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In reply to the discussion: Blanket student loan forgiveness is redistributing wealth upward [View all]iemanja
(54,481 posts)Who already receive cancellations of $40,000 in student loans for working in underserved, especially rural areas? Are you suggesting they won't have doctors if we don't give them a free ride? We manage to find doctors now. Blackmailing voters into paying for the loans of some of the richest people in America doesn't cut it. Doctors who make over $410,000 a year are in the upper 1%, yet you think they don't have enough? Doctors who make over $200,000 a year are in the upper 5%. https://dqydj.com/income-percentile-calculator/ Yet according to you, they need us to pay for their lifestyle. This is precisely why I made the argument I did. Paying for the rich is against any notion of fairness or egalitarianism.
I can see a program that means tests for loan forgiveness, but wealthy doctors aren't going to cut it. If you don't happen to see that amount of money as wealthy, you have no concept of the income distribution in this country. Many people struggle to pay for housing, yet you want them to subsidize the upper 5%-1%.