For me, I do kind of think that if someone paid and then forgiveness happened, they ought to be at least partially compensated if they have any history of being low income. They could have put their loan payments into something else but they didn’t so they’d kind of end up screwed over by their slavishly responsible bill paying.
That said: its stupid to not want broad student loan forgiveness because the student loan crisis is literally damaging the economy. Its hurting everyone, even people who already paid their loans off.
I like that idea. Phase in tax credits based on the student loans you have paid in the last X years, with higher weight given to more recent payments.
To be clear, even though I’ve just about finished paying mine off, I’d vote for full forgiveness in a heartbeat with or without that provision, but I think it would make it much more pallatable for a large chunk of the population.
For me, I do kind of think that if someone paid and then forgiveness happened, they ought to be at least partially compensated if they have any history of being low income. They could have put their loan payments into something else but they didn’t so they’d kind of end up screwed over by their slavishly responsible bill paying.
That said: its stupid to not want broad student loan forgiveness because the student loan crisis is literally damaging the economy. Its hurting everyone, even people who already paid their loans off.
Id be ok if there was some kind of reimbursement, but I wouldn’t stop student loan reform from happening if it didn’t include reimbursement.
I like that idea. Phase in tax credits based on the student loans you have paid in the last X years, with higher weight given to more recent payments.
To be clear, even though I’ve just about finished paying mine off, I’d vote for full forgiveness in a heartbeat with or without that provision, but I think it would make it much more pallatable for a large chunk of the population.