Feds try to help, but many student loan borrowers still stranded without assistance

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  • worf Mcallen, TX
    Feb. 8, 2013 9:17 a.m.

    Why? In the United States of America, do so many people stand in need of assistance?

    Perhaps we elect corrupt leaders. A sixteen trillion dollar debt is no accident, and would be enough to make millionaires of all American people. Sheeesh!

  • DN Subscriber 2 SLC, UT
    Feb. 7, 2013 4:09 p.m.

    "Student loans" have become a euphemism for "student welfare" which enables large numbers of people to spend time in colleges taking courses that have limited employment opportunity, or with very little actual effort to learn the material in the courses taken.

    The worst part is that this creates a sense of entitlement, and dependency, and belief that government exists to give away free stuff to anyone who asks, deserving or not.

    Student loans should be a straight financial transaction- you qualify, assume the debt, and face serious consequences if you do not. Truly needy people can ask for grants or scholarships, and generous people can contribute to fund those.

    Too much of time spent in colleges these days amounts to little more than being in leftist indoctrination camps anyway, so cutting back on college loans really has little downside as far as curtailing actual learning of useful and truthful information.

    The federal government should NOT be involved in student loans in any way at all!

  • worf Mcallen, TX
    Feb. 7, 2013 4:04 p.m.

    Debt is a baited trap, and difficult to get out of.

  • lost in DC West Jordan, UT
    Feb. 7, 2013 12:38 p.m.

    I have no problem with making the payments easier to handle, but debt forgiveness is an outrage to the taxpayers who funded the loans in the first place. The money did not jsut appear out of nowhere, someone had to PROVIDE it in the first place.

    maybe we should look at the wisdom of loaning someone $200,000 so they can get a master's degree in pop-culture (or some other non or low-marketable degree) from Columbia.

  • Annalaurab Salt Lake City, UT
    Feb. 7, 2013 12:14 p.m.

    It's easy for people who don't have loans or who have paid them back to say you borrowed it so tough it out but the reality is that in many cases we can't. Either we don't have the income, as was my case for 3.5 years while I only had a part time job, or we still can't pay everything we owe and still pay rent, food, and other basics. Fortunately I now qualify for IBR because otherwise I won't what I would do. I can't pay even close to what my minimum payment should be even with a full time job. The entire student loan system as well ad higher ed needs a big makeover.

  • Chris B Salt Lake City, UT
    Feb. 7, 2013 10:20 a.m.

    Tough it out.

    You borrowed it. You pay it back. Why should I be forced to pay for someone else's bad decision?

  • worf Mcallen, TX
    Feb. 7, 2013 8:56 a.m.

    If our deficit money were equally distributed to the people, --we may all be millionaires.