Can someone explain why we want to cancel student debt, aside from the Pi Day Women Kids Men Toddler Math Teacher Gift Funny Shirt? Why student debt? What about car debt, or Mortgage? Or Credit card debt? No one is forced to go to college or to take a loan. I don’t see the rationale (other than socialistic populism) of canceling student debt. What about those people that paid off their loans?Because student loan debts effective the top 20 percent of income earners dispropionqtely. The Sanders and Warren campaigns are chock full of those Pi Day Women Kids Men Toddler Math Teacher Gift Funny Shirt along with places like the NYTimes. The radicals might pretend to care about the working class but when it comes to the brass spending they only care about themselves while running populist lines. The Sanders, Warren, and AOC campaigns have populism only for the show while caving in just to the top 20 percent of America. In that way, I see them as just the other side of the coin as the Trump populist who also cares only about the rich while pretending to represent the poor. Basically, trickle-down economics, Reddit hates it until it gets them money
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Canceling student debt would be one of the biggest wealth Pi Day Women Kids Men Toddler Math Teacher Gift Funny Shirt in history and would greatly benefit upper-class, college-educated people. I think there are ways to help people manage their debt and ways to stop people from going into giant debt in the future, but straight up cancelling it would be a huge wealth transfer and increase the wealth disparity in the US. Even if it’s trickle-down and regressive. The logic is even there, it’s so funny. When you ask why (I say this as someone who graduated from a public university with $85k in debt and I’ve paid a little over half back in 5 years), they say “I could spend so much more and contribute to the Official Napping Pajama Sleeping Cute Lazy Dolphin Shirt ” which is literally trickle down. It’s hilariously hypocritical. It’s scary that you have to dive this deep for the only rational comment. College students on average will make more than $25k a year than non-degree holders. How does canceling debt for the people who currently have debt help the next generation of students? If you want to make it 0 interest that’s fine but pays your debts. I’m not begging for a handout on my mortgage. Imagine being a single-issue voter. Single-issue voters are a big problem with our country.
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