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PAW
User Rank
Iron
Loan Forgiveness
PAW   12/7/2011 9:51:16 AM
NO RATINGS
I think it is ridiculous that there is an effort to have all student loans forgiven.  Maybe instead of getting loans, they should have gone to a less expensive school or worked for awhile to save money.  Too many of these students think they have a right to higher education and that everyone else should pay for it. 

PredictableChaos
User Rank
Platinum
Why you need to get out of Student Loans
PredictableChaos   12/7/2011 9:23:51 AM
NO RATINGS
Joey.

Before anyone thinks of stopping payment, have them take a look at this student-loan-infographic.  It shows why student loans may not be as fair and benevolent as your college counselors thought.

I think the topic is ripe for some voter-friendly reforms.

ProfR
User Rank
Platinum
Debt is debt
ProfR   12/7/2011 8:45:43 AM
NO RATINGS
I think student loans are definitely a problem for some grads. However, College should not be free because you do gain skills, access to good jobs and mature in the process. But part of the student loan issue is wrapped around our society and the way we think about debt. When you get debt, you need to know how to pay this off -- it does not go away.  

Before they go to college, students and their parents should look at how much debt they are going to have when they get out versus what kinds of jobs they may get when they graduate. They need to make sure they are willing to take on this obligation.

tokyogai
User Rank
Platinum
Doing the right thing
tokyogai   12/7/2011 8:25:04 AM
NO RATINGS
Although you sometimes get punished for doing the right thing, it works out more often than not. I would assume that at least the majority of people making commitments to pay back their loans would honor that commitment- after all, they didn't have to go on and get hiogher education. While the costs certainly are a problem. trying to create another problem by not honoring commitments made just doesn't seem to be the best answer. Kudos to you.

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