- Oct 23, 2011
For those who sacrificed so much, overcame hardships, and paid off a lot or all of their student loans, would you support the government forgiving student loan debt for others? Or for people whose parents sacrificed so much?
I am one of the parents who didn't saddle dd or myself with loans. She worked her ass off to help pay and she got some scholarships. And she got rewarded with a great career with the plus side that she learned to manage her money well. The rest was out of pocket. And I would celebrate loan forgiveness without being petty or envious for those who do get loans forgiven. It wouldn’t be the first time that the government modified loans or changed tax credits that resulted in more savings for some than others. Just like I’m not resentful of the child tax credit given now, when I never qualified for it as my DD was growing up due to income thresholds—I don’t resent that either. During Obama era, many got their home mortgage loans modified and no, I didn’t qualify either nor had the need to. That’s just the way the system works. You can let envy and resentment consume you or you can just be grateful that you are financially blessed and don’t need government handouts. The movie “The Platform” comes to mind. Without spoiling it, the theme it conveys is that the lower and middle classes are always fighting enviously with each other over the scraps those above throw in their direction. I refuse to be that petty.