(no subject)

[gunslnger.livejournal.com]

Since the topic of forgiving student loans has been mentioned here a couple times recently, I figured we should get an expert opinion on the issue.

Forgive Student Loans? Worst Idea Ever.

So, can you think of a reasonable rebuttal to one of the 5 reasons not to do it?

ETA: In my opinion, forgiving student loans is a pretty bad idea, for at least the reasons given. If you want to hand out free money, give it to the people who need it first, determined by actual need; don't use an unconnected metric of "went to college" to determine where it should go.

Comments

I'll make it real simple for you then.

[squidb0i.livejournal.com]

Banks crashed the economy with reckless and stupid and fraudulent lending and speculation practices.
They then extorted us for hundreds of billions of taxpayer dollars because they were too big to fail.
They've owned DC for decades.

Which of those is acceptable?

Re: I'll make it real simple for you then.

[prisoner--24601.livejournal.com]

Yeah. But the banks didn't do that all on their lonesome - they went skipping hand in hand with the government. And there are plenty of other dubious quasi-government institutions such as Fannie Mae and Freddie Mac that have screwed up our economy too.

Yes, both are complicit.

[squidb0i.livejournal.com]

Because the banks etc own DC, so DC does what it's told. I made that clear.