Reply to What is going on with student loans?

Forum Index » Political Discussion

Reply to "What is going on with student loans?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I don't have any undergraduate debt because my parents were in a financial position to pay for my undergrad.  I was in debt of about $50k after law school, but that was because of a merit scholarship, parental assistance, and my prominent firm was one of the few that hired 1L students and i was one of the few they hired.

I paid my law school debt off in less that 3 years - but that's also b/c I used discretionary income elsewhere.  I could have paid if off faster.

As far as Biden's 'debt cancellation' move - I don't mind it but I don't love it just b/c I think the structure is regressive.

Rather than using a $10k across the board fig leaf, I would have rather he focussed on the portion of debt holders who had been years out of school and had a relatively low income (the population I'm thinking off is well meaning people who racked up debt on degrees they didn't complete and years later are carrying the debt while not getting the income post of a college degree).

I have no problem if my tax dollars are spent clearing the student debt of other people - but I just wish it was more targeted on people who are carrying debt and are trapped in relatively low income jobs.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics