What's Really 'Immoral' About Student Loans

Post by [deleted] » Fri, Jun 28, 2013, 9:58 PM UTC

javert wrote: post #98

saraid216 wrote: post #95

Earlier quoted context omitted.

> Whoa there - why do you call what I've written "simplistic"? Because it does not appreciate complexities. This is the danger of confirmation bias; it reduces a complex reality down to a simple explanation by dismissing contrary evidence. > You can't say that a person has earned his brain, nor can you say that he hasn't. I've already explained why. And you're wrong. Your central claim is this: "A person has earned a…

> Earn my respect. This is supposed to be a community where we all respect each other. There is no excuse to be disrespectful to other people here, especially over disagreements about politics and philosophy. If you want to be part of a community where you are free to be disrespectful to people until they "earn" your respect, you should go somewhere else. I'm not even commenting on how you made fun of me and maxharri…

Post by ebiester » Fri, Jun 28, 2013, 10:58 PM UTC

Jach wrote: post #91

ebiester wrote: post #11

So.. We make it so that only people likely to pay the loan back get student loans. Then, we watch as the actuaries figure out that students frompoor families are the ones who disproportionately pay their loans (since they don't have the same familial support during and after college.) So, poor students are disproportionately denied loans, and we continue to see generational wealth inequality expand. There are no grea…

> ... generational wealth inequality expand. People automatically assume economic inequality is bad, though here's an argument for its merits: http://www.paulgraham.com/inequality.html I'm more concerned about the wealth floor in a society going down , which is at odds with the general trend over the past centuries of it going up, even if not at the same rate as the wealth ceiling.