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5 Reasons Making Taxpayers Pay Off Student Loans Is A Rotten Idea
The Federalist ^
| November 23, 2020
| Elizabeth Bauer
Posted on 11/23/2020 10:13:33 AM PST by Kaslin
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To: Kaslin
There are roughly 7 billion people on the planet. After we pay for all of their healthcare there won’t be a single dime left. We can’t pay for your student loan Karen.
41
posted on
11/23/2020 12:28:52 PM PST
by
The Toll
To: Kaslin
Unless your kid is going to college for law, a medical degree or a serious engineering degree I’d advise them to learn plumbing. Plumbers can easily make $75 to $100 an hour. Plumbing pays good.
42
posted on
11/23/2020 2:48:11 PM PST
by
jmacusa
(If we're all equal how is diversity our strentgh?)
To: Kaslin
6. It makes contracts worthless
43
posted on
11/23/2020 2:54:20 PM PST
by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
To: jmacusa
No $#|+!!!
44
posted on
11/23/2020 3:01:11 PM PST
by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
To: Kaslin
Looks like a plumber in the picture!
45
posted on
11/23/2020 3:02:12 PM PST
by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
To: Elsie
46
posted on
11/23/2020 3:24:51 PM PST
by
jmacusa
(If we're all equal how is diversity our strentgh?)
To: E. Pluribus Unum
Yep. Hang it back on the institutions which encouraged the debt and let them collect it. They could even revoke the degrees for non-payment. If the degrees were worthwhile, then the graduate would be motivated to pay them back.
If not, then . . . it would be no different than a case of a shady used car dealer repossessing a pile of junk.
A minor forgiveness (no more than 25%) could be granted on the condition that Fedzilla sells off and gets out of the student loan business forever.
If a small college like Hillsdale can line up their own group of lenders for their student body, there is no reason that any other institution cannot do the same.
47
posted on
11/23/2020 6:30:33 PM PST
by
Vigilanteman
(The politicized state destroys aspects of civil society, human kindness and private charity.)
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