Dear Senator Warren (part 2)

Please stop tweeting (I have other things to write about) But- I noticed your plan to forgive student debt. Can you also forgive the money I spent buying energy stocks that are down 50% since April?

Sure. I made a bad decision and didn’t look at the EV (like taking a political science degree for $70,000/year and expecting to pay off the loan working at Whole Foods). But I’ve learned my lesson. Can you forgive me?

Or- can we realize that a college degree is not the only path. Take a trade; start a business; work in service. Maybe HS should be teaching classes in finances, getting a job, starting a business and buying things you can’t afford.

Kids thinking about College should have a view of what job they will get, what their cost of living will be and what chance they have to pay off their degree and ADJUST! I wrote in a past # that my planner ran a cost model for my two sons to go to College- and it was expected to be $780,000! So we are considering other avenues for their careers.

A forgiveness plan does not incent better choices. Instead, fix the problem of tuition inflation; of HS education; of access to vocation schools but do not forgive bad investment decisions. Otherwise I’ll tell you what I paid for my house in ‘08.

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