Quote:
Originally Posted by redpoint5
Of course most people pay off their student loans; they are mostly only forgiven upon death.
I can't think of many reasons why student debt should be forgiven. There is nothing to repossess, so it's an unsecured loan. If you provide a service to someone, in what instances should they not be required to pay as agreed, sometime in their lifetime, for the services you provided?
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Back in the '80s it was the other way; many grads were walking away from their loans with little to no repercussions. That used to BURN me. That is why the pendulum has swung the other way.
BTW, even back then I thought college was quite expensive enough... and it was nothing compared to now. I did do the move back home for a bit and work to pay off the loan thing though, and I'm glad I did. It didn't take long and I hate having debt hanging over my head.