Much of the opposition to student loan forgiveness boils down to bitterness. Why should people who suffered under a stupid system subsidize young people so they don’t have to suffer as well?
I Suffered and So Should You
Ted Rall
Ted Rall is a syndicated political cartoonist for Andrews McMeel Syndication and WhoWhatWhy.org and Counterpoint. He is a contributor to Centerclip and co-host of "The Final Countdown" talk show on Radio Sputnik. He is a graphic novelist and author of many books of art and prose, and an occasional war correspondent. He is, recently, the author of the graphic novel "2024: Revisited."
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Don’t forget FDR bitching at me about those pricks Salk and Sabin and their vaccine.
The dem, um, leadership is now in full-blown crisis mode. The war in Ukraine hasn’t helped Biden’s numbers. He simply doesn’t have anything on his resume that’s a wow. He needs a wow before the midterms.
And:
I grew up under the threat of nuclear annihilation in WWIII.
Why shouldn’t today’s kids suffer the same?
Why do so many ( mostly Democrats) engage in nostalgia for those childhood days of living on the edge of extinction?
I disagree. When you take out a loan, you are expected to pay it back. Can I get my mortgage forgiven? Can I get my car loan forgiven? Etc. Regardless of the circumstances, these students DID take out a loan and should be required to pay it back.
Contracts are non-binding when one party signs without being properly informed of the terms and conditions. College borrowers take out loans based on blind faith, assuming that their majors will be relevant four years later, the economy won’t have tanked, and they will find and keep a job after graduation. Under those circumstances, it isn’t reasonable to demand repayment.
Logic.