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How much do you really think this is taking out of your pocket? You are paying for others all the time with your taxes, which can’t be selective for the system
by nfRfqX5n 5y ago
How much do you really think this is taking out of your pocket? You are paying for others all the time with your taxes, which can’t be selective for the system to function
- HeyImAlex 5y agoIf the 1.6 trillion in debt was divided evenly among every human in the US it would be 4k. If we’re ball-parking and say that the top 20% of earners would foot the bill it’d be about 64k per household.
- jaywalk 5y agoIt would be taking more than the already high amount that's being taken out currently. So I'm against it.
- throwaway894345 5y agoThe system is already selective. It doesn't pay for my neighbor's boat, why should it pay for his student loans?
- brnaftr361 5y agoYou can't practically quantify this. If we forgive current loans, you could assess a dollar value - but what you can't do is project what those individuals will do once that debt is forgiven. Buy a new car? Take out new loans? Shopping spree? Or what precedent it sets for the public contemporaneously. Or what precedent it sets for the future. What we're not doing is working in a vacuum.
- twblalock 5y agoIt's the principle that matters. A society that rewards bad decisions and punishes (or ignores) good decisions is bad and we should not allow our society to be like that.