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Should we cancel all student loan debt?

I paid all 30K of my debt after graduating college four years later because I don’t want to live as a deadbeat. But should we cancel all the loans for the upper income privileged kids who had the opportunity to go to college? Who can’t seem to find a way to pay it off like a man? Or hold them accountable and teach em a lesson? What do you think?

9 Answers

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  • Favorite Answer

    “I don't see much future for the Americans ... it's a decayed country. And they have their racial problem, and the problem of social inequalities ... my feelings against Americanism are feelings of hatred and deep repugnance ... everything about the behaviour of American society reveals that it's half Judaised, and the other half negrified. How can one expect a State like that to hold together?” -Uncle Adolf

    He was right.

  • Dick
    Lv 7
    2 days ago

    The idea that anyone in the USA must pay his/her own money to get an education is repugnant. The scam of student loans is a particularly heinous crime, since it traps so many of our lowest income people in a way that they will never recover. Not only should student loan debt be forgiven, but any interest paid into them should be refunded.

  • Dan
    Lv 6
    2 days ago

    There's no fair way to cancel debt. It's unfair to people who worked hard to pay it off, who now still have to pay the increased taxes to fund other people's unpaid debt. 

  • 2 days ago

    Yes, I rather have that then give away millions to corporations and foreign countries 

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  • 2 days ago

    That's about $1,700,000,000,000 .  Double that and split how many ways .

    .

    1,700.000 get $1,000,000 each . 200,000,000 get $8,500 .

    That way everyone gets hit with the inflation it causes 

  • 2 days ago

    "holding them accountable" and "teaching them a lesson" sounds more like a justification for punishment.  

    what is a good logical argument in supportive of punishment?

  • ?
    Lv 6
    2 days ago

    Yes.  Upper income privileged kids are less likely to have student debt.

  • 2 days ago

    does it really matter? Y!A answers is going down in a month anyway ásshole

  • 2 days ago

    Whatever dildo. 

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