4 ms·

Great let's do it. And of course, my parents, who paid tens of thousands of dollars for my tuition, and I, who have paid off tens of thousands of dollars of st

Great let's do it. And of course, my parents, who paid tens of thousands of dollars for my tuition, and I, who have paid off tens of thousands of dollars of student loan debt will be reimbursed for our absolute stupidity in being financially responsible, right?

jvanderbot 5y ago
Proponents might say that its not about helping those who have helped themselves, but about helping those who still need help. If you could manage without loans, you aren't in a situation where gov intervention is required. I'm not of that mindset. I'm content with my loans.
- gruez 5y ago
  >If you could manage without loans, you aren't in a situation where gov intervention is required. This assumes everyone is equally prudent, but I doubt this is the case. For instance, suppose I was frugal, eating only rice and beans so I could pay off my student loans ASAP, while my friend got takeout multiple times a week. In this case, does my friend deserve more intervention than me? If my acts of frugality and sacrifice leads me to not get intervention, what message does that send to society?
  - jvanderbot 5y ago
    The course to the problem can't be fixed, but the problem might be able to be fixed. You can scold a smoker as much as you want, but we all still pay for their chemo in the forms of health insurance premiums.
EvanAnderson 5y ago
I wouldn't expect a refund for paying off my wife's student loans, or my own medical debt. That seems unfair. I'd expect a refund and interest commensurate with the earnings I lost being unable to invest that money. Were I an amoral freeloader that's certainly what I would have done, rather than living up to my debt obligations.
legitster 5y ago
On the other hand, I received free tuition at college but took out the maximum amount of subsidized Stafford loans (at the time, they were pretty close to free money) so I could have a comfier college lifestyle and only pay off the minimum each month. I could really make out like gangbusters on this thing.
ferrisford 5y ago
The only thing fair in life is a ball hit between first and third.

jvanderbot 5y ago

Proponents might say that its not about helping those who have helped themselves, but about helping those who still need help. If you could manage without loans, you aren't in a situation where gov intervention is required. I'm not of that mindset. I'm content with my loans.

gruez 5y ago
>If you could manage without loans, you aren't in a situation where gov intervention is required. This assumes everyone is equally prudent, but I doubt this is the case. For instance, suppose I was frugal, eating only rice and beans so I could pay off my student loans ASAP, while my friend got takeout multiple times a week. In this case, does my friend deserve more intervention than me? If my acts of frugality and sacrifice leads me to not get intervention, what message does that send to society?
- jvanderbot 5y ago
  The course to the problem can't be fixed, but the problem might be able to be fixed. You can scold a smoker as much as you want, but we all still pay for their chemo in the forms of health insurance premiums.

EvanAnderson 5y ago

I wouldn't expect a refund for paying off my wife's student loans, or my own medical debt. That seems unfair. I'd expect a refund and interest commensurate with the earnings I lost being unable to invest that money. Were I an amoral freeloader that's certainly what I would have done, rather than living up to my debt obligations.

legitster 5y ago

On the other hand, I received free tuition at college but took out the maximum amount of subsidized Stafford loans (at the time, they were pretty close to free money) so I could have a comfier college lifestyle and only pay off the minimum each month. I could really make out like gangbusters on this thing.

ferrisford 5y ago

The only thing fair in life is a ball hit between first and third.