sure... the minute they are paid in full!
Posted on 05/30/2013 4:36:15 PM PDT by Rio
Do you think student loans should be forgiven, especially if a student makes a good-faith effort to repay them, but can't find work in their field?Local paper in Klamath Falls, Oregon
Negative!!!!!!
Um, heck no?
Why?!? The IRS should collect them just like, and when they collect Income Taxes.
The reason I think they should be forgiven is because all they serve to do is pay inflated salaries to idiot “professors” who sit on their loony asses pontificating
Students are constantly encouraged to take majors with little or no future growth! Schools just feed department growth and retention, not caring about the student...Just their money!
Unreal. The only way I would accept this is if the college is required to indemnify the taxpayers plus interest when the loan is forgiven.
sure... the minute they are paid in full!
No.
I just pulled out a mortgage calculator and entered some figures, at 6.75% per annum. To pay it off within 10 years, you’d have to pay about $1050/month
Even at a minimal wage, and living at his parents house for a few years, if you work 60 hours a week or more, you can get a loan of $100,000 paid off within ten years.
What we should be fighting for is to get the educational system to lower its costs. Educators and administrators should not be able to retire as millionaires.
Hell, no! I paid mine off on time. I took on the debt and the responsibility for it, and I satisfied that obligation.
What should also be done is allow students to routinely pay down the principle faster than the loan agreement requires, so they don’t pay so much interest at the end.
they come from no where, just pay for school
A college professor should make about 40K. The chancellor can make 65K.
Let the borrower beware!
Exactly, student loans are a scam to force taxpayers to subsidize the high salaries at colleges and universities.
No. They should be assumed by George Soros.
If they do forgive the loans, make it retroactive to include every student loan that was ever made. This would also refund the money to those who paid theirs off.
Or just open it up to the free market. If a professor is worth $200,000/year to the university, because he brings in students or research grants, more power to him.
I won’t hire anyone who had their student loans forgiven. Make a promise, keep a promise....can’t do that, why should I hire you?
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