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Good! If you borrow money, you need to repay it. No more Biden-era mentality of letting taxpayers bail everyone out!
A statement frequently made by those who were in a generation in which 90% tax rates on the highest earners entitled them to cheap college, infrastructure investments like the interstate highway system, pensions that meant they didn’t have to worry about retirement … it takes some cognitive dissonance to ignore all that government investment into your lives, claim you did everything be yourself to justify taking it from your kids and grandkids, and just tell them to grow up instead …
Agree with Glen. Time to grow up.
Yet the government withheld payment to employees for 2 months.
Good. You borrow money, you pay it back. Pretty simple.
Anecdotally, there are heartbreaking cases we should all want to help, such as a young mother going to college but having to drop out because her caregiver mother gets sick and can no longer care for herself and/or her grandchildren so her daughter could go to school. The young mom ends up dropping out with debt and no degree. But the vast majority of cases involve people who blew their chance, or took a lousy major, or partied too hard, or got bad grades and couldn’t get a decent job with their degree. Assuming we think it’s a good idea to bail good people out, before we even consider paying off most student debt, we should pay off all the car loans and other debt for those who never had the chance to go to college, and instead have been working hard to build a life since high school. Those folks deserve our help much more than those who had the college chance and blew it.