Comments on: Nelson Pitches Plan To Ease Student Debt

By: nod

nod — Wed, 19 Jul 2017 01:23:11 +0000

Maybe we should blame the Colleges and the universitys for charging too much and for paying their top professors and staff too much.
Also any job and dedication will go a long way while in College.

By: BT

BT — Tue, 18 Jul 2017 11:44:25 +0000

Nelson is not suggesting that anybody be relieved of debt. You’re not being robbed. The government is involved because it is in the public interest to have an educated population.

It’s not unreasonable to have a low interest rate on a loan that’s not dischargeable.

I don’t see a reason for the outrage.

By: KD

KD — Mon, 17 Jul 2017 14:41:16 +0000

Part-time jobs don’t even begin to put a dent in college loan debt. Maybe they did in the ’70s or ’80s. Stop painting an entire generation as party-goers and spendthrifts. I’m lucky enough that I had scholarships and grants to cover my tuition, but the money I earned from my part-time job wouldn’t have stretched far enough to cover loan payments.

By: nod

nod — Sat, 15 Jul 2017 17:29:53 +0000

Get a partime job and quit wasting your money on new cars and spring break and other partying. Buckle down get your degree like people did before the libs took over.

By: area resident

area resident — Sat, 15 Jul 2017 10:31:48 +0000

First of all, Senator Nelson needs to retire. Secondly, why is the government even involved in student loans? If you are of college age, take on the responsibility of becoming an adult and stop expecting everything to be handed to you. Racking up college debt and then expecting everyone else to pay for it is stealing. Life is work; get used to it!

By: Grand Locust

Grand Locust — Sat, 15 Jul 2017 06:30:29 +0000

It is not a popular position, but guaranteed student loans should be limited to a set amount each year. These loans cannot be discharged in bankruptcy and would have the low 4% interest rate, and all other loans would be a market rate with no interest ceiling and could be discharged in bankruptcy. The banks have all the risk on students and the government. The risk needs to be distributed and the amount of loans limited. It is not uncommon to see students living off the loans and running them up to over a 100k. They graduate with a degree which can never support a job to pay it back. Indentured servants for the balance of their life.