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Why not do both? Forgiving past loans for graduated students does not put future money into the hands of college administrators unless you continue issuing and
by stetrain 5y ago
Why not do both?
Forgiving past loans for graduated students does not put future money into the hands of college administrators unless you continue issuing and forgiving future loans.
Fixing the grift and providing relief to those who were grifted should be two sides of the same coin.
- rootusrootus 5y agoSure, do both. But the relief, as it were, needs to come after the fix. And frankly, rather than just give a relatively privileged subset of the population some money, we might as well crank up that printing press again and just got a $10K check to every last citizen, student loans or not. Might as well be equitable about it.
- stetrain 5y agoThe relief we are discussing being some partial credits given to a small percentage of loan holders under an existing income-based program?