Reply to Why is Biden extending the student loan repayment pause?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well, I took out $100000 in student loans and have paid over a $100000 back, but still owe five figures b/c interest. My student loan payments are $2000/month. I will likely not get any forgiveness b/c on paper I make too much money - but I have to live in an expensive area to make the salary to pay back the loans, and I am a single parent. My story is pretty common. Even if the policies do not benefit me, there are a lot boomers and genX with debt because of high interest rates, and they can't retire, or save to retire. Eventually, the government is going need to grapple with that. Yes, we need to reform tuition, and make college affordable for Zees, but the vast majority of debt held is graduate school debt, mostly by women. [/quote]

What graduate school did you go to?  In VA my son paid $20k tuition and earns $85,500 plus $7k in bonuses first year out with a MS.  The school paid half his tuition and $800 month for him to be a GA.  He worked 20 hours a week at a campus job.  This resulted in no debt and no cost to me.  $100k seems like a bad gamble on your part.  I agree with $10k forgiveness but come on.  [/quote]

For every GA who gets a half scholarship, there are 30 other graduate students who are paying full freight.

Good for your kid but.....get stuffed. What's your solution for the other 30 students?[/quote]

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