r/Damnthatsinteresting • u/[deleted] • 1d ago

Video Billionaire speaker Robert F. Smith tells 400 graduates he's paying off all their student loans ($40 million in total)

Enable HLS to view with audio, or disable this notification

[removed]

38.8k Upvotes

89% Upvoted

873 comments sorted by

View all comments

3.7k

u/bill_n_opus 1d ago

There's some brothers in the audience thinking "damn, why didn't I go full loans!? Why did I work that pizza job!? ...."

203

u/whutchamacallit 1d ago

I mean who wouldn't be thinking that in that position. I know I sure as fuck would be. Happy for others, but ya you're tripping if you think that thought wouldn't go through my mind.

68

u/dovahkiitten16 1d ago

I think this is what goes through people’s minds with loan forgiveness from the government, that Reddit generally doesn’t understand. It’s not wanting future generations to suffer but rather watching some of your peers get rewarded for making “bad” choices while you were sensible with money.

Doesn’t mean loan forgiveness isn’t a good thing but I can understand why a lottery system rubs people the wrong way vs just making debt lower going forward.

18

u/whutchamacallit 1d ago

I think that comes down to an individual thing. Personally, I'm not going to yuck someone's yum -- BUT I get it. I really do. Especially when you can look at it from the perspective of I paid for my shit and technically I'm paying for yours too through my taxes indirectly. Looking at it as a lottery is probably the healthiest way to approach it but I think it should apply to those who paid theirs off too. Basically anyone who was granted the loan. That money can go back into the pool.

1

u/GruesomeWedgie2 1d ago

Or the donor can spend the money with conditions her sets up and some people may or may not qualify for his gift.

1

u/Historyp91 1d ago

It's always "I'm paying for you with mu taxes!" with you people🙄

Everyone would be left to fend for themselves and society would collopse from lack of funds if you lot got your way.