In recent years, we’ve witnessed a striking double standard in the public’s reaction to various financial relief programs and societal issues. Whether it’s the quiet acceptance of PPP loan forgiveness or the deafening outrage over student loan forgiveness, the inconsistency is glaring. Let’s unpack these reactions and explore the underlying hypocrisy.
When PPP loans were forgiven, there was an eerie silence. Businesses, many of which were well-off, received substantial financial relief during the pandemic. Yet, where was the uproar? People stayed silent.
Similarly, when Supreme Court Justices had their debts mysteriously paid off and accepted extravagant gifts from wealthy individuals, the reaction was muted at best. No significant public outcry, no demands for accountability—just silence.
Billionaire sports team owners routinely lobby for public tax funds to build new stadiums. These are individuals with immense wealth, yet they seek taxpayer dollars for their ventures. Again, the public response? Silence, or at best, a low grumble.
Contrast this with the reaction to student loan forgiveness. When the idea of alleviating the burden on graduates is floated, the response is vitriolic. “OMFG, WTF, ARE YOU FUCKING KIDDING ME? THIS IS JUST INSANE!” The outrage is palpable, and the opposition fierce.
This disparity in reactions is baffling, especially considering the reality many graduates face. Misled by college advisors about the viability of their degrees, they enter a tough job market. Multi-round interviews that can stretch over weeks or months often end in rejection, while the relentless student loan bills keep coming. Even those who secure jobs find that salaries haven’t kept pace with inflation. Some graduates face health issues that leave them reliant on disability, further complicating their ability to repay loans.
It seems that wanting help for your fellow man or woman has become a controversial stance. The narrative pushed by some is that struggling is the only way and that any deviation from this path is wrong.
Critics often say, “No one forced you to go to college,” and “You took out a loan; you should repay it!” However, most jobs today require a college degree. Many capable individuals without degrees find their career advancement stymied despite their skills and hard work, simply because they lack that piece of paper.
And for those who argue that loans must be repaid, consider the double standard. Declaring bankruptcy or defaulting on loans is seen differently for corporations and the wealthy. Politicians and former pro athletes had their PPP loans forgiven without much fuss. But when it comes to student loans, forgiveness is seen as asking too much.
This hypocrisy reflects a broader issue in American society: the reluctance to support communal welfare. The “if it doesn’t affect me, I don’t care” and “if I suffered, you must suffer too” mentality is pervasive and damaging. We generate enough tax revenue from corporate and wealthy income taxes to fund public programs that benefit everyone. A stronger middle class is better for America than the current trajectory.
It’s time to rethink our priorities and support policies that genuinely help our fellow citizens. Let’s challenge the hypocrisy and strive for a society where everyone can thrive.