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Reply to "Pelosi unveiling House plan @ 2pm, posts some details"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pelosi wants to forgive $10000 of student loans. Those kids at the beach on Spring break will be thrilled.[/quote] You realize that people pay off student loans well into their 40s and 50s, right? It’s not just about current students, who aren’t paying their loans yet.[/quote] No reason to forgive the loans. Lots of people who owe thousands have no trouble taking expensive vacations. Maybe, now that they have to stay home, they will pay off their loans. Many people with student loans are making quite comfortable salaries. No problem with being generous with adjusting interest rates and allowing for payment delays during this period, but no reason to forgive loans. [/quote] Then adjust interest rates retroactively, esp of a person had a hardship. Interest is what kills everything, and you can’t claim bankruptcy from student loan debt.[/quote]
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