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First-person essays and interviews with exclusive views on complicated problems.
I paid down my student education loans in full without assistance. Yet when editorialists decry Bernie Sanders’ student financial obligation forgiveness plan as “unfair” to those of us who currently paid our loans (because they did with Elizabeth Warren’s), they’re most certainly not talking in my situation.
It’s the type of argument built to tug at our many selfish impulses while ignoring the financial and political transformations which have kept a generation of university graduates struggling under an unprecedented hill of pupil financial obligation.
We graduated university in 1985 with $18,000 in figuratively speaking (about $42,500 in 2019 bucks), then faithfully paid them off throughout the next a decade. Being a paternalfather, we spared sufficient for my daughter’s training to make sure that she could graduate university 100 percent debt-free. I’m maybe perhaps not rich. I did son’t always result in the most useful choices that are financial. But we worked difficult, played by the principles, making good back at my debts. Continue reading “I paid down all my student education loans. We nevertheless support education loan forgiveness.”