Candidates Want to Wipe Student Loan Dept: Is it a Good Idea?

Heck yeah or, atleast chop it down to a reasonable base.

Most of use have no problem paying it back. The problem is the amounts are outrageous.

If I owe 50 bands, chop me down to 15k. Uncle Sam will get his money. Just give me a decent vantage point.
 
ninjahood said:
so we as da tax payer gotta bail out da fact that you picked a crappy major that has no actual market value in terms of job demand >D
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We as tax payers gotta pay for STADIUMS, and other silly municipal entities (which hey, corrupt city officials steal a chunk of, to buy yachts and fund vacations) that are worthless?

Hey, maybe they should’ve chose better careers too
 
I wouldn't benefit at this point, but I don't really care. Main agenda should be tackling how schools are charging exuberant amounts for an education. I take my Master's program online, yet I still have to pay fees for facilities I don't go to. I even get charged lab fees for classes when all thats required is me typing **** on my computer.
 
yeah I don't benefit but I remember coming out during the recession...luckily I had a scholarship but if I didn't and had to pay with the job market the way it was at the time (and its now)...yeah i'd be irate.
 
silkboi said:
I wouldn't benefit at this point, but I don't really care. Main agenda should be tackling how schools are charging exuberant amounts for an education. I take my Master's program online, yet I still have to pay fees for facilities I don't go to. I even get charged lab fees for classes when all thats required is me typing **** on my computer.
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The government needs to stop backing these loans so schools will no longer be able to get away with charging exorbitant tuition.
 
So wait a minute & correct me if I'm wrong but if they're forgiving students loans does that mean going to college will technically be free? Or is it just for people that have a certain amount of debt currently?
 
I’m against it for a few reasons. It would likely be a one time deal so there would need to be a change to the student loan process to help future students who likely wouldn’t get the same opportunity since they weren’t in the right place at the right time. Some type of reimbursement would be needed for those who paid theirs off already or it sets an extremely poor precedent to anyone who paid their debts despite them being a burden on them which minimized their quality of life.

However I’d be open to some type of program where they do volunteer work, community service, mentoring kids, coaching in youth leagues, tutoring students, helping senior citizens etc to pay down that debt. Include some mandatory budgeting program to try and prevent them from d ending up in other forms of debt.

Once they complete a certain amount of hours depending on what they owe, it’s wiped clean. Make it realistic and manageable to where it can be done in a way that works around work schedules.
 
youngbillrussel said:
So wait a minute & correct me if I'm wrong but if they're forgiving students loans does that mean going to college will technically be free? Or is it just for people that have a certain amount of debt currently?
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They’ve realized that these exorbitant student loan fees, coupled with wage stagnation and cost of living increase is “bad” for the economy. Yeah, people may technically have money but they don’t have liquid money.

It would serve the government better, if they cleared some of this student loan debt. They’re basically screwing themselves, the populous, and the economy.

I never understood how the economy is in such a a good “place” yet, student loan debt is at its highest, and wages are the same. That’s a bold face lie.
 
Don't like it. Change the school and college system so that they don't charge these crazy *** prices.
 
frshstunna said:
Still crazy that a large part of the country still don’t understand this...they WANT to pay straight outta pocket while we already getting taxed like it’s a source of pride or something :lol: :smh:

Ppl should never see a bill for healthcare, education or child care
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Unfortunately propaganda works. The GOP just has to cry about everything being "socialism" and its supporters fall in line. Conservatives stay voting against their own self interest.
 
boris said:
Unfortunately propaganda works. The GOP just has to cry about everything being "socialism" and its supporters fall in line. Conservatives stay voting against their own self interest.
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They scream everything is socialism while we don’t even have pure capitalism either ...the powers at be been doing at great job at keeping ppl dumb and misinformed
 
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