[GongOfFour]

This is silly. What if you chose to go to a smaller school so you paid for college out of pocket? Should you get paid for the opportunity cost of not going to the expensive liberal arts school?

Forgiving debt isn't about you, it's about unburdening an entire generation of working people so they aren't forever under the thumb of financial institutions. Undoing federal guarantees is also about rightsizing academia, which has bloated itself on these ever growing loan numbers.

[leereeves]

> What if you chose to go to a smaller school so you paid for college out of pocket?

Another reason that loan forgiveness would be unfair. And what about people who learned a trade instead of paying for an overpriced college? Or poor people who didn't go to college because their underfunded neighborhood high school didn't prepare them for college?

America has already had too many bailouts to save the privileged from the consequences of their own decisions.

[benatkin]

Not only that, it's a reason that those who don't owe money on their loans might be struggling financially due to missed career or even social opportunities of going to a smaller (read: often crappy) school.

[benatkin]

> Forgiving debt isn't about you

You're helping to make GP's point. You are saying that those who owe money are more important to this conversation without knowing anything else about them.

[ketzo]

From an economic standpoint, they are more important.

People with massive, life-ruining debt are more important for us to help than people who graduated debt-free or who got jobs/careers that let them pay off their debt.

If you can divorce yourself from a kindergarten-esque "fairness" complaint, it's pretty obvious that yeah, we should (unfairly!) help people who are being destroyed by debt.

[310260]

Yes because those who still owe money are who it affects. Sure it sucks that people who already paid off their loans can't have them forgiven now but what's done is done. Can't accommodate every single person perfectly.

[meatsauce]

If you can't pay back a 50,000 or 100,000 loan in 10 years, you're doing something wrong.