Quote:
Originally Posted by Giantone
Asking a question here, What is the general opinion on Student Loan Debt around here?
|
I believe some debt should be relieved. Did anyone make me go to college? Of course not. But for years we've been led to believe that if you didn't pursue a higher education, your future earning potential was going to pale in comparison to someone who did go. So I got an MBA and piled up some nice debt. Granted it's a very low interest loan but still, it goes back to the question of why education costs so damn much to start with.
I think we need more loan forgiveness programs. As a federal worker I've applied for some and the hoops you have to jump through are insane. I was denied a few years ago because I didn't have the right type of loans, but just recently I got an email saying I should apply again and now I can consolidate into a qualifying loan to get approved. If I'm approved and I've had 10 years of repayment status (I have) I can get my debt wiped out after 10 years of civil service. I'd be two years away from that. Fingers crossed since it's the only debt I have.