(02-08-2021, 02:38 PM)HURRICANE!!! Wrote: Here's one.  

Usually parents co-sign on student loans.  We can start the process by excluding any forgiveness in which 1 or 2 parents co-signed on the loan.  That would probably take out more than half of the student loan population.

We could then add other exclusions until there's only 3 or 4 people that qualify; hopefully 1 Caucasian person, 1 African American person, 1 Hispanic, and 1 Asian ... of the 4 we could also include 1 male, 1 female, one transgender, and one person that is gay or lesbian.  Then we can state we passed the Loan Forgiveness Policy and even did it with total equality.

Here's a simple solution that is completely fair: no one gets off.  You owe what you owe, regardless of race, religion, sex, sexual orientation, age, what college you went to, how big the loan is, and whatever else you can think of.  Everyone gets treated the same.  If you took out the loan, you have to pay it back. 

Because to do otherwise is unfair to the people who either did not take out loans, and paid for college with their own hard-earned money, or took out a loan and paid it back.

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(02-08-2021, 02:46 PM)flsprtsgod Wrote:

(02-08-2021, 01:32 PM)The Real Marty Wrote: No relief.  No forgiveness.  It's a reward for irresponsibility.  

And get the government out of the college loan business.  Make the lender financially responsible for the outcome of that loan.  That will make them a lot more careful about whom they loan money to.

That assumes that it was in fact irresponsible when everyone at the time was told it was the most responsible and necessary step one could take to have a successful future.

I don't like bailing people out of their bad choices.  And how fair is it to the person who paid off their loan?  How fair is it to the person who decided to work and pay for their education without taking out a loan?

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