Program to Relieve Student Debt Proves Unforgiving

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More than 73,000 people have applied for debt forgiveness this year, according to Education Department data, but just 864 have had their loans erased.

When Bonnie Svitavsky first heard about the Public Service Loan Forgiveness program, she thought she had finally found a way out of the large debt she had taken on to become a public librarian.

Congress created the program in 2007 with people like her in mind. The goal was to lure people into professions like teaching, nursing or public-interest law, where pricey degrees are the ticket of entry but wages typically aren’t high enough to pay them off.

Source: Education Headlines (educationheadlines.net)

 

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Student Loans without BK right is slavery or at least surfdom!IngrahamAngle trish_regan marklevinshow realDonaldTrump marklevinshow MariaBartiromo LouDobbs cvpayne Varneyco

What agreement or treaty has America not broken lately. Lying Trumpcocksuckers! Capitalism is wage slavery.

Why should you have your loan erased?!?

Maybe I should apply to get my mortgage 'forgiven'

Debt sucks. Don’t get in debt.

As it should.

Why should one have student loans forgiven?

A perfect example of you can’t let the government take over the private sector (AKA Socialism). 10 years later were trying to fix a problem that shouldn’t have started

'just' ... How many should it be? Did these people sign contracts?

Awwww you have to pay what you owe......waaaaaa

Public librarian. Why do you need a double masters for this job. 100k loan really nuts

Can I get a little help with my house mortgage?

that's because student loans became Wall Street fodder with loans managed by companies that resist anything that lowers their profiteering: loan forgiveness, loan bundled into lower rates

There should be NO loan forgiveness for anyone. If billionaires want to donate to students for debt cancellation, that should be applauded. Other than that, pay up! Your helping hand is at the end of your arm!

There's this neat trick everyone can use to get relief from their student debt. Pay it off.

Who promised them they wouldn’t have to pay it back when they took the loan?

It’s a bailout for garbage liberal arts academia - hate cults!

Pick schools and degrees you can afford.

The education department needs to respond. It is important future students and their parents are not discourage from investing it in a higher education.

They didn’t kbow they would have to pay it back?

Yay big govt! Junk laws nobody can even figure out. Even when trying to accomplish something useful, they bring nought but wreckage.

pay your bills

You borrowed the money, you new the deal, you got the education you wanted... PAY IT BACK.... I don't care if your choice of major was for shit... not my problem... if you get yours relieved why shouldn't I get mine reimbursed Your generation is WEAK AS WATER

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