If you were stupid enough to get into debt for an increasingly worthless certification then maybe you ought to suffer a little. If we forgive all your debts, then that totally disses people like me who didn't attend university because we saw it clearly for the worthless debt trap it is.
Are you kidding me? Forgive student loans. I would like my mortgage forgave and still walk off with the property and if I only had to pay the interest on both properties at 10% that would be $180.00 per month, and if I could do that I wouldn't be driving a 15year old car, I could take that much needed vacation. If I have to pay my loans then so should everyone else. I don't think the rest of America should be punished because someone else took out a student loan.
Until the government jails the bankster's & brings back those 11 million jobs that have been lost in the last decade, end the fed, end the money junkie system of compound interest, then student will gladly pay their loans. Until then, they are not obligated to pay shit.
Ahh yes! The me generation! Take out a loan and be shocked they have to pay it back! Now they expect the responsible people to pay it back! Whats wrong with giving up your social life for awile and working as needed to honor your obligations? No one owes you shit! Get your damn soccer moms to pay it! Not us!
@le238man My father's generation could afford to pay for an entire year at university, INCLUDING ROOM AND BOARD (!!!) with only a summer job! Give me a break! The situation these days is totally different.
@Chunes3 Your right! Today's society is damn sure different! The word "Cant" has been permanently ingrained in them! Again! You took out the damn loan, You pay it back and quit looking for a handout you friggen loser.
Now, the U.S. is chock full of people with bachelor degrees who can't find a job. And the "C" and "D" average graduate are the one's most likely to default. These "C" and "D" average students are also becoming the majority among degree holders.
These "C" and "D" average students are graduating thinking they are automatically entitled to success because they have an expensive piece of paper (diploma). And we all know it doesn't always work that way. Many college will allow these "C" and "D" average students in because they want that delicious student loan money.
This is why Student Loans are near impossible to discharge. It's like a tax because it is one. The government and companies like Sallie Mae are hedging their bets that since you decided to go to college, you will work hard at being successful by paying the loan. The PROBLEM is that a lot of people who shouldn't be even near a college, are graduating with degrees.
Everyone knows the rich either can pay their student loans in full or don't need to take one out in the first place. It is the middle class and middle class wannabees (working class), who will view paying an exorbitant student loan as one of the rungs in the ladder of success.
Forgiving student loan debt is tantamount to forgiving jumbo mortage loans. Why would you target a government program directly at the upper classes. Why forgive tens and thousands of dollars in debt for those who were fortunate enough to go to college and do nothing for those who could not get in?
What people need to keep in mind is that bailing out the average person/student would be a proactive measure to allow a young workforce to create wealth for the nation.
But, the fascist federal government in not in the business of doing what is good for America. And the politicians/corporation's are subservient to their banking masters. Debt for them is the source of their wealth and power.
The Government needs to bailout ALL student loans going back 15 years or so.
If you were stupid enough to get into debt for an increasingly worthless certification then maybe you ought to suffer a little. If we forgive all your debts, then that totally disses people like me who didn't attend university because we saw it clearly for the worthless debt trap it is.
Chunes3 4 months ago
Are you kidding me? Forgive student loans. I would like my mortgage forgave and still walk off with the property and if I only had to pay the interest on both properties at 10% that would be $180.00 per month, and if I could do that I wouldn't be driving a 15year old car, I could take that much needed vacation. If I have to pay my loans then so should everyone else. I don't think the rest of America should be punished because someone else took out a student loan.
karalinev1 5 months ago
I already struggled through my years and paid my loans.
If students get debt forgiveness can I get my money back too?
If not, then I will fight against this. It is totally unfair.
SuperBlobsterMan 5 months ago
Screw that !
I worked and payed my 30 grand in student loans. I drove an old car and lived in a small apartment for the first 7 years after school.
Will the government give me a refund on the loans I payed ! Not fair ! Not fair !
SuperBlobsterMan 5 months ago
No "job-ie", no "pay-ie."
Until the government jails the bankster's & brings back those 11 million jobs that have been lost in the last decade, end the fed, end the money junkie system of compound interest, then student will gladly pay their loans. Until then, they are not obligated to pay shit.
ThePatriotMuckraker 7 months ago
Ahh yes! The me generation! Take out a loan and be shocked they have to pay it back! Now they expect the responsible people to pay it back! Whats wrong with giving up your social life for awile and working as needed to honor your obligations? No one owes you shit! Get your damn soccer moms to pay it! Not us!
le238man 1 year ago
@le238man My father's generation could afford to pay for an entire year at university, INCLUDING ROOM AND BOARD (!!!) with only a summer job! Give me a break! The situation these days is totally different.
Chunes3 4 months ago
@Chunes3 Your right! Today's society is damn sure different! The word "Cant" has been permanently ingrained in them! Again! You took out the damn loan, You pay it back and quit looking for a handout you friggen loser.
le238man 4 months ago
Actually the student loans should be made directly with China. Cut out the middle man, the U.S. government, from taking it's cut.
fckyouobama 1 year ago
The system is breaking because there are too many college graduates who should have opted for trade school or the army in the first place.
Student Loan high interest and penalties are a stealth MIDDLE CLASS TAX.
vanorenstein 1 year ago 2
Now, the U.S. is chock full of people with bachelor degrees who can't find a job. And the "C" and "D" average graduate are the one's most likely to default. These "C" and "D" average students are also becoming the majority among degree holders.
vanorenstein 1 year ago
These "C" and "D" average students are graduating thinking they are automatically entitled to success because they have an expensive piece of paper (diploma). And we all know it doesn't always work that way. Many college will allow these "C" and "D" average students in because they want that delicious student loan money.
vanorenstein 1 year ago
This is why Student Loans are near impossible to discharge. It's like a tax because it is one. The government and companies like Sallie Mae are hedging their bets that since you decided to go to college, you will work hard at being successful by paying the loan. The PROBLEM is that a lot of people who shouldn't be even near a college, are graduating with degrees.
vanorenstein 1 year ago
Everyone knows the rich either can pay their student loans in full or don't need to take one out in the first place. It is the middle class and middle class wannabees (working class), who will view paying an exorbitant student loan as one of the rungs in the ladder of success.
vanorenstein 1 year ago
Comment removed
vanorenstein 1 year ago
They can't forgive student debt. Because unbeknown to borrowers, the high interest and penalties are a stealth MIDDLE CLASS TAX. I will explain:
vanorenstein 1 year ago
Did she say the porn industry was bailed out.
I must say, if this is true.........money well spent.
robert21256 1 year ago
Forgiving student loan debt is tantamount to forgiving jumbo mortage loans. Why would you target a government program directly at the upper classes. Why forgive tens and thousands of dollars in debt for those who were fortunate enough to go to college and do nothing for those who could not get in?
meadbert 2 years ago
why can't we pay our kids to go to college like some countries do?
stargazntreki 2 years ago
Shawn 0 income 550 student loans
if shawn could get a job he would pay some bills.
Forgive student loans now not in years, or change back the laws that you changed right before the country fell off a cliff and let us bankrupt them.
sdotshawn 2 years ago
What people need to keep in mind is that bailing out the average person/student would be a proactive measure to allow a young workforce to create wealth for the nation.
But, the fascist federal government in not in the business of doing what is good for America. And the politicians/corporation's are subservient to their banking masters. Debt for them is the source of their wealth and power.
The Government needs to bailout ALL student loans going back 15 years or so.
biped19 2 years ago
This has been flagged as spam show
If you have facebook, there is a group with 200+ thousand members called: "Cancel Student Loan Debt to Stimulate the Economy"
There is also a petition which you can find there.
demossmd 2 years ago
If America does not fix the student loan issue,this country will be last in almost every specialized field.
KevZen2000 2 years ago 5