Opinion | Student debt vs. the politics of resentment

By Christine Emba Christine Emba Columnist focused on ideas and society. Email Bio Follow Columnist April 26 at 4:53 PM By its height in 2011, Occupy Wall Street had spawned any number of slogans and mottos. While some had staying power , others faded quickly into obscurity . Some, however, deserve a second look.

Earlier this week, Sen. Elizabeth Warren unveiled a plan to address this as part of her 2020 presidential campaign. Alongside a major grant to historically black colleges and universities, and the elimination of tuition fees at public colleges, it proposed a sweeping cancellation of student loan debt: $50,000 for those with household incomes under $100,000, and $1 for every $3 for incomes above $100,000, plus the ability to discharge debts in bankruptcy.

An article in the Washington Examiner complained that “Elizabeth Warren’s plan to cancel student loan debt would be a slap in the face to all those who struggled to pay off their loans.” After the millennial-oriented website Refinery29 published an article on how young people would benefit from having their loans forgiven, readers raged. “You’re telling me it’s fair for me to help pick up the tab for those who didn’t . . . sacrifice?” one reader said in the comments.

Let me get this straight. ewarren wants to give away 1.5 trillion tax dollars to pay for a defective product (education) without a full independent investigation of the finances of the institutions that took the money? Uh - NO

So Americans R supported to pay the loans taken by lower income student... Tax payers are already on the hook for more than $22 Trillion deficit! And the congressional spending plans keep coming!

😂😂😂😂🤤🤤🤤

I had to pay for my college tuition.

IRS, Fast & Furious, Uranium One, Benghazi, pay to play, billions to Iran, there are lots more. What you had is, NO accountability of any scandal in his administration. Obama entire presidency was a scandal and a joke.

I would be super resentful. I paid off my debt and only borrowed what I could afford to pay back. Made many sacrifices. Do I get my money back? Warren is an idiot.

No it won’t. Some people saved their whole careers to educate their children, forgoing big houses, vacations, and more. There is hella resentment at the big spenders who want debt relief and those who wasted money on kids not ready for college.

It’s not just debt relief for current loans. What about all future college tuition costs. This silly proposal just can’t be done

Higher education has turned our young people into indentured servants. Incentivize private business to take on the debt s a very good idea as they will benefit from a larger pool of educated employees. Right now tech is recruiting outside the country.

Idiot.

Hopefully this is part of a master plan to get all is voters to think through the issues before Hillary's comeback, obviously the only candidate that can possibly defeat Trump is Hillary

Where is my government handout?

jentaub Why? We agreed to those loans. Unless the Boomers either stop collecting Social Security benefits or return the $6 Trillion they‘ll be stealing from millennials by collecting those benefits, you haven’t even begun to see what resentment looks like

Make it so.

Natives despise her for disrespecting us.

Debt does not exist. Idiots do. We should focus on eliminating ignorance debt free.

A better idea. Have the govt buy back the debt and issue 3% bonds to pay for them. Who wouldnt buy a 3% bond now? Everyone should contribute something toward their education. It should t be a complete write off.

'Debt relief' will teach student borrowers that there are no consequences for bad economic decisions & we will all ultimately pay for this generosity with higher taxes-the money has to come from somewhere. It may get her votes, but it's a bad decision for the country.

Warren. Come on, we all like her.

These kids are handed everything thus a generation of week coddled sissy's

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Sen. Elizabeth Warren Proposes Student-Debt CancellationSen. Elizabeth Warren is proposing using taxpayer money to wipe out hundreds of billions of dollars in student-loan debt as a way to control rising college costs. The left is tripping over itself to offer things for 'free' as if they won't actually cost taxpayers. This woman is a big fraud.... Pocahontas How?
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Elizabeth Warren proposes canceling student loan debt and offering free public collegeSen. Elizabeth Warren unveils a plan to cancel up to $50,000 in student loan debt for households earning under $250,000 a year, the only major 2020 presidential candidate to advance such an ambitious plan. How dare people live up to their word and pay their debts. Feel bad for the suckers who stop paying in advance under the false assumption that this is ever going to happen. So, Who will pay the bill then? Santa...?
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Elizabeth Warren's proposal would cancel student debt for 95 percent of borrowersNearly all student loan borrowers would see some of their debt cancelled under Elizabeth Warren's new proposal. Not going to be the Dem candidate... What if you already paid your debt back ? And who would pay for this exactly?
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