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 Student Loan 'Forgiveness'?
Don24mac 456 posts, incept 2007-11-26
2022-04-30 12:41:05

The government should never have got into the private loan business in the first place. And all three of your ideas are absolutely what should take place to get those involved to take some responsibility in taking such loans. After all, for the rest of their life theyll be responsible for any loans taken (supposedly). Schools of higher learning are supposed to teach you, in addition to the subject at hand, about responsibility and life after graduation. Are you not required to take any math courses prior to graduation these days?

However, like usual I can not see them doing the right thing and taking the correct steps to resolve the issue. It actually will make things worse, because now these people will just figure any excess debt they acquire will simply be waived at some future date. After all, schools are for learning. And this is one thing that will be learned.

One question that hasnt been answered anywhere is where the cut off for the Forgiveness would be placed. Graduation plus one year... five years... or twenty years after? If they make any cutoff date, there will be those that fall out of that specific time period. Will they sue because they have excessive student debt also?

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"..it does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds.." --Samuel Adams
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