We're not paying YOUR student loans!

We're not paying YOUR student loans!

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Concerned Citizen started this petition to Senator Tammy Baldwin and

Do not forgive any student loan debt. Any student loan debt is a voluntary investment by an individual. Forgiving voluntary debt (especially from investments that generally benefit the individual) creates a moral hazard. It will also create more dependencies on the government, which has never been healthy for anyone. 

Forgiving any debt is also unfair to those of us who made sacrifices to pay their own way through school or pay their debt by minimizing their lifestyle costs after school. 

Instead, focus on reducing the cost of education, and this should not be done through federally backed loans. These loans encourage colleges to continue to increase prices because students have access to huge sums of money to pay for the ever increasing costs. This creates a vicious cycle where the money supply for students continues to increase, so universities can continue to increase prices. 

Prospective students should be educated on the actual salaries of each major from each specific college so they can make wise decisions on their education investment. This will reduce demand for majors and degrees that will never produce a large enough salary to cover the cost of the degree. It will also encourage students to choose alternative career paths that will better suit their life goals. 

Be fair, avoid moral hazards, and reduce unnecessary costs, but do not use my taxes to pay for your investment in your own future. 

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!