Comments by "SK ONTHEROAD" (@skontheroad2666) on "Canceling student loan debt ‘can lead to a slippery slope’: Campus Reform correspondent" video.
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@psychosious I think you are overthinking this. Most people who go to college come out with some amount of debt. And that "some" can be 100's of thousands of dollars (for those who went on to get graduate degrees, such as doctors, lawyers, etc). For Biden to come along and say "we are going to wipe away student debt", or even a portion of it, which then means that the taxpayers will have to pay for it--after they have already paid off their own student loans--is not only a bad idea, it is infuriating! It doesn't matter why someone went to college, or who put the original thought in their mind that college was a good idea (and worth taking out loans for), it is simply not right. Not to sound like one of my kids, but it really is not fair. Not to the kids who went to college, not to the kids who decided they couldn't afford to go, not to the parents, not to the taxpayers. It is a horrible idea!
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@psychosious Also, student debt discussion aside, it is likely a generational thing as I am noticing it a lot lately... and a little late, as I see I am as much to blame with regards to my own children... but one can only blame their parents for so much for so long. At a certain point, when one realizes, "Hey, I never learned how to be responsible with money" (or something similar), it is a waste of time blaming your parents or school or anyone else for that matter. You were smart enough to come to the realization that there is something useful you need to learn--go out and teach yourself what it is you want to know. Take charge of your destiny! Especially now, with the internet (that your parents did not grow up with), and all the differences in how we live our lives today and how much new info there is to learn (you could probably teach your parents a few things!), you can go out and learn about anything just by searching YouTube. Whereas back in the day, we had to go to the library, use the Dewey decimal system (do you even know what that is, lol), find a book, look up the topic, hope it is the right book, read about it....you get my point. It is a whole different world we live in now. Whatever they would have taught you would likely be useless now anyway. Or maybe I am just making myself feel better and less guilty. But learning the "value of a dollar", when we hardly use cash anymore is hard. Knowing how to write a check when we have PayPal is useless... even if your parents taught you everything there was to know, it is now obsolete. But you can always teach it to yourself. Knowledge is very fluid these days...
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@walkerpublications4418 NOTHING that you have written is anywhere close to true. Coming from a family with 2 doctors and 3 lawyers, all with double IVY degrees, your statement could not be further from the truth. And having sat on the board of a feeder school to the IVY's for almost 20 years, and chair of their FA committee for over 10 years, you are very misinformed. And even with all that aside, having 2 kids currently in college and another one who will be applying this year, I am well aware of how the loans programs work. Including FAFSA. Which is rolling, so there is no guarantee, even if one is eligible. Do you realize how much money one has to make to pay even ONE IVY tuition and graduate without any debt?? For those who have $80,000 a year, after taxes, JUST to send their kid to college, not counting anything else (not even a trip home for the holidays), on top of paying for their own life, 4 years in a row (haven't even mentioned grad school yet), and not notice the impact on their bank account, AND see the kid graduate with school all paid off, is an anomoly--largely bc it is just stupid and no one would do it. But pretend that they were going to--do you understand what kind of disposable income one would have to earn a year?
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