A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.
The process which enables this was introduced during the Biden administration.
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.
The process which enables this was introduced during the Biden administration.
What society? Much of society does not benefit from any of that, and most of the part of society that does is the rich part. Hence why many people are totally on board with defunding educational institutions to which they would never have any access anyway.
I support free education, but my country doesn’t. I prefer the Canada/European model of education, but the USA doesn’t agree. We have a fundamentally different education system from start to finish and their model tracks students from an early age in a way the USA system does not. in Europe I would have never even been allowed to apply to university… in american I was able to go to an ivy league school on a 80% scholarship from a lower income community.
USA has a fundamentally different culture around education, which is more more deeply rooted than just the economics and politics of it all. Spend most of my life being harassed and maligned for being pro-learning and pro-scholarship. Hell here on lemmy having any scholarly neutrality towards the issues and topics being discussed gets you harassed and threatened, because it’s politics uber alles and and facts in and inconvenient truths that scholarship shows us get in the way of true belief.
Anyway, i have been through the american edu system. I did pretty well, and I paid back my debts. I didn’t regard it as horrible, undue, or terrible. I simple lived lean and prioritized it an got it done. Alas many people I have met don’t do this, and carry around their debt actively refusing to pay it back or piling it up. I’ve had girlfriends who told me it was my ‘duty’ to pay off their debt too, because you know, sexism and all that.
My taxes already help people. But I’m not really sure someone getting 150K of debt relief so they can teach elementary school for 40K a year is really a burden I should be paying. There are plenty of pathways to teaching that don’t require that massive amount of debt to be taken on. It’s not about punishment man, it’s about us collectively paying for other people’s stupid and selfish decisions.
Europe also has a totally different attitude towards medical care. One of the biggest issues with the USA system is that… we are so actively unhealthy. Americans choose unhealth and then blame society for their poor habits. Should we tax people based on how overweight they are? because that would actaully be a far and equitable way of distributing medical costs.
I’m a socialist who understands that socialism isn’t some free magical cure all to problems. It’s just a shifting of the burden and without providing the correct incentive structure it doesn’t really benefit anyone and punishes everyone.
Higher educated people 💯 benefit you personally and directly.
Universities 💯 directly benefit you personally and directly.
Who designs infrastructure ?
Who researches materials and designs to make safer cars, machines, houses?
Who does research on crop yields?
Who finds more effective treatments for health problems or early detection?
Who finds better materials to make things from?
Who who who ?
I don’t deny that the rich get first dibs on many things like medicine.
But mostly, everyone benefits from investing in tech and research.
You don’t know how to think like an uneducated person.
that is the step you are missing. and the fact there are more of them than the educated people.
uneducated people see none of those benefits. you as an educated person and voting for more educated people because you see their benefits.
uneducated people don’t see the world this way. they see educated people stealing and hoarding everything for themselves and fucking them over, which frankly, is basically what has happened the past 30 years. all the benefits of modern society are being kept by a small minority of wealthy well-educated folks, and the bottom 90% are seeing their quality of life plummet and their access to the fruits of modern life dwindle.
poor people working in the service industry aren’t benefiting from any of what you are talking about. they are getting shut out of any medical treatment, can’t afford new cars, can’t afford home improvements, higher quality foods, etc. all that stuff is for the rich people.
Middle class people haven’t fucked over the poor. The top 1% has.
And as someone who came from poverty, I’m aware that your mindset is shared by many.
They look at anyone doing a little better than they are and think “that seems unfair”.
Yeah. It is unfair.
But it’s not those middle people who are stealing and taking.
middle class people have fucked over the poor. systematically. middle class people hate the poor more than rich people do. they are the ones who are passing your local town laws that systematically prevent any/all development and trying to keep poor people from moving there by inflating property values and providing no jobs. they are the ones who complain about homeless people and think they shouldn’t exist.
I’m part of the middle class now, and grew up poor. Everyone around me now hates on poor people incessantly as if it’s there hobby. They love nothing more than to brag about how ‘educated’ and ‘successful’ they are and complain about how difficult their lives are because of evil poor people making them have to pay taxes. And if you dare suggest that maybe their ‘downgrade’ of a 3 series BMW from the 5 series they could get if they had less tax, is not that big a deal… they scream in your face what piece of shit asshole you are.
Oh and if they find out you grew up in poverty… they stop talking to you entirely. They don’t want your ‘poverty’ to be anywhere near them.
the middle class are people who do steal and take and are embittered that they can’t steal and take more, like the rich do. They are not people who say ‘i have enough and I am content’.
Dude. It’s the rich billionaire paying off people controlling the world. You can’t honestly believe people near the bottom are fucking over the people slightly below them.
It’s the billionaire who literally control everything.