sure... the minute they are paid in full!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
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.
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.
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?
43% of the people in Klamath need to just go over the Falls.
Nobody put a gun to their heads and forced them to sign. Truth is, to many kids pick a school like they are choosing a country club -- they want amenities, activities, parties, socializing...And a major sufficiently mindless so they have enough to time for the aforementioned things.
They give no thought to the bill, many of them, preferring to live the life-o'reilly while they can. Then the bill rolls in along with their useless degree and they have no job.
Naturally, being the soft irresponsible weaklings they are (if they had any sense to begin with, they wouldn't take out a loan they had no hope of repaying), they expect that "bro rules" will apply and its all good, the bill will be taken care of courtesy of...Us, the taxpayers!
Some Taxpayer is forced to fund the college education of some stranger just because the Government wants to buy the Yewt Vote (with YOUR money, of course).
The same crap is true of the Defaulted Mortgages, where you did what you had to do, and paid for your own home, and then the Government takes YOUR Tax money and pays someone else's mortgage with it.
People just do NOT understand that the Government HAS NO MONEY....it's Taxpayers' Earnings that are confiscated to buy votes, pay off political donors, or buy voting blocks with handouts.....that's the way it is in a Socialist Utopia that used to be America.
No!
When some Gen Yers get fiesty about Grandma being offed by the Death Panels, the progressives will offer up a nice helping of student loan forgiveness as salve....
Will I be able to get the amount I paid back refunded to me? Nope.
So, to answer your question....F**K NO!!!!
They went to college to get a degree in Woman’s Studies or Art History of SubSaharan Africa. Let ‘em find a job.
Well....mine should be.