3 ms·
I think y'all may be getting confused because this reads like bureaucratic gobbledygook. So let me try to make it clear: The main requirement they are failing
by DannyBee 8y ago
I think y'all may be getting confused because this reads like bureaucratic gobbledygook.
So let me try to make it clear: The main requirement they are failing is never having asked for loan foregiveness before
That is, they are applying to a program meant to help those who do not qualify for loan foregiveness, but have not bothered to ask for loan foregiveness in the first place.
As for "really apparent when you look at how little student debt has been forgiven" - you really don't want to measure the effectiveness of this kind of program based on how much money it gave out.
A lot of programs that successfully give out all the money do so due to fraud.
- MaysonL 8y ago> A lot of programs that successfully give out all the money do so due to fraud. Name 3, with citations.
- DannyBee 8y agoYou seriously want to argue this? I'm not arguing it is per-se bad (It is impossible to run programs at that scale without some fraud rate. Medicare's fraud rate is 8-10%) i'm arguing all you would do by forcing them to give the money out is increase the fraud rate - they will do less investigation of claims because they don't have to. Worse, claims that look better on their face will be approved even if they push aside claims that aren't fraudulent. This happens in medicare/medicaid all the time, see https://en.wikipedia.org/wiki/Medicare_fraud https://en.wikipedia.org/wiki/Medicare_fraud You can also see this happened in pigford vs glickman, etc.