We aren't really. I used them in college to pay my mom&pop landlord rent (2015ish), but that's it. Most people use venmo or other apps. I don't know any young person that writes checks unless it's to an old person or archaic business that can't figure out online payments

Nah I go to the library on the rare occasion I need to

You can buy options and other high-returning investments in them though. In this case he bought 1.7 million shares of paypal in 1999 for $1700

They all deserve each other

I used to have the same problem, here's what I do: break down after-tax pay into three categories- short term expenses/fun, medium term goals (new car, travel etc), and retirement. Decide percentages for each that make sense for your income and lifestyle. Right now I'm doing 50-25-25 respectively. That way you make sure your future goals are taken care of but you're also giving yourself permission to spend money on the present. Adjust those percentages until you're happy with the balance/results.

Those people would be paying for that blessing though, either through taxes or inflation. You don't understand how that might piss off someone who couldn't afford to go college or borrowed/paid back their loans responsibly?

Obviously the higher education system sucks and needs an overhaul. But the median balance is only around $20k. With 3+ years of no interest that should be more than manageable for most, if they actually prioritized it. Now I do support relief for those that fucked up royally and are drowning in 200k of loans for an art degree and a 40k income. They need a way out while our idiot government fixes this mess. But it should be based on DTI ratio- if you owe 30k and are an engineer making 90k, suck it up buttercup. We have a severe personal accountability crisis in this culture and this would exacerbate it even further.

College educated workers make more as a whole so you're basically asking poorer people to pay off a loan they didn't sign for so that someone else can have a higher income on the cheap.

I'm against blanket forgiveness because it would be a continuation of poorly thought out policies that got us here in the first place.

If the problem is fixed for future students first I’ll consider changing my stance. For now it appears to be nothing more than a carrot for political leverage.