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There's another fix: Hire these graduates into the public sector or a random non-profit, let them make income-based payments, and then forgive their loans after
by twoodfin 14y ago
There's another fix: Hire these graduates into the public sector or a random non-profit, let them make income-based payments, and then forgive their loans after 10 years, regardless of how much they've paid back. The taxpayers pick up the rest.
Thanks, Congress!
http://studentaid.ed.gov/repay-loans/forgiveness-cancellation/charts/public-service http://studentaid.ed.gov/repay-loans/forgiveness-cancellatio...
- natrius 14y agoI think encouraging people to make better education investments is a better idea than making other people pay for their poor choices.
- twoodfin 14y agoI agree. To a first order approximation, "Thanks, Congress!" always has an implied sarcasm tag.
- danielweber 14y agoWhy "non-profit"? What's the fundamental difference between surplus going to shareholders instead of going to directors?