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Joined 2 years ago
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Cake day: July 18th, 2023

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  • That’s such a cheap shot at my point.

    1. People chose to take out these loans, this isn’t like cancer or slavery.
    2. Someone has to pay for the loans. When forgiven that means every tax payer is taking on that burden. So yes a good thing happening to you can be a bad thing for other people.
    3. Most importantly, forgiving current loans doesn’t prevent more people from falling into the same pitfalls. Meaning you’re just perpetuating the problem

    My point is don’t forgive loans if you haven’t fixed the problem because all your doing then is perpetuating the broken system and burdening everyone with student debt.



  • Too big to fail means that the failure of a business or industry would take the country down with it. The college industry (as it’s more an industry than anything else) has effectively become “too big to fail”. But what’s so insidious about it is that rather than all these schools carrying the debt, they’ve literally pushed it onto the students.

    Forgiving student loans without a plan is a bailout for colleges and only accelerates the broken system.

    As for screwing people over with changes to forgiveness plans (or making them too rigid in structure) is an example of something that needs to be fixed because it’s clearly not working.


  • I think there are three problems with loan forgiveness:

    1. We can’t just keep bailing people out. If you’re going to forgive loans, you need to actually address the root cause first.
    2. Why do the people who did the right thing by paying back the loans get shafted? They made sure they could pay back their loans and made sacrifices to do so, and now youre letting people unprepared for the loans leap frog them?
    • It’s almost like “too big to fail” but for people.




  • Based on what you wrote, it seems like you need to take a step back and look at the whole picture. Why are you at school and what do you want to study.

    Goin to school can help you position yourself for a career, but is usually primarily about becoming educated (and isn’t for everyone).

    If you’re primarily concerned about a career, then focus you’re studies on something you feel capable in. Physics requires a lot of mathematics (and nowadays usually some programming). Programming coursework may have mathematics, but usually relies more on logic than math. Writing is a great way to work on communication skills and analysis, but will have a less direct career path after school (becoming a professional writer is no guarantee).

    On top of all of that, most people won’t even end up working in their field of study.

    At the end of the day, no one really knows where the economy is going long term. That means there isn’t a surefire path to success, and why I recommend you think harder about what you feel good about pursuing.