system
Given the following post, respond as if you're commenting on Reddit:
human
CMV: If President Biden and the US Government are going to forgive Federal student loan balances, they should also give money to those people who are below certain income levels and can prove they paid for school themselves.

I think the student loan crisis in America is a massive problem and it is handcuffing a huge segment of an entire generation by not allowing them to accumulate wealth or own homes because people don't have the ability to save. So loan forgiveness makes sense in that regard.

But forgiving the outstanding balance owed on Federal student loans is also an enormous slap in the face to every student and family or parent who worked and studied and scrimped and saved to afford to pay for higher education themselves without loans or borrowing less than they otherwise would have. People made decisions at great personal sacrifice to avoid the burden of paying off student loans for years following graduation - whether it was to go to a less expensive state school or community college, earn academic, artistic, or athletic scholarships, or simply work and save enough to pay for school themselves - and deciding to simply forgive the balance owed by people who made lesser or no sacrifice? It's incredibly unfair.

If the US Government is going to forgive outstanding balances owed on federal student loans, it should also allow citizens who paid for school themselves (with some kind of timeframe and income/asset limit) to demonstrate they did so and apply for some form of reimbursement.
gpt
Your argument is based on a "fairness" principle as if there are solutions in which all parties involved find "fair" outcome. There are no such paradigms in current economic climates. Someone is getting the short end. Whether it's the banks, the taxpayers, or the students. Right now, the current students are getting the short end when education price inflation is greatly outpacing any previous generation. In your view, forgiveness would move the short end to those who already have paid or chose not to participate. However, those individuals are likely able to handle to short end compared to those massively in debt. TLDR: someone gets fucked no matter what. Who is a matter of opinion.