Loan forgiveness without making education affordable going forward doesn’t solve the problem. It’s pulling up the ladder.
You’re 100% correct. But be careful, these folks don’t take kindly to shining a light on their hypocrisy. They signed their names to a legally-binding contract, spent the money, but now don’t like paying it back under the terms they agreed to.
College tuition is far too high. But without fixing the root cause, tuition loan forgiveness does nothing for everyone before and after, and it actually makes the whole problem worse.
Blaming the people taking the loans is kind of absurd, for many it’s their only option if they want to continue their education. It’s not like they’re taking out loans they don’t need and burning the money.
“Legally-binding contract” is meaningless too, would you make the same argument against people who signed away their lives before slavery was abolished? Just because it’s legal now doesn’t mean it always will be, or that it must be enforced indefinitely.
You’re absolutely right that reducing tuition is the right move. Tuition is free where I am and some of the costs I see elsewhere are crazy. However, the options are not necessarily mutually exclusive; you can reduce tuition and help people that have already been shafted by the existing system.
Especially cause a lot of ‘legally binding’ stuff isn’t even actually legally binding. For a recent example look at non competes, a lot of judges don’t even enforce them cause they’re ridiculous and they actually just made them illegal for the little people.
As an outside observer of American politics, it sure seems to me that the current loan forgiveness implementations are rather short sighted ones. Nobody seems to even attempt to reduce the ridiculous education prices, it all seems to come down to bulk payments.
I’m all for loan forgiveness up to a certain point (I myself have student loans I’d like to see forgiven, despite tuition “only” being €2k a year) but what is happening right now seems rather short-sighted and smells of political bribery.
If educational facilities can expect the current attempts at American loan forgiveness to continue, they can double or triple their tuition fees, make billions, and have the American ta payer (which still includes the people taking out the loans! None of this shit is free!) fund their scam.
You’re 100% correct. But be careful, these folks don’t take kindly to shining a light on their hypocrisy. They signed their names to a legally-binding contract, spent the money, but now don’t like paying it back under the terms they agreed to.
College tuition is far too high. But without fixing the root cause, tuition loan forgiveness does nothing for everyone before and after, and it actually makes the whole problem worse.
No one is against fixing it through legislation. That is a strawman.
Blaming the people taking the loans is kind of absurd, for many it’s their only option if they want to continue their education. It’s not like they’re taking out loans they don’t need and burning the money.
“Legally-binding contract” is meaningless too, would you make the same argument against people who signed away their lives before slavery was abolished? Just because it’s legal now doesn’t mean it always will be, or that it must be enforced indefinitely.
You’re absolutely right that reducing tuition is the right move. Tuition is free where I am and some of the costs I see elsewhere are crazy. However, the options are not necessarily mutually exclusive; you can reduce tuition and help people that have already been shafted by the existing system.
Especially cause a lot of ‘legally binding’ stuff isn’t even actually legally binding. For a recent example look at non competes, a lot of judges don’t even enforce them cause they’re ridiculous and they actually just made them illegal for the little people.
Also, given the age and social pressure of the people taking student loans it’s not that straightforward to just say it’s their own fault
Could you walk me through what you see as these folks’ hypocrisy? I don’t get it.
Is somebody arguing that loan forgiveness should be a one time thing and no one after them should get it?
As an outside observer of American politics, it sure seems to me that the current loan forgiveness implementations are rather short sighted ones. Nobody seems to even attempt to reduce the ridiculous education prices, it all seems to come down to bulk payments.
I’m all for loan forgiveness up to a certain point (I myself have student loans I’d like to see forgiven, despite tuition “only” being €2k a year) but what is happening right now seems rather short-sighted and smells of political bribery.
If educational facilities can expect the current attempts at American loan forgiveness to continue, they can double or triple their tuition fees, make billions, and have the American ta payer (which still includes the people taking out the loans! None of this shit is free!) fund their scam.
Unfair terms they didn’t fully understand and were pressured to accept.
Don’t get distracted. That argument is already fraught. They straight up lead their argument with a fallacy.