Skip to main content

If the student loan debt is totally forgiven

On June 24, 2019, a senator who wants to be a presidential candidate for the Democratic Party of the United States announced a bill that totally exempts a total of $ 1.6 trillion in student loan debt. He explained that 45 million Americans with stude

Good morning. I do not deny that life is ruled by luck. The effort is necessary. It is also necessary to help each other. However, if you ignore the element of luck, will not your life fail? Yup.

In the case of classic card games, there are many ways to win1

On June 24, 2019, a senator who wants to be a presidential candidate for the Democratic Party of the United States announced a bill that totally exempts a total of $ 1.6 trillion in student loan debt. He explained that 45 million Americans with student loans will be rescued by this measure.2

If a large number of carrots that are preferred by voters are displayed3

luckPeoplebankpoliticiancertain reasonsborrow moneywants to be a presidenttotally exemptsdebt is forgivengood cards!desiret all the exemptionsbrokenluckPeoplebankpolitician

  1. People who are lucky seem to win even gambling. In the case of classic card games, there are many ways to win, such as how to win with the cards in hand and how to win with good cards coming from the neighbors who show an incomplete poker face, but the best Trump card is luck. Yup?
    When betting something, you should not make a psychological effort. If you bet, bet on the belief that luck is everything.
    Card game | Britannica.com
    The Language of Cards: A glossary of card-playing terms - David
    Luck and skill in poker: The Economist ↩︎

  2. Wait, where do you intend to carry the resources from? According to media reports, financial resources are likely to be compensated by taxation on financial transactions. Well, if it is possible, why has no one ever done that?
    It is attractive enough to put it up as an election pledge, but when it is realized as a measure, it may be broken before it is implemented. Because if the student loan debt is totally forgiven, the student loan debt will increase further, and even if it is not the student loan debt, the full exemption will be desired.
    Bernie Sanders wants to wipe out $1.6 trillion in student loan debt
    Sanders to unveil plan to cancel all $1.6 trillion of student loan debt
    Bernie Sanders Unveils Education Plan to Eliminate Student Debt … ↩︎

  3. the general public will be willing to choose a passive way of waiting for good luck. People borrow money for certain reasons, and the bank lends money after accepting the reason. Can the politician’s very short-term reason revoke the contract? I think that such a way of winning is against the ethics of the general society.
    Why do governments borrow money instead of printing it? -
    ↩︎

The students are really working poor and have no money, but even if they go on to college they can hardly go to college with part-time jobs and job hunting activities. Also, even though they have time to go to university, they are sleeping at home, because the contents of the lecture are terribly slow and old and boring. That is real. Without waiting for good luck, noticing the failure of the choice and fixing it, the students will not be able to start anything. Today’s post is over. Thank you. Yup

Can the politician's very short-term reason revoke the contract?

Comments