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by ketzo
1644 days ago
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From an economic standpoint, they are more important. People with massive, life-ruining debt are more important for us to help than people who graduated debt-free or who got jobs/careers that let them pay off their debt. If you can divorce yourself from a kindergarten-esque "fairness" complaint, it's pretty obvious that yeah, we should (unfairly!) help people who are being destroyed by debt. |
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The plans are to forgive 10K of debt per person. There is a crazy suggestion of forgiving 50K of debt per person but let's just ignore that (it costs more than a trillion).
People who owe 100K are still fucked. They did go to better schools, though, so they have better jobs. Many also have good connections, because they have an easier time networking with their connections.
Wanna know who is more fucked?
Many people who didn't take loans and went to no-name schools and are working low paying jobs and have few social connections.
If we give money to either group it's a handout. For these politicians to pretend it's not a handout because it's forgiving a loan is disingenuous.
Elon Musk isn't wrong to poke fun at Elizabeth Warren. Let's just hope it doesn't result in another Trumpist president.