What? That’s not what’s happening. They are doing student loan forgiveness, for only some of the current loans. Nothing is become free under the current plan. People are still going to take out massive loans, they are still going to go into massive debt, and they will still be crippled. Which is why this is a stupid plan.
If school is free, they wouldn’t need to take out loans, correct. However, we’d still want to get the costs under control so it’s not the government writing a blank check to the colleges, funded by tax dollars, instead of students writing blank checks with debt dollars. The current government can’t afford to make this free, the budget is upside down as it is… there is a $1.5T deficit for 2023. Somehow we’re going to pay for college too? The deficit is out of control; we can’t just say the government is going to pay for all this new stuff when they can’t even afford the current stuff. I’m all for providing stuff like healthcare and college, but we have to get the house in order first. Doing it when things are in their current state would be a disaster.
Why would people continue to get student loans if school was free?
What? That’s not what’s happening. They are doing student loan forgiveness, for only some of the current loans. Nothing is become free under the current plan. People are still going to take out massive loans, they are still going to go into massive debt, and they will still be crippled. Which is why this is a stupid plan.
If school is free, they wouldn’t need to take out loans, correct. However, we’d still want to get the costs under control so it’s not the government writing a blank check to the colleges, funded by tax dollars, instead of students writing blank checks with debt dollars. The current government can’t afford to make this free, the budget is upside down as it is… there is a $1.5T deficit for 2023. Somehow we’re going to pay for college too? The deficit is out of control; we can’t just say the government is going to pay for all this new stuff when they can’t even afford the current stuff. I’m all for providing stuff like healthcare and college, but we have to get the house in order first. Doing it when things are in their current state would be a disaster.