Student Loans / Expected Value of Paying Down or Waiting

I used half of mine on legal pot and comic books and pretty much blew the rest.

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Quote: billryan

Quote: mcallister3200

Quote: ChumpChange

Would you rather get 5 more $2,000 stimmy checks or a $10,000 student loan forgiveness?
Well, states will have to step up with the stimmy checks.
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Where are the options for neither and why?
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Or both, and why not?
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I'm sure you already know but $5-$6 gas and the grocery store prices. But I suppose what some see as the problem others see as the answer.

Quote: billryan

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One of my younger cousins went to college late and got a job as a rookie teacher at 31 or 32. He owed about $50,000 in student loans.
His union got him into a program where he got his Masters in a shorter time than normal, and it added another $25,000 to his debt. He had, in writing, assurances that if he paid his loans on time and taught full-time for X amount of years, the remainder would be forgiven. Teachers, cops, EMT, firemen, and several other civil service type professions all got the same deal. He says the previous administrations honored the deal but then, in an effort to drain the swamp, six years ago they canceled the program.
I'm not sure how I feel about canceling everyone's debt, but if there really are hundreds of thousands of public service workers that got screwed, I hope he cancels theirs.

Economic stimulus checks...bah, ridiculous.

Forgiveness of studen debt: no way, Jose.

In both cases it's a shell game, with the repayment not forgiven; rather it is on the backs of the tax payers.