2 ms·
If we are to forgive some amount of debt, wouldn't housing mortgage forgiveness be more beneficial? It is not a good situation either, but I think we at least a
by randomdata 2y ago
If we are to forgive some amount of debt, wouldn't housing mortgage forgiveness be more beneficial? It is not a good situation either, but I think we at least agree that we want people to continue to have homes.
We do not want people to continue wasting their time in college. That itself is a huge drag on society. There needs to be some kind of 'punishment' to scare off future would-be students. "Oh, go on have your fun in your youth and we will all help you pay for it later" doesn't exactly send the right message.
PSLF isn't really loan forgiveness in the traditional sense. It is an employer providing compensation to workers for a quality that is deemed beneficial to the work being done. All employers are free to do this, and do so where such a benefit is recognized.
- alistairSH 2y agoPSLF isn't really loan forgiveness in the traditional sense. It is an employer providing compensation to workers for a quality that is deemed beneficial to the work being done. All employers are free to do this, and do so where such a benefit is recognized. Maybe I'm misunderstanding how the program works... isn't it a federal program that forgives the loans of public sector and (some) non-profit workers after 10 years of employment and payments? To my knowledge, it's not funded by the various government agencies or non-profits, but by the federal government.