Over on Twitter, a new hashtag campaign spurred by none other than 2020 Democratic contender Elizabeth Warren is making the rounds.
It’s mind-numbingly dubbed #CancelMyDebt, and primarily features an avalanche of younger Americans – mostly Millennials and Gen Z-ers – complaining about their student loan problems, blaming others for their interest rates and demanding that taxpayers – you guessed it – cancel their debt.
That they voluntarily took out for an optional degree they don’t plan to return.
And the amount of “woe-is-me” grouching is staggering. Here are just a few folks who think willingly signing up for an expensive college or post-grad degree is tantamount to being forced into indentured servitude at the point of a gun – and even a few who claim they’re being unfairly “forced” to pay interest on a debt they freely took on.
Someone who doesn’t want you to focus on their whining:
I make $600 payments every month and my student loan debt has only decreased by 2k in 2yrs... #CancelMyDebt is less about us whining about owing money we borrowed, and more about pointing out that having interest rates on student loans is financially crippling and needs to stop.— Jessaca Willis_Author (@jessacawillis) May 22, 2019
This law student-turned-political candidate who doesn’t understand how interest works:
I borrowed $180K to go to law school:— Qasim Rashid, Esq. (@QasimRashid) May 22, 2019
•After 7 years of never missing a single payment—my law school debt is now $200K😳
•Students are forced to take high debt & borrow at 7-8%😑
•I’m running for office to fight this injustice https://t.co/n1PpDHefwa #CancelMyDebt https://t.co/OPisFIfXqE
This person who should probably have spent more time in that expensive English class:
Doesnt mean the new generations can??— 🙊🙈🙉 (@Scarelett013) May 22, 2019
17 hrs is what we would have to work in order to pay our debt by ourselves!!
Then a job straight out of college isnt guaranteed. But were expected to study what makes money be what we enjoy in order to achieve financial stability.
Someone who took out $60,000 to get a notoriously low-paying job:
I borrowed $60K. I paid back $35K. I now owe $78K. I’m on an income based repayment plan. Never missed a payment. I’m a public school teacher. Public service loan forgiveness is not guaranteed. My interest rate is 7%. #CancelMyDebt— Paul DeNovi (@PDenovi) May 22, 2019
These people who took out $200,000 for the same reason:
Two deaf adults, no children, no other debt, stuck in low-salary jobs with no raises ever, no retirement savings, and nearly $200K in debt for degrees we will never be able to use. We will never be able to retire, and will die in debt. #CancelMyDebt— David S. Evans (@DavidSEvans29) May 22, 2019
This person who can barely make $100 a month in loan payments, but somehow has enough to donate to a politician’s campaign:
With my student loans canceled, I could put that 100/M into a retirement savings. I currently have $0 saved for retirement, so Im literally taking on a 2nd job, part time, to save for the future...I start that 2nd job June 2nd, wish me luck! #CancelMyDebt Also, I just donated 2 U— Rich Kearney (@FWard46870487) May 22, 2019
This person who thinks optional student loans are basically slavery:
#CancelMyDebt It must be nice living in #Socialist countries where this isn't even an issue. The American system is geared towards slavery. You need college to get a job and then need your job to pay off your debt. This is why other industrial nations are ahead of the US.— Stephen Sipila (@StephenSipila) May 22, 2019
Interestingly, not a single person telling their “story” under this hashtag includes the time and place in which the bank and/or government held a gun to their head and demanded they take out $150,000 for their underwater basket-weaving degree.