Socialism is when society shares the cost of your burden

If you want to front load the cost of student loans, why not just reduce the payback period to 10 years?

As far as your response to youtube goes:

1) That solution would make multiple generations ineligible to purchase anything they don't have the cash for.

2) That already happens if you don't pay off your minimum balance for 270 days

3) Again, this happens already, but that doesn't solve the issue of perpetual debt due to interest

4) You can't just wave a magic wand like that for existing loans.

No one could fucking do that man.

You can't pay off 100k in ten years.

In an ideal world student loans would be treated like any other loan, and no one would back them so the only people that go to school are the ones that can afford it with cash

I paid off my 400k house in 6.5 years. So yes you i can pay off 100k in ten years, try again

Not everyone makes over 100k a year dude.

"I did it, so why can't anyone else?"

Fuck that's narcisicistic man.

You dont need 100k a year to pay off 100k in 10 years, you need like 15k a year to do that

Okay if you have 0 other payments to make

Rarely is that the case.

Why are you so invested in this bad idea?

Because Bernie fucking Sanders would have been president cause of it if not for DNC corruption.

And me pointing out i did it, is not narcism, it shows your point of "can't" to be wrong

Can't for most of society

Can't is different than won't

Dude

the median income is less than 60k a year

Society can do it, it chooses not to

What the hell

60k a year is plenty to pay off 36k in student loans in less than 10 years

I think you overestimate how much money the average millennial makes dude.

I went by your estimate

Maybe you underestimate how much the average millenial wastes

Okay. But 36k in student loans isn't the average for millenials.

Sure millenials are wasteful, but they don't make that much money

If you have a college degree and you're not making 60k

wtf are you doing

Lots of people are in that situation @Just for youtube [NB1]

no shit

and wtf are they doing

why'd they go to college lol

Been indoctrinated

if they want to do a job that doesn't earn 60k

that's their fault still

Into thinking that's the only way to make it in society

forgiving their loans or reducing interest because they're stupid doesn't seem like a good solution

plumbers make 60k

Your right, millenial debt is societies fault, maybe they should get reperations to resolve the problem