So what in the sam hill is he going to do? Forgive the loans?
So, will the taxpayers be left holding the bag? What’s another trillion or so dollars added to the national debt, or added to unfunded liabilities of government????
I don’t get this. We have encouraged student loan debt to accumulate, as we have had government involved in granting and subsidizing loan programs. There is evidence that college costs have increased so much, adjusted for inflation, precisely because these loans are out there to pay the freight.
Government does all it can to encourage student loan debt, then Obama comes along and declares that the student loan debt is a burden to the country.
OK, so what is the solution? For government to get out of the student loan business altogether? For government to just forgive these loans? I’m all ears.........
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
If the “students” don’t have to pay back their “loans”, someone else will
Guess who will now subsidize those Ivory Towers and other bastions and cesspools of liberal academia?
The academia- despised taxpayer, the guy whose kid joins the Army because he is a dumb chooch, the gal who aspires to fry burgers for $15 an hour for the next 20 years, the radical Tea Partier who deserves to be interned as Gitmo closes
aka “Ben Dover”
If he does student loan debt forgiveness, that means all those students got free college educations.
Must be nice.
“OK, so what is the solution? For government to get out of the student loan business altogether? For government to just forgive these loans? I’m all ears.........”
For my oldest it will be the GI Bill. It’s worked for decades but, I’m sure this is not what he has in mind.