Reply to Does anyone else owe a TON in student loans?

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[quote=Anonymous][quote=Anonymous]PP, the IBR program is not specifically for government attorneys. The program is for public interest work. It would be impossible to review every public sector job to determine whether it is worthy of loan forgiveness.  Pres Obama definitely supports public interest work.  This includes teachers and nonprofits.

FYI, some senators believe the forgiveness should occur after 5 years instead of ten. The county is moving towards more support for indebted students, not less.

At least the IBR program helps grads who are working.  How many government dollars go towards those who never work?[/quote]

The American taxpayer here again.  I agree with the use of IBR student loan-forgiveness programs to assist public school teachers, social workers, non-profit employees dedicated to the work of the underprivileged, but that is about it.

When I hear about attorneys gainfully, profitably and prestigiously employed by the federal government (in a position that probably 12 other underemployed or unemployed attorneys would love to have), using IBR to have their loans forgiven in 10 years, much less 5, I wonder.  What about the middle-American parent working a factory job, or in local government, or at a small business -- earning 1/4 of what a federal government attorney ends, also raising a family, paying a mortgage or rent, and saddled with student debt themselves?  Why shouldn't we use the federal funds to help those women and men instead?

I think that we are helping already (relatively) privileged federal attorneys to buy that house in Cleveland Park, Vienna, or Bethesda a few years earlier, fully fund their every need, and otherwise contribute to the affluence of the Washington, DC area, while the rset of the country is expected to fend for itself.[/quote]

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