The college students are not the one who came up with the plan so they are not to blame for it. Perhaps it can be seen as unethical to accept forgiveness of a debt that other people will then be required to pay to the lender, but even there most people would accept the deal so I'm not really blaming them for that either.
I AM blaming a government/President who thinks it is okay to forcibly take money from one citizen who ethically and honorably earned it and give it to another citizen, for any reason, who didn't earn it. Most especially when the deal is a plan that he will be long gone and his role in it will probably be forgotten when the taxpayer has to pony up the money for forgiven college loan debts.
In my world of ethics, those who cannot repay debts shouldn't be knowingly acquiring debts. And those who do acquire debts should expect to pay them as a matter of honor.
If that makes me a snob or appears to make me look like I am 'better than everybody else' so be it. I'm not likely to change that point of view.
You are a snob, a haughty one. You think you're better than everyone else. You think anyone who supports the President is unethical, and dishonorable.
You act like those of us who support the President neither work, pay taxes or pay back loans.
You brag about paying back loans as if you're the only one who has.
The President's plan is now law. Congress approved it. Get over it.
More than $1 trillion in student debt - exceeding all credit card debt - is a dark cloud over the economy, especially with youth unemployment in double digits.
Tuition at public universities and community colleges is more than 8% higher than last year and has nearly quadrupled in the last 30 years.
Yeah, bash youth, that makes sense.