The reason I think they should be forgiven is because all they serve to do is pay inflated salaries to idiot “professors” who sit on their loony asses pontificating
That’s the reason student loans should never be forgiven. Student loans should not be subsidized in any way, and that would remove the incentive to overpay for college.
“The reason I think they should be forgiven is because all they serve to do is pay inflated salaries to idiot “professors” who sit on their loony asses pontificating”
The major flaw in your logic is that the idiot professor has already been paid. Forgiving the loan does not make it go away, it just transfers the responsibility of paying the idiot professor away from the person who used his services to you.
That's cutting off your nose to spite your face.
I know a few kids who went on some wild sprees with student loan money. They just kept borrowing & kept spending on good times.
A couple of the girls went to Paris & have loads of 'memory' pictures - all with cocktails & guys in the photos.
There are doctors who are in a good practice - behind on paying back their loans.
They all need to get in the real world...You borrow money & you pay it back.
You will just prolong the problem by doing that.
We are seeing the opinion shift to college not being worth it. Let the bubble burst.
Makes prices come down by making the ones who took the loans eat it, otherwise the tax payer will eat it again.
But the Lib profs have already been paid by the time the loans are in default!!!