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12 Answers
- KiniLv 75 years ago
The federal agency guarantees the loans and banks underwrite them. In order to reduce or forgive some of that debt, where does the money come from to pay off the student loans? At least Bernie had a plan for free college tuition but raise taxes on the wealthy. So Hillary will have to do that but Congress must approve that. It remains unknown. She is promising something that may not happen.
- ?Lv 45 years ago
Children were duped into paying a lifetime of student loan debt with no jobs available to make the payments. Then they get bad credit and their work situation goes from bad to worse. If Bush can bail out the banks, if Puerto Rico can be forgiven for billions, if we can pay war reparations to Iraq, then why the hell cant we forgive student loans?
- Mike SLv 65 years ago
There's no reason the rules of the "real world" can't be changed.
What's wrong with supporting the citizenry as opposed to the elite?
- SallyLv 75 years ago
No, it's not about forgiveness of debt. You need to read her position on her website so you are more informed.
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- justaLv 75 years ago
It would be part of the real world if we wanted it to.
There is no biblical commandment that says Thou shalt graduate with crushing debt.
- ?Lv 75 years ago
Nope. There's no "forgiving debt". She'll be passing the cost of educating doctors and lawyers onto waitresses and factory workers. Doesn't that sound fair?
- Anonymous5 years ago
Our government bailed out crooked Wall Street corporations after they flushed the world economy down the toilet in 2008. So, I see no reason why our government couldn't bail out students now.
- RogerpetersonLv 55 years ago
Yes. Many countries have free education or at a truly reasonable rate (i.e. 2000 per year). Educate yourself then try again
- Anonymous5 years ago
sure, it's called investing in your kids' futures. encouraging higher education like that would be one of the best uses we could make of tax money.
hell of a lot better than spending stupid amounts of cash on a poorly designed fighter plane, that's for sure