So what in the sam hill is he going to do? Forgive the loans?So, will the taxpayers be left holding the bag?
The students(taxpayers) will be the ones holding the bag with all that debt ,they will not get off free
“The students(taxpayers) will be the ones holding the bag with all that debt ,they will not get off free”
The problem is that to pay their obligations they are going to be helped by other taxpayers, including those who did not attend university - thus minimizing their personal burden. So many of these student loaners-with-worthless-degrees get to keep their degree and have their burden put on the backs of others. They should be forced to forfeit their degrees in lieu of having the fed govt write them off. It make it a crime to claim one earned a degree that has been forfeited.