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College and University Discussion
Reply to "Student loan forgiveness "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Had a thought today as I was mapping out being able to afford undergrad [b]and grad school[/b] for the kids. What if we cover it all and student loans are forgiven ... would we be better off borrowing money and paying it off just in case? Anyone else pondered this? (And for full disclosure I would probably still pay because we can afford but for 2 kids undergrad and grad it’s easily about $500K we are talking about ...) [/quote] Why would graduate and professional school be forgiven? I am okay with [b]undergrad[/b] debt being forgiven but I'm not NOT okay forgiving all the debt that dentists, lawyers, surgeons, and MBAs took out.[/quote] I had some of my law school loans forgiven by the State of Maryland (federal program wasn't available at the time) because I work with low-income families (at the time I provided direct representation to kids in foster care). I went to a state school and took as little in loans as I could ($40k) but I would not have been able to do this work without loan forgiveness. Please don't assume that all lawyers make a lot of money. Many of us opt for public service and non-profit work. [/quote]
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