(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

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.