Protecting Social Security and Medicare — the strong and fundamental safety net for older Americans — is a core mission of the Democratic Party and Democratic voters.
Equally important — it’s a moral obligation — is making sure we don’t leave younger generations bereft of opportunity and buried in debt. We must preserve hope for everyone from today’s elementary school children to today’s forty- and fifty- somethings.
President Obama’s call for quality early childhood education for all children gets us thinking in that direction. But what about today’s working adults, from age 21 to age 62? Too many will find themselves caught in the middle between the costly (privileged?) senior generation and the expensive (and essential!) younger children.
I’ve long been troubled by the accusation that preserving Social Security for today’s elders will lead directly to the indebtedness and impoverishment of our children and grandchildren. I don’t believe it! We have to make sure it’s not the case.
If we don’t have intergenerational fairness, then we’ll deserve intergenerational conflict.
Debt forgiveness for student loans is an excellent place to start. It’s at least as important as the mortgage debt and consumer debt problems. No, it’s more important.
Student loan debt can’t be discharged through legitimate bankruptcy. Student loan debt is like original sin. It’s a burden on the backs of the Millenial generation that’s unforgivable and at the same time, unbearable.
Student debt is not a responsibility that young adults should start life with. It was foisted on them under false pretenses at a time when they weren’t even old enough to legally rent a car.
American college students should have been able to receive a good college education at a reasonable price and without staggering debt. If anything, responsibility for student loans should be on their parents and grandparents. Good education is and should be a civil right. Mature adults have a responsibility to make available a good education for all young people, up to and including college. Mature adults would and should gladly pay the costs of all education, either by direct payment of tuition and expenses, or by patriotically paying taxes to support public education. ANY QUESTIONS?
Forgiveness is the central issue. Forgiveness is at the very heart of Christianity, and of many other religions as well. You could look it up. Forgiveness is a blessing to give and lifesaving to receive.
Democrats and the Democratic Party should make student debt forgiveness the central issue of the 2014 elections.
What say you? Are you for or against forgiveness of student debt? And why? Speak up. Don’t be frightened by the stern tone of the lecture. There are no wrong answers. Extra credit for class participation.
— John Hayden
- The Really Bad News About Student Loan Debt (nationaldebtrelief.com)
- Short Sale Expert, Ivan Caudle, Announces that the Time is Right for Short Sales as the Debt Forgiveness Law Survives (prweb.com)
- Senators Propose Bankruptcy Option for Private Student Loans (blogs.wsj.com)
- Americans Replace Student Loan Bills With Tax Bills (forbes.com)
- Meet the Author Behind the Student Loan Forgiveness Act Petition (usnews.com)
- Here Comes The Student Loan Bailout (zerohedge.com)