4 ms·
It's not "I suffered". It is "I sacrificed"
by viggity 4y ago
It's not "I suffered". It is "I sacrificed"
- falcolas 4y agoYour $10,000 sacrifice also probably paid off more of the student loan than the $10,000 subsidy did. Education costs have risen. 33% on average over the last 10 years. 100% in the last 20. And that is accounting for inflation.
- maerF0x0 4y agoPeople are discussing same graduation year, same school, same loan scenarios here. It's more about someone who forgoes something so that they pay off the loan, vs someone who does not forgo said thing, but ends up getting both (the loan and the thing). Eg: imagine one has an extra $1000 today and 10k of student loan. Could make 10 fun choices at $1000 each or I could pay off my student loan. If I choose to take the fun, I get both the fun and the load paid off. If I do the former, I do not get the fun. It actually becomes more exacerbated if someone did something with a net profit such as putting $10k down on a house for example. Now they have the equity in the asset _and_ the debt forgiveness. Whereas the person who paid off the loan themselves does not have the equity.