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reset-password | 2 years ago

> "Suing could force the government to start the repayment machinery again, which might not be a terrible thing. Given the low unemployment rate and the existence of income-driven repayment plans for people who are struggling, few people would be ruined by restoring the February 2020 status quo."

This particularly perturbed me with the implication that "ruining" a few people is fine as long as a few other people are made wealthier.

Greatest country etc.

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yeahwhatever10|2 years ago

I’ll never understand this attitude. “America sucks because you have to repay loans.”

xigoi|2 years ago

No, America sucks because you have to take a huge loan in the first place in order to study.

eganist|2 years ago

[because lobbyists and legislators pushed for regulation that gutted two generations'ability to affordably get an education]

reocha|2 years ago

This is pretty normal and how certain economic policies have worked, for example, deregulation of the banks allowed banking companies and their employees to get insanely rich while eventually causing the 2007 recession.

birdymcbird|2 years ago

Im disturbed with these “opinion” articles and influence they have.

it still make zero sense to me why student loan payments on hold. should we also put car loan payment on hold? credit card payments?

yes..people took loans without thinking if they pay off debt. is it every borrower? No.

easy scheme for political party to get votes. make perfect sense to me why sofi would sue.

i always think to my home country. being born in USA like winning lottery. just green card and no citizenship is like lottery. endless opportunity to do something in USA. no mentally and physically ok adult in USA have reason to be in poverty.

but of course USA people thinking government magically solve all of it. true irony that developed country fall into our third world thinking mindset.

hexane360|2 years ago

What third world countries think 'government magically solves' everything? If anything, trust in government is much higher in regions with more political stability and prosperity.