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by l30n4da5
1391 days ago
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> Student debt is a personal responsibility. It is a personal choice. While I agree with you, to an extent, you cannot ignore than many young people were pressured into going to college, and going to a 'good school' by the authority figures in their life at the time (be it parents or school counselors). they were sold the lie that college would pay for itself, and for many it has not. I got lucky, personally, and don't have much in the way of college debt due to scholarships and such, but my degree is still just a very expensive piece of paper since I have done absolutely nothing with it. |
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When I was young, drunk, and impressionable, a pit boss pressured me to apply for casino credit and get hosted in Vegas.
Of course, I took out my entire line in markers and lost it all.
If being young is a valid excuse to discharge the consequences of stupid choices, this is great news. I'll be awaiting my check.
Any of you who signed up for those $1000 unsecured "student credit card" offers should be lining up for the gravy train, as well.
Looking forward to teaching my kids that financial responsibility is only for old people, to rack up as much unserviceable debt as humanly possible while they're in whatever government standard age bracket is defined as "young", get it all forgiven, and then start acting like a responsible human being. There's no moral hazard in this line of reasoning whatsoever.