Schumer Is Wrong To Assume Cancelling Student Loan Debt Will Close The ‘Wealth Gap

GURPS

INGSOC
PREMO Member
This issue is not as simple as Schumer makes it out to be.

For one, when students took out a loan, they signed their name and promised to pay it back with interest. A loan is just that. A loan. A promise to repay what was taken. This is not a scholarship. This is not “free money” for all who want it. This is a commitment to your neighbors to give the federal government the hard-earned taxpayer funds that were lent to the student.

In America, we have this notion that we are entitled to anything and everything and we are not. Every single one of us who chose to go to college, to get an education, made that choice because we thought that was the best choice for ourselves and our families. We saw a potential to not only obtain an education but to also land a job that pays more. Making the conscious effort to choose the college path means taking all that comes with that path. For many of us, that means going into debt to get to where we need to be. Having to pay back a loan for your education also means you are far more likely to take it seriously. After all, it is your money at stake, not someone else’s.

It is absolutely unfair to tell men and women who never went to college to foot the bill for those of us who made a conscious decision to get a higher education. The majority of those who went the trade route did so because they did not want the mountain of student loan debt Schumer referred to. Telling them to suddenly suck it up and pay for their neighbor’s education is not only wrong but it’s un-American.


 

glhs837

Power with Control
Yeah, like when Man Bun Bob gets his debt wiped out, he's gonna start making 80K a year with his gender studies degree. No, he's going to keep making 30K a year as the "beer guy" at Whole Foods.

We need to stop lending so damn much to so damn many for such worthless degrees.
 

Hijinx

Well-Known Member
Yeah, like when Man Bun Bob gets his debt wiped out, he's gonna start making 80K a year with his gender studies degree. No, he's going to keep making 30K a year as the "beer guy" at Whole Foods.

We need to stop lending so damn much to so damn many for such worthless degrees.
No degree is worthless
Remember: You have to have a degree to get hired by the Government.

Now they don't give a damn what the degree is , it can be flower arrangement, but you have to have that degree
 

glhs837

Power with Control
No degree is worthless
Remember: You have to have a degree to get hired by the Government.

Now they don't give a damn what the degree is , it can be flower arrangement, but you have to have that degree

Oh, I've seen that in action, one reason I'll always be a contractor :) But for every one of those, there are millions who end up in jobs that provide no hope in hell of ever paying back that loan.
 
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