(04-08-2024, 11:45 AM)StroudCrowd1 Wrote:

(04-08-2024, 11:18 AM)flsprtsgod Wrote: You need a reading comprehension class, I did not mention forgiveness at all. A zero interest program gets students to repay what they borrowed without chaining them to 7% interest for 20 years. That's feasible and fair. And did you know that all of those people who paid off their loans did so at significantly lower interest rates and paid off significantly lower expenses back when it didn't cost 30k to get a BA at a state school? And gee, you survived cancer, it's not fair that we can stop other people from getting it! Let's be sure everyone has to suffer, no matter what it's doing to our citizenry and economy...[BLEEP] brilliant. The government owns education now and you and I both know we'll never decouple it. Thank the 60s Conservative who decided that the poors shouldn't have access to college and created this whole problem to begin with. You should ask yourself why for 200 years education was a public good but all of a sudden getting an education was changed to be seen as a private interest (hint...political wedge issues play in Peoria). The best we can do at the moment is push it to work on our behalf rather than the banks; or just keep pushing our young people into financial ruin and economic indentured servitude on behalf of corporate interests.

There is nothing politically advantageous about cutting rates and keeping the borrower on the hook to pay back their loan.