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Reply to "any cons in suspended student loans debt? "
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[quote=Anonymous]I am 100% against ANY forgiveness UNTIL we solve the issue going forward. There is absolutely no point in wiping the slate clean just to find ourselves back in the same exact spot in a few years. Its like paying off the credit card debt of someone but not cutting up their credit cards. I personally think the government should stop back stopping the loans. The lenders should have to qualify borrowers based upon their own criteria and if the person doesn't qualify then they don't. They can improve their credit score and try again later, just like buying a house or a car. The reason we are in this situation is that lenders will give a loan to anyone because the federal government is insuring the loan. Hogwash. [/quote]
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