Yeah this sounds great. So instead of just K-12 educators & unions screaming for more and more and more money w/no accountability/transparency, now we can have public universities screaming for funding too. Why not just do a 100% tax & let the govt decide how 2 use our $?
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Cancelling a personal debt in exchange for a vote is a form of vote buying, right? I’m not a lawyer so hope those with knowledge or resources can check the legality of this.
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$Trillion student loan debt is a manufactured crisis - federal govt took over loan guarantees & made the debt immune from bankruptcy. Colleges have NO INCENTIVES to reduce their tuitions as there is no real competition. Coupled with stupid degrees & it is a recipe for disaster!
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home mortgage is crushing millions of families too should all mortgages be forgiven as well? How about credit card debts should those be forgiven 2? since warren likes reparations will she propose ppl who paid off debt getting reparations since they were victims?
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I paid for my college with military service. But I have a mortgage and a car loan. Why is their debt so much more important to erase? Why are we absolving some of personal responsibility, but not all. Why is one debt erasable and others aren't? We all signed the papers, right?
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Makes my blood pressure rise. I paid off my college debt, my sister paid off hers. My son has been spending half his income for the past ten years paying his off ( and almost paid in full). Going through with her plan is nothing but a slap in the face for millions of us.
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Hubby and I were frugal and saved like crazy to put two kids through college. The kiddos worked hard in school to get scholarships, so we all pitched in. Where is the incentive for anyone to do the same if the government is going to foot the bill?
End of conversation
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Why the hell should I have to pay for debt that OTHER PEOPLE signed up for? I was smart and saved money to go to college so I can get out debt free or close to it
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2 year colleges and trade/ vocational schools need to be promoted more. Universities aren't for everyone.
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I hear an echo
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