(02-08-2021, 05:28 PM)lastonealive Wrote:

(02-08-2021, 03:09 PM)StroudCrowd1 Wrote: I wonder how many people complaining about student loan debt have Samsung Galaxy S21 or Apple Iphone 12's and unlimited data plans.

I wonder how many of those same people have smart watches and an extra line for that watch

I wonder how many of them have Netflix, Hulu, Amazon Prime, Disney+, <insert paid subscription here>

I wonder how many of them have satellite radio or Spotify

I wonder how many of them are making the necessary sacrifices in order to make good on their debt.

So they shouldn't spend any money in order to finance a loan?

Well that's just great for the economy!

Spending money on non-essential discretionary items over necessities is pretty stupid.  It used to be that U.S. citizens took pride in making a sacrifice and working hard in order to achieve.

Latest "smart" phone with an unlimited data plan = unnecessary.
"Smart watch" = unnecessary.
Netflix, Hulu, etc. for television = unnecessary.
Satellite radio or streaming radio = unnecessary.

Add up the cost of the unnecessary/discretionary items on StroudCrowd1's list would most certainly amount to enough to pay for the debt that these people took on.

Ponder this.  Is the cost to build the latest "smart" phone so much higher to justify the rising price of one?  My guess is that it's not.  The price is higher due to the demand because a certain generation or two just "have to have" the "latest and greatest".

The bottom line is that student loan "forgiveness" is nothing more than wealth redistribution and wrong.

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