Tag: angry

Responsibility And Lawn Darts

Reportedly the Alzheimer’s patient occupying 1600 Pennsylvania Ave will come out of hiding today and return to the White House to announce an executive action canceling student loan debt. What’s being reported is that $10,000 of debt will be evaporated for anyone who earns less than $120,000. It’s hard to describe how angry this makes me.

I feel like a chump. It’s that feeling when you pay full retail and then find out you could have had that same thing 30% off if you’d gone down the street and negotiated. Why-oh-why did I work and self-pay for school? All those folks who went into the military so they could go to college? Suckers. It’s the ultimate Fuck You to anyone who tried to be responsible and minimize the debt they took on.

It was a loan. You saw the terms. You saw the interest rate. You understood it was a legal contract you were signing. Of your own free will you acted like an adult and penned your John Hancock on the dotted line. My sympathy level for anyone who has massive student debt is exactly, ZERO. You made choices. I sincerely hope those choices resulted in a well-paying job. If so, then you made a wise decision. It also means you can afford to pay those loans back. If you have a low paying job and massive student loans… then you made a poor decision. That sucks. It’s also the way life works. Play stupid games, win stupid prizes. You’re going to have to take on a second job and work your ass off to get ahead. That was the way this was supposed to work. So sorry, you may have to cut back on your soy lattes and make do with an older smartphone.

Clearly, I grew up in a different era. We were sent out to play after school on our own. The only requirement was to be home in time for dinner. Parents had zero idea where we were. We had to invent our own games and fun. There were no structured play dates or facilitated games with ten helicopter parents hovering over us at all times. I’d highly recommend reading this essay on how important it was (is) to foster the level of independence and learning we had as kids. And how much harm we’ve done to our kids today. We’ve created an entire generation of child-adults who expect to be protected from everything and for mom and dad (government) to bail them out of any situation or poor decisions.

So now we’ve decided to take a break from shipping billions of dollars to Ukraine, so we can print another 300 billion for kids who made poor financial choices. Because it’s not like increasing the money supply has anything to do with inflation. I’m sure there’s no possibility my taxes will go up to pay for the increased debt. Yeah, right.

With an unlimited money supply in the form of federal student loans, university tuition will only continue to skyrocket. Why not? They have no skin in the game. I’ll have to pay for that in the form of higher taxes, increased inflation, and responsible kids who don’t want to take on debt being priced out of higher education.

Can someone, anyone, please explain to me – in simple terms I’ll understand – why I need to pay for your financial obligation? And why I can’t get a refund for the same amount that I stupidly chose to self-pay? Anyone? How is that right or fair? I thought this generation was all about fairness?

While I wait for an answer, I’m going to head out for a solo motorcycle ride in the mountains. Because I wasn’t coddled as a kid on padded playgrounds and forced play dates. I had lawn darts. I am comfortable assessing risk and living with the decisions (good or bad) that I make.