The Next Massive Bailout: Student Loans

[CTTC]

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@Chesterton

Go work for some federal, state, or local government entity or some IRS-designated 501(c)3, and the government will forgive your student loans. The government knows how to take care of its own. The only people who qualify for whom I don’t begrudge them the loan forgiveness are those in the military - because education is absolutely needed when time to transition from the military to civilian life, and because we pay our military a pittance and very few get any of the perks that other public employees do. But other than that, those who choose to work in public service get the salaries they expect (and they know in advance for the next ten pay steps, what their automatically raised salary will be, regardless of their performance), and they get generous retirement packages, and more holidays than anyone else. If you are a cigarette-smoking public employee, then life is even grander, with all of the smoke breaks on a given work day…My own short stint working for state government taught me many things, but none more important than the three words most important words to any public employee: Friday, holiday, and payday.

So true! And now that health insurance is changing so much, there needs to be a real eyeball to the absurdly cheap (to the employee) health insurance plans of public servants. On another thread a beneficiary of such a plan brays about their fabulous (and fabulously cheap) health insurance. There is no reason the taxpayers should have to subsidize these insurance plans to the extent that they do. Costs will be going up, and the public employees should share in these increases. </p>