LogFAQs > #979501813

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Topic	Jesus, the Last Week Tonight about student loan debt was infuriating.
wackyteen 03/22/24 8:32:17 AM #125:	cuttin_in_farm posted... Get medical debt first if you really wanna help people. Forgiving loans and then having the same f*ing loan situation exist to just start again does nothing but give people a chance to pat themselves on the back. At least with medical debt, if it stays unpaid, it doesn't charge a fucking interest rate that balloons the debt from costing $200k (upfront) to $600K by the time you're finally able to pay it off. We can forgive (some) debt, cap interests rates, cap the total amount of interest that can be accrued and force (public) universities to go through a hard tuition reset if they want to continue benefitting from government resources and funding and continue to market themselves as a Public University. We need to gut the whole system and bleed it drier than the Sahara. That will take time though and we can start with the most debilitating, immediate symptoms --- The name is wackyteen for a reason. Never doubt. <cite>wackyteen posted [p:979501813] in Jesus, the... [t:80725844]...</cite> <quote>cuttin_in_farm posted... </cite><quote>Get medical debt first if you really wanna help people.Forgiving loans and then having the same f*ing loan situation exist to just start again does nothing but give people a chance to pat themselves on the back.</quote>At least with medical debt, if it stays unpaid, it doesn't charge a fucking interest rate that balloons the debt from costing $200k (upfront) to $600K by the time you're finally able to pay it off. We can forgive (some) debt, cap interests rates, cap the total amount of interest that can be accrued and force (public) universities to go through a hard tuition reset if they want to continue benefitting from government resources and funding and continue to market themselves as a Public University. We need to gut the whole system and bleed it drier than the Sahara. That will take time though and we can start with the most debilitating, immediate symptoms --- The name is wackyteen for a reason. Never doubt.</quote> ... Copied to Clipboard!
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