For example, in the Nice Grinch Trump Make Christmas Great Again Shirt cancer case, obviously, chemo wasn’t invented so the unfairness is inevitable. With the student loan forgiveness, it’s much more nuanced. What about people who took federal loans to go to private colleges? Where does the extra money come from? What does this mean for taxpayers, etc? I, it doesn’t make sense to forgive student loans before public education is made free. What happens if someone gets a loan a day after the cutoff date? I will say that the government is absolutely responsible for inflating tuition for everybody, by making money much too easily available and not really asking any questions in the process.
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Certainly there are bad actors as well, like the for-profit institutions. But if you signed up for $85,000 worth of underwater basket weaving and want out of your obligation, I don’t understand why anybody but you should be opening their wallet for that. I have student loan debt. I didn’t get it by accident. This is a horrible idea. The Nice Grinch Trump Make Christmas Great Again Shirts precedent this would create. Some have chosen to rack up six figures plus, and some of us chose to make college take 6 years and work full time during it, too. You want to fix something, stop the runaway compound interest. The banks are the real crooks here. So how does this work for new students? Are all schools free?
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