(02-07-2021, 02:04 PM)NYC4jags Wrote:

(02-07-2021, 01:29 PM)wrong_box Wrote: I feel that there will always be some kind of Social Security. I think they will eventually do away with SS but replace it with something else. Something I havent seen anyone mention yet, is SS is not just retirement, it's also disability SSI and SSD. So if some of these people are excluded from SS retirement, are they excluded from SSI and SSD as well?

I'm 54 so I'm old school...these people made the decision to take out the loan and they should be forced to pay it back. Garnish their wages, take their tax return, place liens on their property (if they own any). Take it back just as they take Child Support.

That being said, colleges should be held accountable for the incredibly expensive "education" they provide along with these Bull [BLEEP] degrees that there are no damn jobs for.

I kind-of look at SS the way I look at my union pension fund which is in critical status after they invested w/ Bernie Madoff. 

I'll get something - but it probably ain't gonna be what they owe me. 

I also believe that reducing the price of education and zero interest/very low interest loans are a much better way to deal with student loan debt than outright forgiveness.

(02-08-2021, 01:17 PM)HURRICANE!!! Wrote: I don't want to see any forgiveness to those that chose to go to private universities or out of state universities when the option of going to a much lower cost in-state public university option was available.  I mean, why should a person who opted for Rollins College ($51,000/year) or University of Georgia ($31,000) get a break when they could have gone to UCF or another in-state university for ($6,500/year).  At an absolutioe  maximum, they should only get relief to the extent of the cost of in-state tuition

I don't see why they should get any relief at all other than a hardship situation. You dont get that for any other loan you signed a promissory note for such as car loans or mortgages or personal loans...They applied for the loan, were granted a loan, received at least part of a college education, and they should have to pay it back...It's not like they can repo the knowledge (if any) they gained and sell it at an auction to recoup their money, so the loan company should at least get their money back.

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