To those who are upset about the thought of their tax money going to relieve other people’s student debt. After all, you honored your debts, why should you pay for someone else’s bad choice? Here’s why.
- Economics – money will be freed to enter the economy
- Family – People will be in a position to start a family – maybe buy a home.
- A Bill of Goods – Many suffering from too much debt compared to income were sold a bill of goods. It’s like taking a mortgage on a promised house that turns out to be nonexistent, or certainly far from worth what was paid for it.
- Confusion between correlation and causation. Yes, people with degrees generally make more money, but it’s not mostly that piece of paper that does it. It’s the influential people one meets on the way, or the ancillary learning one does through interacting with fellow students, or the specific training for traditional jobs that may or may turn out to be profitable as preferences change, or any number of things and experiences not enjoyed simply by passing enough exams to get that piece of paper.
- And here’s the one that’s really ironic. So often the people arguing against reducing the burden of the student loan – a fact that could facilitate starting a family – are the very ones pressing for increasing the population through increasing the birth rate, otherwise called “pro life” or “pro birthers?”
Remember, I spent a huge part of my career as a college professor. Just sayin.’
monagustafsonaffinito 
You go girl!!!!
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thanks! I’d send a smiley if I could find how to do it …
So spot on. I wish you had a national voice so more people could read your wise words. They are straightforward, informed, and vital.
Pam, you are so generous! I’ll admit, though, I do wish I had a larger audience. Thanks