Credit card companies can be predatory targeting the people least likely to understand what they are doing, what is your opinion of credit card company debt relief?
Where does your line stop?
In all of these cases, we are transferring debt from someone who willingly took it on, to the public - and this debt will be paid at least partially by people who are low income immigrants, people slightly above the poverty line, and construction workers.
Lets at least be honest: "I like this but it means janitors / construction workers / hard working immigrants pay for the college of people who didnt."
You are focusing on "BUT NOT THE MAJORITY"...
> Lets at least be honest: "I like this but it means janitors / construction workers / hard working immigrants pay for the college of people who didnt."
Only if they have a federal income tax burden. That’s honesty, not the moral hazard you’re attempting to invoke.
https://www.cnbc.com/2021/08/18/61percent-of-americans-paid-...
> Look, I am not trying to be rude and I am trying to be gentle when I ask this: Where do you think the 'assistance' the government is going to provide comes from?
The wealthy and high earners? I pay substantial federal income tax, and I’m not too bent out of shape about this. I’m more concerned about waste going forward, not financial relief for my fellow citizen. The need for this debt would’ve never existed if state and federal funding for higher education had not slowly been withdrawn leaving students primarily to shoulder the cost burden (although I’m mindful of unchecked college spending and the need for cost controls due to the inelastic demand).
https://www.usnews.com/education/best-colleges/paying-for-co...