When you see "loan forgiveness" think higher taxes for you and adding that amount to our deficit

"Of those receiving taxpayer-funded assistance, roughly 60% are taxpayer-funded "public servants" - so the snake continues to eat its tail. So, buying votes with voters' money."

Because unless stopped by congress or the Supreme Court he can.

I don't get, didn't the Supreme Court stop him already?
And doesn't Congress have to authorize such spending?

Yep. And so far he's been stopped, when they can. Clearly Demented Joe is hell bent on buying as many votes as possible for the next election. 81 million? Ha! He's gonna go for 85 million next time!

I can wish …

You would think. But I had a co-worker who back in 2016 told me she was going to vote for Hillary for this very issue, solely. She makes plenty to pay back her loans. So that's the dem mentality. They almost never look beyond the initial impact of what they do.

Loan forgiveness isn't about making you richer immediately: it's about making a capital investment in the productive capacity of the United States. Want to stay competitive with China and India in the next century? We need more college graduates, especially in STEM fields.

It's called "human capital investment": there's a lot of research demonstrating its effectiveness.

Eg: https://intapi.sciendo.com/pdf/10.1515/wrlae-2015-0014

Since it is my money that is going to be used to “ forgive” her obligations to repay her student loans, I say “ NO! I do not forgive your loan. Get a job and pay it back yourself.

No, it is not your money.

And it will also be your money that pays for his/her welfare if they can't find a decent job, or prison term if they get jailed. Don't be penny wise and pound foolish.

Seriously, what makes you think this is the only possible outcome? OK, tech sector people are needed. But so are trades people (whom you probably look down on) like, for example, plumbers, electricians and automotive technicians (somebody needs to service the EVs you want to push on us). And how many people are pursuing these commercially viable - i.e., that will actually help them find and keep employment - college degrees?

Trade school is also expensive and a barrier to people getting necessary job skills -- thanks for supporting my point. No thanks for projecting disdain for skilled jobs onto me.

Don’t take on debt if you can’t pay it back.

Don't make this about the former president: we're talking about education!

Oh, and we were talking about student loan debt, not education.
smh

So now we're advocating paying off student loan debts to keep the people who won't pay them back out of jail?

Things have taken a turn for the surreal...

Nope. There's just good math to suggest that less educated people are more likely to end up in prison, costing the taxpayers a great deal more, both in the expense of prison AND in lost taxes and productivity. If you don't care about their dreams, care about your dollars -- since the argument the OP made was based on $$$.

Suggestions aren't reality, they aren't proof of anything, nor even anything substantive enough to discuss. You're not making any kind of causal case for what you suggest.

So from my pov, this notion is just one more example of people wanting politicians (usually on the left, but certainly not limited to the left) to throw we the taxpayers' money at a problem to solve it, when in reality, that rarely does any good at all. It just empties the taxpayers' wallets and leaves us with huuuuuge deficits. Certainly at the federal level. If you came up with something a little more concrete, then we could discuss it more realistically.

This isn't about providing funding or access to education for those who can't afford it, it's about paying off a debt incurred by those who chose to make an investment in something far beyond their means. Not city or state university or community college, but more upscale, and such was their choice.

Do we now pay off debt for those who opted for limos instead of public transportation too?

This is the type of gaslighting that the left relies on to fill the sheeple's heads with lies in order to further whatever agenda they're pushing, which in this case is blatant vote buying.

What about the obvious issues involved with making one demographic of the voting populace pay off another demographic's legally obligated debts?

What about the people who paid their way through school? Or those who paid off their student loans as a priority after graduating? What if you never went to college at all? How will anyone in any of those groups (or others that are similar) feel after they pay off their student loans and then are told by a Demented Joe that they also get to pay off other peoples' student loans?

What fun!!! 😁😁

Hell, if Demented Joe wanted to do it right, he'd *reimburse* (with interest) all of the people who have paid off their student loans, just so they won't feel like suckers.

What's next for Demented Joe? Paying off our credit card debt? Hell, if he did that, I'd be tempted to vote for him, except damnitall,I don't have any effing credit card debt. Paid all that off, too. What in the blessed name of Elvis was I thinking??? I guess I'll miss out on two gravy trains. Maybe if I register democrat real quick it won't be too late...? 🤣🤣🤣

Whatever happened to the democrat party? Before they became socialists, I used to vote for their candidates. Never again. Not until the madness stops.

Kinda strawmanny there. We pay off other people's debts and costs all the time. Farm subsidies, bank bailouts, the GI bill, Americorps . . . whenever we collectively (or the gov'mint, however you want to think about it) that it's worth it to pay some money to advance what we determine is the greater good, we do that.

I think what you consider "strawmanny" is me being sarcastic. Sorry, but sometimes I can't help myself when the reality of a situation is simply bizarre.

The real strawman is that everyone would be better off going to college, or that it's some kind of human right. If we were intentional, we'd use this so-called crisis to explain to people that it's perfectly fine to go to a trade school, or go straight into working, or starting a business after high school. Historically in this country (also currently) we are brimming with people who are wildly successful without having gone to college. If someone wants to go to college, that's great. I'm all for higher education. I believe in it strongly. But that doesn't mean it's for everyone, or that everyone has a right to higher education at the expense of others.

"We pay off other people's debts and costs all the time."

But that doesn't make it right. Also, not apples to apples with those examples, imo. One might be able to draw some kind of logical comparison to the bank bailouts, but the scale is so completely asymmetrical (large corporations vs. individuals) that imo it would be a painfully thinly stretched comparison. The other three examples are of of entitlements, not voluntarily assumed debt. So, they're not in the same ballpark as the govt using my and other taxpayers' money to pay off a personal debt that someone voluntarily / legally obligated themselves to pay in exchange for money they used for a personal purpose. It's that simple.

It actually doesn't really matter what the money they received was used for. It could be for a car, to pay off a credit card bill, or any other personal monetary debt. Would we expect the govt to pay off our car loans, or our credit card debt? Hardly. Nobody was forced to take the money and nobody should be forced to pay off someone else's debt.

In trying to figure out any other motive for this than vote buying, I realized that even Biden probably doesn't truly care whether this scheme works out or not. Sure, he keeps paying the issue lip service, but I think that's just to keep up appearances for the load of socialist whackos in his party. He knows it does nothing but piss off a lot of people, even in his own party, so he won't die on this hill. Just my $0.02 worth of political analysis. Hell, it's probably not even worth that much.