If you buy a porsche and can't afford it, they can repossess it. 

You can't repossess a degree. 

Oh I assumed I would keep it.  We shouldn't keep people stuck for bad choices, no?  Consumer marketing made feel like I needed one.  It isn't my fault.  

My cousin went to cal Berkeley and got a degree in Nordic poetry....  that isn't the fault of anyone but herself.  

Edit

Also my wife got a pottery degree and I paid back every dime of her 40k loan.  Nobody bailed us out.

Most bad decisions can be overturned, or if they can't be overturned, then there are insurances.

You buy a car or a house you can't actually afford, it can get repossessed and resold for the lost value.

If your house burns down, there's insurance. 

If you're a smoker and get lung cancer, there's insurance. 

Neither of those things are an option with student loans.  

It doesn't mean it's not your fault. 

People make stupid decisions all the time. People drink, do drugs, they speed, etc. 

Society as a whole tends to pay for those things. We pay for police officers, we pay for prisons, we pay for education so that people are hopefully informed enough to make choices, we pay for emergency services. We pay either directly or indirectly for most of these things.

Your bad decisions can 100% be your fault, and it can still make sense that society collectively comes together to help you out. Especially when it's an issue that affects like 1 in 7 people. 

Is this student debt relief even something that's costing us any money to forgive in the first place? Like, are we actually using federal funds to pay down the debt or just ordering creditors to cross out certain debts? I've heard both proposed but I'm not sure what's going through right now.

92% of student loan debt is federal, (which is what people are pushing for forgiving)

Those loans are given out directly by the government. There are loan services like Nelnet, Edfinancial, MOHELA, CRI, which manage payment to the federal government, and they take a percentage of the debt payment. 

Those federal loans are part of the federal debt. So when you hear the $34.5 trillion debt that the US has, about $1.6 trillion of that is technically* student debt.

*Not necessarily that simple, because it's not necessarily how finances work, but for all intents and purposes.*

Forgiveness increases debt, which pushes inflation, which costs everyone money. It is a poor strategy and doesn't address the actual problem. The actual problem is absurd private school costs and worthless degrees people shouldn't be getting. There needs to be an honest conversation on the actual problem, not silly band aid "solutions."

Forgiveness does not increase debt, it is already included in the debt. 

Both things are being talked about. One of which is easier than the other, because of the fact that the president has oversight over managing student debt. Fewer hoops to jump through.  

OK, so if we reduce debt by having people pay for the money they borrowed....  we fight inflation.   Different side of the same coin. 

Forgiving debt, is BS, imo.  If it weren't trump I would be voting against Biden.  I paid my wife's debt over 10 years...  others can and should do the same, full stop.

People need to stop getting worthless degrees, full stop.  

I Don't Know How To Explain To You That You Should Care About Other People

"I’m perfectly content to pay taxes that go toward public schools, even though I’m childless and intend to stay that way, because all children deserve a quality, free education. If this seems unfair or unreasonable to you, we are never going to see eye to eye.

A quick google search tells me the national average for in-state tuition at a public 4-year university is just over $26k/year or about $104k for a degree. That is absolutely expensive.

Also, why are you assuming everyone with large amounts of debt got a stupid degree? This is a right wing talking point where they pretend everybody who has student debt got some ridiculous degree like the one in your example.

It’s not blaming others, it’s accepting that we have a fucked up system and people shouldn’t be punished for trying to get an education. When the cost of tuition is multiple times more expensive than other OECD countries (some of these countries are tuition free) then we should acknowledge that there is a major issue with the way our system is set up and not blame people for doing what they were taught would make them more money.

Higher education in the US is like out healthcare and childcare systems where people are spending an asinine amount for things that other countries get for much cheaper or even free.