Quote:
Originally Posted by Bucco
Seems to be a built in knee jerk reaction on here to any facts, if they are not applauding.......I posted but was deleted because anything factual seems to be taboo.
Anyway, anyone interested in the birth of the student loan "forgiveness" etc., PLEASE read and learn the history and adjustments made to this plan that allows 60% of ALL college students to matriculate at higher learning institutions.
Student loans in the United States - Wikipedia
Public Service Loan Forgiveness (PSLF - Wikipedia)
To say that the student loan program is a "scam" is scandalous in itself. It may need work and your critique should be taken up with our current government to do the WORK required.
Right now, it is scheduled to be totally done away in a manner but as we all know it is not that cut and dry, but before calling it a "scam".
Ted CruZ, Marco Rubio are two examples of folks who used student loans.
To submit this opportunity as a "scam" is just wrong. BETTER to criticize instead of WORKING to fix a beneficial program for our country.
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Please note that no where in my comments do I refer to the student loans as a scam. My commentary is aimed at those who applied for and received loans, understanding their commitment/obligation to repay. Then, too many try to cry lack of affordability for having such an obligation and the beginning of their lives.
We all knew the financial obligation being undertaken when applying....no excuse for forgiving the loans....a bad practice from politicians working on building up a following!!
As in my original commentary, none of the above infers a scam.