Forgive Student Loans?

#4
#4
I more than likely agree that getting rid of student loans will be the next "stimulus". I've been saying it for awhile.
 
#6
#6
it's not about vote buying, it's about telling a whole generation that they aren't responsible for their debt. Both parties currently agree with this
 
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#9
#9
Dang - I had to pay off my student loans and my wife's student loans. Maybe if I could have just stalled for a few more years............

In reality - I think that the better route may be to make student loans subject to bankruptcy. That may be better than just forgiveness.
 
#10
#10
Professor Nono said:
Dang - I had to pay off my student loans and my wife's student loans. Maybe if I could have just stalled for a few more years............

In reality - I think that the better route may be to make student loans subject to bankruptcy. That may be better than just forgiveness.
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How bout not have the loans to begin with?
 
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#12
#12
(1) Government subsidizes higher education.
(2) Colleges raise tuition annually.
(3) Students defer payment if higher tuition by taking out student loans.
(4) When the economy is good, grads get jobs so no worries. When the economy is bad, grads don't get jobs...
(5) Proposed solution? Ask the government (read: taxpayers) to pay for a problem created by the government.
 
#17
#17
Did they have student loans in 1958? Nope and my father got a college degree!

So we dont need them!
 
#18
#18
bamawriter said:
Then we should stop every method of lending immediately. No more mortgages, auto loans, business loans, etc.
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You have to show that you are able to pay back home loan and now most of the time have 10 or 20%+ down.

Cant compare the two
 
#20
#20
volmaverick said:
Did they have student loans in 1958? Nope and my father got a college degree!

So we dont need them!
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Federal student loans were first offered in 1958.

But lenders have been offering private loans for the purpose of higher education for almost two centuries.
 
#23
#23
volmaverick said:
True

But a 20 year old with no job or beacon score can get 75k plus in student loans

that same 20 year old couldn't get a loan to buy a mini barn from Lowes
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Even though you have a different solution, you are joining Obama and Co. in focusing on the wrong problem.

The problem is not that people are getting huge student loans. Rather, it is that higher education has become way too expensive.
 
#24
#24
volmaverick said:
True

But a 20 year old with no job or beacon score can get 75k plus in student loans

that same 20 year old couldn't get a loan to buy a mini barn from Lowes
Click to expand...

What about us 21 year olds who work 2 jobs while being a full time student and have a better credit score than 90% of Americans?
 
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