Some school went under and we are paying for it

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  • dryheat
    Senior Member
    • Sep 2009
    • 10587

    #1

    Some school went under and we are paying for it

    The decision, which Vice President Kamala Harris will discuss publicly on Thursday, will result in $5.8 billion in loan forgiveness for 560,000 borrowers, the largest single such move ever made by the department, department officials said.-

    If you make a bad decision isn't that your fault?

    That would be the department of education. What did we learn? You don't have to pay your bills.
    If I should die before I wake...great,a little more sleep.
  • Allen
    Moderator
    • Sep 2009
    • 10583

    #2
    What about those of us who took out student loans and paid them off like we were suppose to. Shouldn't we be reimbursed as well plus interest?

    Why is loan forgiveness the expense of the taxpayers and banks? Shouldn't the college's join in of this BS as well?

    I see no reason why any student loan can not be paid off by the borrower. The % rate is low, you don't begin payments till several months after leaving school and the payment plans stretch over years. I could see giving the borrowers more time, cut the % even further but just to wipe the slate clean? No.

    What's next, loan forgiveness for auto's, CC's and mortgages?

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    • Johnny P
      Senior Member
      • Aug 2009
      • 6260

      #3
      The payback will be all those Advertising, Ethnic & Civilization Studies, and Anthropology degrees hitting the street.

      Comment

      • Roadkingtrax
        Senior Member
        • Feb 2010
        • 7835

        #4
        Who's getting hurt?

        Yelling at clouds.
        "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

        Comment

        • dogtag
          Senior Member
          • Sep 2009
          • 14985

          #5
          Just more vote buying with our money.

          Comment

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