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The problem is that if you paid for college by your parents not fixing the leaky roof, living in a bad neighborhood, and choosing a worse college that didn't co
by Jiro 3y ago
The problem is that if you paid for college by your parents not fixing the leaky roof, living in a bad neighborhood, and choosing a worse college that didn't cost so much, you wouldn't get a refund the same way that someone who paid for it by a loan did. If you suffer now, tough luck; if you delay the suffering, you may get bailed out.
- neon_electro 3y agoPresumably, if you got out of college without student debt, you were better able to take the wages from your career and do things like fix a roof, move to a better neighborhood, and save for your children's education. I graduated from my university with a fraction of the average debt taken on by students at said university; I will be happy to contribute my taxes towards supporting those not as fortunate, and the economy would benefit as a result.
- Jiro 3y agoIf you let your roof leak so you could pay for college, you graduated, and you eventually fixed the roof, that's strictly worse than fixing the roof immediately and getting a loan instead, graduating, and having your loans forgiven. The person who scrimped and saved had a leaky roof for many years and the person who took out a loan didn't. (And leaky roofs are just a metonym. College is pretty expensive, and paying for it drastically reduces most people's quality of life in a way that's much bigger than leaky roofs, and much harder to shrug off.)