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re: Student Loan forgiveness. What has been put forth to stop the issuing of future loans?

Posted on 5/1/24 at 2:13 pm to
Posted by Y.A. Tittle
Member since Sep 2003
101903 posts
Posted on 5/1/24 at 2:13 pm to
quote:

Nothing. They are forgiving billions of dollars of loans, but doing nothing to stop the new loans. They are not even attempting to solve the problem.

This is akin to offering amnesty to illegals, without fixing the border to prevent new illegals from entering.


If you have a kid going to college, are you just stupid if you advise against them taking out an offered loan that is not really needed at this point?

Posted by Bjorn Cyborg
Member since Sep 2016
27242 posts
Posted on 5/1/24 at 2:37 pm to
quote:

If you have a kid going to college, are you just stupid if you advise against them taking out an offered loan that is not really needed at this point?


Unneeded loans should not be taken out. Despite all the hoopla, no loans have been forgiven for just regular people. It's mostly been where fraud was concerned with some of these for-profit schools, or for public service and government workers, and a few other niche situations.


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