mean that people in the future should not benefit from a better system?
I think there would be a lot less controversy if it were about people in the future. If the plan was to make university more affordable, that would be different. Or, if the government introduced a student loan system where the interest rate was pegged to the inflation rate, I don’t think that would be so controversial.
What’s controversial is the student loan forgiveness programs. Rather than fixing the broken system so that university costs were more manageable, it’s structured as a targeted bailout of a certain group of people (people with a university education who haven’t yet fully repaid their loans) paid for by everyone else.
I think there would be a lot less controversy if it were about people in the future. If the plan was to make university more affordable, that would be different. Or, if the government introduced a student loan system where the interest rate was pegged to the inflation rate, I don’t think that would be so controversial.
What’s controversial is the student loan forgiveness programs. Rather than fixing the broken system so that university costs were more manageable, it’s structured as a targeted bailout of a certain group of people (people with a university education who haven’t yet fully repaid their loans) paid for by everyone else.