• toxic@lemmy.world
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    1 year ago

    Not every piece of legislation needs to benefit you. It’s okay if others benefit and you don’t get hurt in the process.

    • DukeSilver@lemmy.world
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      1 year ago

      That’s not the only reason to oppose this.

      All Bidens solution does is take money from the tax payers to pay off the predatory lenders.

    • robgami@lemmy.world
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      1 year ago

      Hurt is a strong word but other people would be paying for that benefit.

      It’s not hard to imagine someone who decided to miss out on college and take the career penalty of lacking a 4 year degree just to avoid debt feeling like it’s a bit unfair to have to help pay for other peoples degrees. People who made the decision to take on the debt.

      Maybe it’s would be a societal good overall but it’s not like there isn’t another valid side to the debate. Personally I think that money could be better targeted towards those in poverty whether they have student debt or not.

    • Zippy@lemmy.world
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      1 year ago

      I think it is down right greedy for those who will typically be the highest wage earners to get loan relief for the loans that will make them wealthy. Why not apply that to business loans as well?

      It is particularly paid by those that will have lower wages so how can you say it hurts none?

      • toxic@lemmy.world
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        1 year ago

        It’s funny how we can print and print money for decades, we can “invest” in private industries, give them loans with favorable interest rates, billions in grants, look the other way with regards to regulations, not block anti-competitive practices, but the second we try to help actual people directly everybody loses their shit.

        Want to help the economy? That $10,000 (or $20,000) for Pell grant recipients might allow someone to save $300 more a month towards a house, a car, or spend it on goods and services. After 3 years, that’s money back in the economy rather than back to bank that have gotten plenty of help in the best.

        • Zippy@lemmy.world
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          1 year ago

          Two wrongs make a right? You ok with the next government taking bribes because Trump did it as well?

      • wwaxwork@lemmy.world
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        1 year ago

        It means the people fighting against it are only fighting against it because they don’t get anything from it and that maybe they need to stop and consider that not every piece of legislation needs to benefit them and them only.

        • hglman@lemmy.ml
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          1 year ago

          Ok, ok, let’s just give everyone enough to pay off the largest student loan debt.

        • Zippy@lemmy.world
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          1 year ago

          I am fighting against it because it only supports those that will become some of the wealthiest sector in the country at the cost to a segment that will be in the lower end of wealth. It is simply greed.