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So, while I'm very sympathetic for people who already have medical debt, this is really treating the symptoms vs. actually tackling the underlying problem which
by noobermin 2y ago
So, while I'm very sympathetic for people who already have medical debt, this is really treating the symptoms vs. actually tackling the underlying problem which is the cost of healthcare in America. I have similar feelings about student loan debt, which God knows I'm dealing with too. Forgiveness would be a real boost to a lot of the country's population but it would mean little if in a few years we again have the same debt bubble once again since college tuition remain at all time highs.
- nielsbot 2y agoI'd rather do something for now than nothing at all. Would be nice if we could have free public college (in some form) and public health insurance.
- noobermin 2y agoYeah, this is my point. This after all is just a policy of one federal government board, so it cannot be something that actually fixes the situation. However, policy changes that actually fix the situation are much more important and much more needed.
- swagasaurus-rex 2y agoIf prices of colleges are out of control, couldn't new entrants into the market absorb some of the demand? Coding bootcamps seemed to fill that role until recently.
- redserk 2y agoThis is assuming only actors with good intent enter the market. A number of coding bootcamps are terrible and saddle students with even more useless debt.
- foxyv 2y agoPersonally, I think socialized healthcare like the NHS or a single payer system make the most sense. Nothing is worse that our current "Death Boards" where insurance companies delay life saving medical treatment by default in an attempt to improve profits.
- lamontcg 2y agoYeah, this is just the proverbial rearranging of the deck chairs on the Titanic. Medical debt like this shouldn't exist. Then it wouldn't be on any credit reports.