Quote:
Originally Posted by Guest
My daughter finally obtained her Bachelor degree and Masters in her early 30s having used student loans. She served in the Peace Corps making no money except for living expenses while the interest on her loans kept piling up. She now works for a non-profit in NYC with under privledged kids in the juvenile justice system barely making enough to make rent. Yes, these are her choices and she feels a need to serve while those loans just keep growing with the interest piling up. If she could somehow figure out how to make even the minimum payments on her loan that payment would not even cover the interest accruing every month. I am not making excuses for her - I am saying there is another side to this student loan mess that most aren't aware of.
|
There is always a legitimate true need for examples like the above.
What I am against is the politicizing of the issue and an across the board forgiving of loans for the majority who are in fact living the good life because of their financed education and now feigning reasons why they cannot afford one thing or another.
The exceptions need strict guidelines that will not allow the unethical exploitations.