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A comment on Student Loans. Medical Debt. Criminal Justice Fees. Cancel It All.. Parent comment

Re:Student Loans. Medical Debt. Criminal Justice Fees. Cance... by jimbob45 on Friday July 02, 2021 @10:52AM (#27712265)
Yeah this is my issue with the idea too. In 20 years, you're going to have the same problem again with new borrowers unless you make some fundamental changes to college to stop predatory student loans from being given out.

To be fair, I find this thread to be a bit misguided. Everyone here is talking about canceling 100% of student loan debt but I've only ever heard suggestions where the amount of loans above 100k or above 50k are forgiven. Conceivably, those loans were never really going to be paid off so money isn't really being lost.

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Re:Student Loans. Medical Debt. Criminal Justice Fees. Cance... by cudgy on Friday July 02, 2021 @11:38AM (#27712894)
Maybe it’s time to pursue that extra degree and borrow the money regardless of need if you already have borrowed the 50/100k limit … free money. I’m sure that the schools will love raking in the cash and raising tuitions due to the increased demand.
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