The main reason we should cancel the college loan debt is because it should never have occurred to begin with. From the start, it represented a terrible scam by which financial institutions created a profit center out of the admirable desire of our young to better their lives.

Nov 30, 2022 · 10:58 AM UTC

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Replying to @marwilliamson
Maybe Deans, Admins, Profs, & Grad Asst's, should have been paid $1/yr salaries??? BTW: MANY colleges/universities are "non-profit" State asst'd schools!!!
Replying to @marwilliamson
Bankruptcy is the answer
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Replying to @marwilliamson
No
Replying to @marwilliamson
You borrowed it. You pay it. I paid for my kids tuition. I’m not paying for anybody else’s.
Replying to @marwilliamson
Financial institutions fault? Wow.
Replying to @marwilliamson
Let’s not ignore the federal government’s part in this scam! Education loans were never to incur any interest , let alone capitalized and Neg amortization! This fed govt made a deal w the devil to screw those Americans that chose to put in the hard work to achieve degrees . WRONG
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Replying to @marwilliamson
Here is a good reason not to transfer student debt to hard working tax payers. erudera.com/news/survey-73-o…

Survey: 73% of Student Loan Borrowers Would Spend More on Travel & Other Non-Essentials After Debt...

Some 73 percent of student loan borrowers participating in a recent survey of 1,250 individuals who have applied or are expected to apply for President Joe Biden’s student loan forgiveness plan said...

erudera.com
Replying to @marwilliamson
Easy to get guaranteed Federal student loans is what allowed skyrocketing tuition. That and a massive reduction in taxpayer funding. If canceling student loans is good then so is canceling medical bill debt for all. Slippery Slope
Replying to @marwilliamson
Government is the problem, per usual.
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