it’s difficult for me to wrap my head around how this would actually work. so like everyone graduating next year and every graduate before gets everything forgiven, but everyone taking out current loans gets nothing forgiven? that seems insane.

but it would be even more insane to forgive the loans prospectively too.

you just don’t “forgive” huge loans without a compelling reason. seems much more reasonable to simply reinstate bankruptcy for student loans. then lenders will think twice. it’s all income based repayment anyway. no ones starving. it’s just inhibiting growth.

I would assume such a thing wouldn’t happen, but compared to trump being elected, it seems, well, highly plausible. I mean, a lot of people have a lot of debt. id vote for it if I had debt.

but why in the fuck did I pay cash for my kids schooling? now I still have one more year left on the middle one and 4 on the young un. should they be loading up on at least 50k in debt? if the interest is accruing in school, you’d want to have the Total balance be under 50k.

seems like a not unreasonable hedge to have some debt.

my student loan balance is 500.00. we paid off my wife’s in cash. STUPID.

why didn’t we just forgive everyone’s mortgage debt in 2008? that seems equally plausible. although a home has some value, while a college education generally, lets face it, is useless for many