Former Google CEO Eric Schmidt, who has since moved on to greener and perhaps more dangerous pastures, told an audience of Stanford students recently that “Google decided that work-life balance and going home early and working from home was more important than winning.” Evidently this hot take was not for wider consumption, as Stanford — which posted the video this week on YouTube — today made the video of the event private.
Personally I don’t like student loan forgiveness because I think a free public university system is a better investment.
¿Por qué no los dos?
I too prefer free tertiary education. But that also does not relieve the millions saddled with predatory loans.
Not all loans were predatory, some people just made dumb choices all on their own. If anything there should be a reasonable limit on the interest rates and the loans should be refinanced.
And, as for why not both, we actually can’t afford either. Investing for the future is a better deal for society than fixing people’s personal mistakes.
What do you mean we can’t afford either? Are you telling me that somehow all other developed countries are able to afford free or cheap higher education but somehow the US cannot? We could also slowly start to cancel current student debt. Sure, it is at $1.77 trillion right now but that does not have to be wiped away all at once. Prioritize getting rid of predatory loans, then those those with financial hardship, then go from there.
Yeah, same reason I don’t like insulin, I want a permanent cure for diabetes… In the meantime fuck diabetic people, am I right?
/S in case people are confused
Free education will make the world a better place in the future for everyone. Debt forgiveness is just for people who don’t want to pay their bills because they studied something that doesn’t pay.
I’m genuinely confused by this? I know CompSci and engineering majors that are having trouble with loans and are you saying that they should have tried a more profitable degree… What?
Curing diabetes will make the world a better place in the future for everyone. Insuline is just for people who want to eat candy all day because they hate themselves
/S
Ps: it’s hilarious how quickly you showed the true colours you pretended to hide in your first post
But…if you think free public university is a good thing…isn’t not giving loan forgiveness analogous to saying “folks should stay in jail for trumped up marijuana charges until it’s legal Federally”? IMHO people shouldn’t have these loans in the first place.
If we can’t afford loan forgiveness, we can’t afford free public university. We can simultaneously fix the problems of the past while trying to improve things for the future.
The marijuana comparison is not even close to the same thing.
In terms of harm done, no. Principle? Yeah? It’s best to stop further harm, but undoing past harms as well is even better.