Quote:
Originally Posted by MrSparkle001
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Oh I agree. Higher education costs way too much now and you can't discharge it depending on the loan (most have the type you can't discharge).
But 10k is not a lot of money to forgive. 20k for Pell Grant recipients is a better amount and can make a difference if forgiven, but 10k is small potatoes. It's not going to suddenly change these graduates' lives.
They keep talking about loan forgiveness but won't address why it's so damned expensive to get an education in the first place. And they won't. It's big business. The almighty dollar reigns supreme.
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It's so expensive because the Government guarantees the loan
Gee, where have we seen this before