Policy punishes disabled people who save more than $2k

Re:Policy punishes disabled people who save more than $2k by crooked-v on Friday May 20, 2022 @11:55PM (#31455118)

I think the basic disconnect you're running into here is that for many people the government-backed educational loan establishment is not "someone" worthy of any moral consideration, but rather just a poorly-constructed piece of political machinery that only exists because of the failings of the government in regards to public education.

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Re:Policy punishes disabled people who save more than $2k by WalterBright on Saturday May 21, 2022 @12:29AM (#31455244)

Every person with a loan got it of their own free will and signed a contract asserting of their own free will that they were going to pay it back.

The fact that the promise was made to the taxpayers doesn't make it honorable to break one's word.

It's also a major insult to every person who worked hard and paid back their loan.

This forgiveness program is a classic "moral hazard".

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Re:Policy punishes disabled people who save more than $2k by crooked-v on Saturday May 21, 2022 @06:38PM (#31462722)

There's another disconnect here: you're treating contracts as a moral imperative, rather than as a civil agreement with failure clauses to be rationally considered. The government does the latter; why should an individual who makes a contract with the government treat it differently?

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Re:Policy punishes disabled people who save more than $2k by WalterBright on Saturday May 21, 2022 @11:21PM (#31464614)

What part of the contract says: "if you don't want to pay back the loan, no problem, we'll just forgive it!" ?

I've never heard of a loan contract that says that.

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