A lot of my fellow Americans can't wrap their heads around the idea of doing things that benefit the greater society and not themselves personally. It's an intentional effect of the supreme fetishization of the individualism in the US.
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Elizabeth Warren announces student debt cancellation and free public college plan
- Thread starter Nothing Loud
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Seriously. Maybe calling it "Fuck you, got mine" is inaccurate, but instead lets call it "I got fucked, so should you". Really doesn't sound any better.
Good for you. That does not make anyone else irresponsible though. Which is the point I'm trying to make here.
If your only justification is that you should be rewarded because youve seemed yourself responsible as opposed to the masses who should have been better with their money...you're just a crab man.
So you believe that paying off loans early and then having loan forgiveness offered is the same as paying full price for a console at launch when you could get it cheaper by waiting? Because that's what the post I was replying to said.
Good stuff, but I'd argue that universal healthcare should be the #1 first thing tackled from any money that "rethinks" taxes on the wealthy in our country and has them paying an actual fair share- since healthcare effects literally everyone, their health, their paychecks and money they have to live/provide- which pretty much improves everyone's life/financial situation vastly.
Anything left after that though- definitely education reform should be on the table.
Anything left after that though- definitely education reform should be on the table.
More like I should have gone to a really expensive college cause why the hell not
This is a fantastic policy idea. Student loan debt is a crisis (1.3 trillion dollars total in student loan debt!) and this kind of drastic solution is needed at this point. Stuff like this shows why it's important that Warren stays in the race, it pressures other candidates from their left flank.
Also, LMAO at the people saying, "well this doesn't help ME". Ok, so what? It helps millions of Americans. If you can't get behind that then you aren't an ally. Plain and simple.
Also, LMAO at the people saying, "well this doesn't help ME". Ok, so what? It helps millions of Americans. If you can't get behind that then you aren't an ally. Plain and simple.
That's not true, as the money spent paying back student loans could have been invested or used as a down payment towards a home. Allowing you to be further along in life and more financially secured. Personally, I made my peace with it a few years ago but there was a time when I resented the idea having paid back a boatload in student loans.
Warren isn't even offering full loan forgiveness it's just 50k what is wrong you people who are mad about this
ANDDDDD there it is everyone.
Six pages in and this is why this will never fly. A combination of "what about me" and "I got fucked so should you".
I've heard these arguments in real life.
Honestly, don't even run on this.
Six pages in and this is why this will never fly. A combination of "what about me" and "I got fucked so should you".
I've heard these arguments in real life.
Honestly, don't even run on this.
Pretty much this. It's really hard to pound it into people's head that doing something that might benefit someone else might actually have a net positive effect, rising tide lifts all boats, etc.
Do you want Warren to propose a time machine to help you invest earlier?
If it doesn't harm you in any way but helps other Americans, what good reason do you have not to support it? I don't use welfare/unemployment/food stamps, but I support those policies because they help people who do need them.
As for the bolded point, there are a significant number of degrees that simply aren't offered at a community college. What you are suggesting worked great for you, but is not possible for everyone. For most, accumulating debt is necessary.
It's more like, my mom mortgaged her house to pay for my operation because I was going to die, but we could have just had the surgery in the emergency room and keep it as debt because it was going to be forgiven anyway.
I think everyone is fine with the whole "going forward, tuition is free" thing, which is an even playing field, it's the debt forgiveness that has people a bit salty.
No but I will gladly take a tax credit for the amount I paid.
Well, you see the way i planned my education...
Okay, nevermind.
Okay, I took my share of the dogpile in this thread. My initial post was focused solely on the "Fuck you, got mine" mantra going on in here. I've said my peace, I'm squared away.
And I never even said this was a bad idea or I didn't support it. ¯\_(ツ)_/¯
Won't happen.
Well, not a tax credit for the full amount paid at least.
This will never work....
Just allow things to be discharged in bankruptcy.
...yes, your student loans impacted you, but THIS SPECIFIC POLICY IN NO WAY NEGATIVELY IMPACTS YOU. It doesn't directly HELP you if you've already paid your loans, but it doesn't HARM you either. This policy is not the reason you had student loans in the first place.
"But what about ME" posts are the reason why the country is in the state it's in. No, you living with 5 stinky roommates after graduation is not a national economic crisis. $1.5 motherfucking trillion in student loan debt is. Put things into perspective, goddamn.
It's not asking for much, but apparently we're selfish fucks all the same.
It's fine to ask for it, but there are some people here saying it shouldn't be done at all if they aren't included.
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Yes, but the salt ignores all the reward and benefit for systemic student debt cancellation. Even if you paid off your loans, you will benefit from this even if there wasn't a tax credit for you. The economy is going to boom if debt is cancelled. This generation will be able to afford to spend and buy houses like never before, start small businesses like never before, invest like never before, and become educated like never before (like people who skip grad or medical school because of huge undergraduate debt), leading to a stronger, wealthier middle class.
Has it ever been any other way? All the single issue voters that voted for Trump voted because of this same reasoning.
have been saying for awhile that warren is the candidate in the race with the best policies. she's the best choice for progressives this election, imo
And the focus has been put on those select few because they're more easily dismissed for their unjust position (if I get nothing to relieve prior burdens, no one gets anything!), rather than defending the unjust position you and others (you get nothing to relieve prior burdens but it's okay because you're not made even worse off, how fortunate!) have put forth.
I life free of that debt dragging your life down. Most would trade places with you, would you do the same?
Would you be against a policy that in addition to offering loan forgiveness, offered reimbursements for the amounts paid for loans in the past few years (subject to the same limitations as this policy)?
It wouldn't harm you and in no way negatively impacts you.
I wouldn't be mad if there's reimbursement but it shouldn't be a priority or necessity
What percentage of people with student loan debt is actually "struggling"? My guess is 10-20%. I hope those people get help, I really do. But I'd much rather write 50k checks to homeless people and single black mothers. The amount of passion that this thread is generating seems to be because this is a giant check to middle class Gen Z white kids.
I'm behind this 1000%. I have a good friend who is drowning in debt from an animation degree through Sanford Brown- an organization that no longer exists. It's to the point they are garnishing his wages.
Keep in mind, he can't get a job in his field because he'd have to move to Florida or California. Granted, animation probably wasn't the best choice for a degree - but he is essentially trapped in a cycle of:
He had to move back in with his parents, who also aren't well off and work at a gas station. He can't save up enough money to gey his own place, makes barely enough to make minimum payments on his student loan debt, rinse repeat.
And then they want to garnish his wages because he can't pay it off fast enough? Screw that. Anyone who is against this can go pound sand with the rest of the "fuck you, I got mine" assholes.
As for how they're going to pay for it- like everything else if corporations paid their fair share then it wouldn't be an issue.
Keep in mind, he can't get a job in his field because he'd have to move to Florida or California. Granted, animation probably wasn't the best choice for a degree - but he is essentially trapped in a cycle of:
He had to move back in with his parents, who also aren't well off and work at a gas station. He can't save up enough money to gey his own place, makes barely enough to make minimum payments on his student loan debt, rinse repeat.
And then they want to garnish his wages because he can't pay it off fast enough? Screw that. Anyone who is against this can go pound sand with the rest of the "fuck you, I got mine" assholes.
As for how they're going to pay for it- like everything else if corporations paid their fair share then it wouldn't be an issue.
Of course not, if feasible that policy sounds great. I support pretty much any policy that involves the government providing assistance to those who need it though. I would be in favor of UBI as well.
Relying on only 75.000 people to pay your educational system is a very bad idea. This is populistic nonsense.
Isn't promising jobs or tax cuts or farm subsidies vote buying by your logic?
Most people vote because of direct self interests, often financial. When you vote because you want a tax policy that will tax you less, it's the same thing.
Even if she doesn't end up the nominee, Dems need to take this plan and run with it to the end. It's concepts like this that actually mean progress for our country (and the greater globe) instead of stagnation and backsliding.
Like, yeah, it sucks that you were able to pay off your student loans before a debt forgiveness policy was implemented. It sucks that I had to pay off late fees from Blockbuster before the business shut down and Netflix came into my life. That's genuinely all we can say. Sucks that you had to struggle. Every prior generation has to struggle in ways that future generations won't have to. Through blood, sweat and tears, you paid off your debt. You should be happy that people won't have to share in your suffering. Otherwise, that's just revenge.
Exactly. This thread is full of middle/upper-class folks falling over themselves to claim money that could otherwise be used to help those who really need it and using the same trickle-down BS the rich use to justify their tax cuts.
As soon as they see those $$$, progressive values go out the window.
Fuck that shit. Tax me and my cohort more and help those who are actually starving or homeless.
75000 people would pay for debt cancellation and to set up a free public option for college. The "educational system" would not rely on 75000 people. This is nonsense.
Yeah those damn 99% leeching off those hard working American heroes. You sound like Mitt Romney complaining about the 48% living off others.
"What about me?"
What about you is afraid of thousands of dollars a month being freed up from a family like mine to go back into the economy instead of spending the next several years paying back debt? What about when you need a treatment from a vocation that requires extremely expensive graduate level education, but nobody has that education because they don't want to take on the debt to do pay for it?
There are other systemic issues that need to be fixed with regard to the student debt crisis, but forgiveness isn't a bad step on our way to addressing the rest of it. 50k forgiveness would be huge for a family like mine where graduate education to become a clinician not making much more than before has saddled us with a ton of debt.
What about you is afraid of thousands of dollars a month being freed up from a family like mine to go back into the economy instead of spending the next several years paying back debt? What about when you need a treatment from a vocation that requires extremely expensive graduate level education, but nobody has that education because they don't want to take on the debt to do pay for it?
There are other systemic issues that need to be fixed with regard to the student debt crisis, but forgiveness isn't a bad step on our way to addressing the rest of it. 50k forgiveness would be huge for a family like mine where graduate education to become a clinician not making much more than before has saddled us with a ton of debt.
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