- Moderator
- #1
One of the planks in Sanders' platform is "free" college education. Of course, it's not actually free. It will be paid for in higher taxes, but what about those of us who are already repaying? I currently owe $60,000 in student loans, which stems from business school and then two universities where I got my Bachelor's and then my MBA. I'm paying $500 a month on those loans for roughly the next 20 years unless I make extra payments. I accepted this debt and knew what I was doing when I took it out, so while the payments suck each month, I'm not bellyaching over it.
I do have a problem, however, with politicians like Sanders expecting me to pay higher taxes so I can pay for somebody else to go to college for "free" while I still have to make my $500 a month payment. There is no way I'm going to support a program like that. If I'm going to have to pay for somebody to go to school then, yeah, at that point I damn well expect my student loans to be forgiven, but that's not part of his equation. I don't see Sanders becoming president anyway so it's more like just a moot discussion, but hypothetically speaking, if this were to become reality I'd be very tempted to stop making my student loan payments at that point. I already have a house and I'll just go out and buy a new car ahead of time before my credit starts to get fucked. I wonder how many people would do the same.
I do have a problem, however, with politicians like Sanders expecting me to pay higher taxes so I can pay for somebody else to go to college for "free" while I still have to make my $500 a month payment. There is no way I'm going to support a program like that. If I'm going to have to pay for somebody to go to school then, yeah, at that point I damn well expect my student loans to be forgiven, but that's not part of his equation. I don't see Sanders becoming president anyway so it's more like just a moot discussion, but hypothetically speaking, if this were to become reality I'd be very tempted to stop making my student loan payments at that point. I already have a house and I'll just go out and buy a new car ahead of time before my credit starts to get fucked. I wonder how many people would do the same.