multivita-man
Platinum Member
- Aug 10, 2022
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Unlike college kids I lived up to my end of the bargain and the government lived up to theirs. Apples and oranges. If you have a total loss in a house fire, you'll never pay the insurance compny back. If you have a major accident in your car you will never pay the insurance back. If you don't like the system government setup, tell your leaders to get rid of it. College loans were setup where you borrow the money, and pay it back in the time frame they gave you.
So your argument is that you're better than these borrowers because you played by the rules, which is fine - you can make that argument.
But just recognize that "people should fulfill the terms of an agreement - any agreement" is your own idiosyncratic philosophical premise. There are other premises that are valid...like the fact that, presumably, the vast majority of these borrowers have made good faith efforts to meet the terms of their agreement, and in fact, many have probably done so. But they'd be in less financial distress if they had this debt burden removed. There's nothing inherently wrong with that.