You’ve stumbled into first-hand knowledge of how some people are responding to this life-changing debt forgiveness program, writes Amy Dickinson.
Dear Amy: I belong to a group of nine women who are all retired teachers of various ages. We have met monthly for 35 years.
At our last meeting I announced, very proudly, that my daughter received loan forgiveness of $52,000.My daughter has two master’s degrees and has been working with children for 20 years. She has paid promptly on her loans for 10 years now, and this debt forgiveness is truly a blessing.All but one person , expressed their opinions about the loan forgiveness program and how they were against their tax dollars helping my daughter.It is still raw.
People enjoying their own retirement did not experience the crushing debt that many younger people have landed in, in order to fund their education. Younger generations will likely not have company pension plans and cannot necessarily count on Social Security as their retirement safety net.You can heal from this by accepting the limitations of the people in your group. You’ve uncovered an indelicate side to them, but this reaction was not personal – to you or your daughter. They likely would have expressed the same to a stranger at the supermarket.About a year ago, I had breakfast with a friend of mine, “Pat.
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