debt, not all. honest.abe May 2022 #13

Thanks for this. sl8 May 2022 #36

Does Biden actually have the power to do this? Elessar Zappa May 2022 #21

He already has been doing it, just on a more targeted basis (but often far larger than Celerity May 2022 #34

I'm all for student loan forgiveness. Elessar Zappa May 2022 #39

I was honestly shocked to see people on the DU against this ripcord May 2022 #22

Climate change is going to make young people's future truly horrific. Kaleva May 2022 #28

Minor issue. Young voters will flock to the polls to defend a woman's right to choose. Kaleva May 2022 #24

This should motivate young people to vote but it's probably already too late Kaleva May 2022 #30

that post was do depressing in regards to our future Celerity May 2022 #35

Not a stupid question at all. There are a lot of details to be worked out IF riversedge May 2022 #37