We are so used to paying debt that we forget that student loans don’t have to be paid back and that forgiveness doesn’t erase the debt. Although it is great to have the debt forgiven, we have to remember that we are not getting everything for nothing. We are not getting the full value of our education. The debt has to be paid off.
But there is this little thing called the law of unintended consequences. If a person loans money to a student and the student ends up getting a job and having the same level of income as the student in the first place, but instead of paying the loan back, the student receives a job, the student can then pay the loan off when they are ready so it isnt completely reversed. In other words, student loans dont have to be paid back, but they can be forgiven.
This seems to be the theme for the entire reddit post.
I think the original idea that this was a really good idea is a little naive. It comes off as a little disingenuous, and it’s not like students would do this for their own good. To make that argument, you have to realize that the student is not the same person as the person who took the loan, and there’s a bit of a stigma attached to having that sort of debt. I think you have to realize that this is a really bad idea.
But it might be worthwhile for students who have taken out these loans to think about it, considering the fact that there are some students who don’t have the will power to get out of debt. The fact that you can get a loan forgiven after you die might also be a good idea.
What happened to these students was that they took out these loans to pay for college, and then when they graduated they learned that they couldnt be forgiven. This is not a good idea, but it has happened before in the past, and it is far more expensive to forgive debt in the modern economy than it was in the past. If you take out student loans, you have to pay them off in full.
The student loan industry has been a bit of a black eye for the state of the economy, but this is a pretty good example of how it is possible to make a difference. In the old days, we would have to borrow money from our parents in order to pay them off. Now, loans are often forgiven after you die, and you can get an entire loan paid off within a few months. It’s a really good idea.
The problem is that there is a lot of competition in the loan industry. In the old days, the competition meant that you could get your money back (in full) after your death. Now, the competition is about how quickly you can pay off your loan. I mean, it’s a lot more fun to get your money back in full.
I wish I could say I’m not one of those people that thinks that I’m going to get my loan forgiven after I die, but that’s not a very realistic goal. The problem is that if you’re not very wealthy, you have no way of paying off a loan. If your parents decide to kill you, you have no way of getting a refund.
Yes, you can get your money back in full after your death. But I’m not sure if you’d want to. I mean, if you were a billionaire, you would, but the fact that you don’t is kind of a big deal. If you lose your job or have a large medical bill, you can’t get a refund.