Why Nobody Is Entitled To Loan Forgiveness | The Odyssey Online
Start writing a post
Politics and Activism

Instead Of Asking Bernie Or Liz To Pay Your Student Debt, Maybe Stop Drinking Your Paychecks Away

Pay. Back. Your. Loans.

178
Instead Of Asking Bernie Or Liz To Pay Your Student Debt, Maybe Stop Drinking Your Paychecks Away

Student loan forgiveness is unnecessary and does not make very much sense. I do not support student loan forgiveness. The money for loans students take out has to come from somewhere.

If those loans are simply just forgiven, where is the line drawn? If I don't want to pay my mortgage or rent because I don't think I have to, can I? If I had thousands of dollars in credit card debt, it should just be forgiven.

If someone wanted to "borrow" $250,000 from you with no intention of giving it back, would you give it to them?

It's the same idea some students are practicing with his or her lenders.

In American business, a good or service in exchange for some form of payment. The student wants an education, a degree, so they can make money and be successful in life. The student pays for education, the good/service (they're supposed to anyway) and receives the education they desire. He or she then gets a job and begins paying back the loans they may have needed to take out.

Yes, college is expensive. However, there are ways to make it less expensive. Students can get jobs and live a reasonable life on campus. A student can still have the so-called "college experience" while not digging themselves into debt.

Maybe instead of planning an over-the-top spring break getaway, save your money for the next semester.

Maybe instead of attending that big school with name recognition and a $45,000 tuition and housing bill, go to a state-owned school, where you can get the same (and sometimes better) education for a fraction of the price.

Maybe instead of drinking your paychecks away every weekend, put some money aside for your pending tuition bill or rent check.

I'm not saying that you won't have to take out any loans but do it wisely. There is no need to waive your loans away just because you don't want to pay for them.

Student loan forgiveness does not make sense. In the real world, you cannot take something and expect not to have to pay for it. That's not how it works.

My generation often thinks that if they want to "cancel" something simply by boycotting it that they won't have to deal with it anymore.

Sorry, guys, but you can't cancel your student loans… and neither can any presidential candidate.

Report this Content
Student Life

How To Prepare For The Library: Finals Edition

10 ways to prepare for finals week—beginning with getting to the library.

70
How To Prepare For The Library: Finals Edition
Photo by Clay Banks on Unsplash

It’s that time of year again when college students live at the library all week, cramming for tests that they should have started studying for last month. Preparing to spend all day at the library takes much consideration and planning. Use these tips to help get you through the week while spending an excessive amount of time in a building that no one wants to be in.

Keep Reading...Show less
girl roommates
StableDiffusion

Where do we begin when we start talking about our roommates? You practically spend every moment with them, they become your second family and they deal with you at your best and at your absolute worst. They are there to make you laugh just a little harder, cry a little less and make each day a little better. We often forget to thank them for the little things that they do to make college even a tiny bit easier and more fun. This list of 26 things are what you should thank your roommates for right this minute and every day that you live with them.

Keep Reading...Show less
Thoughts While Studying For Finals
StableDiffusion


That time of the semester has arrived once again, finals. The worst week ever. Who thought it was a good idea for all your classes to have exams all in the same week? Definitely not me. Here's 20 thoughts you may have studying for finals.

Keep Reading...Show less
Entertainment

Disney magic for New Year!

The "Happiest Place on Earth" has a lot of characters with some pretty great advice.

6278
Disney magic kingdom castle on new years
StableDiffusion

Disney movies are well known and very popular in today's world. Although many people appreciate the plot and the storyline, not many people appreciate the wisdom these characters possess. Every Disney movie has unique advice that can be applied to everyday life. Here are 11 Disney quotes to help start your New Year off right:

Keep Reading...Show less
Lifestyle

40 Gift Ideas for the Indecisive

It's a time of love, family, memory-making, and gift-giving. But also a time of stressing over the perfect gift.

120389
Christmas gifts around a tree
StableDiffusion

It's officially December. There is less than a month of 2024, and I still feel like yesterday was summer. Now comes the merriest time of the year, the Christmas season.

Everyone has been waiting for this time of year since mid-October (which is way too early, in my opinion) or before. It's a time of love, family, memory-making, and gift-giving. A lot of times when I ask friends and family what they want, I get a lot of "I don't know" or "I don't care."

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments