Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

NYMinute

(3,256 posts)
13. I think your loans should not be forgiven
Wed Apr 24, 2019, 07:59 AM
Apr 2019

but the interest on them reduced to the federal discount rate.

This way, more of your payment (and past payments) would pay down the principal and you'll be debt free sooner.

Forgiving the loans would be a slap in the face to those who lived frugally, delayed starting a family and held several jobs to become debt free.

Recommendations

0 members have recommended this reply (displayed in chronological order):

OK ... fatrick Apr 2019 #1
God yes. MissB Apr 2019 #5
If you are suggesting the government pay off student loans to help the economy, Cold War Spook Apr 2019 #12
I've noted before the increases that I've seen in the cost of a college education MissB Apr 2019 #17
Post removed Post removed Apr 2019 #19
Yeah but you went to college back when it was cheap to do so. MissB Apr 2019 #20
"1st world country" Rambling Man Apr 2019 #21
I agree radical noodle Apr 2019 #2
Maybe even interest-free student loans True Dough Apr 2019 #3
It would radical noodle Apr 2019 #7
the public school sweetapogee Apr 2019 #4
Many schools these days radical noodle Apr 2019 #8
sorry to hear that sweetapogee Apr 2019 #9
That's good to know radical noodle Apr 2019 #14
As I understand it, Warren is proposing that only rusty fender Apr 2019 #6
Socialism is the answer my friend. Joe941 Apr 2019 #10
It depends Drahthaardogs Apr 2019 #11
I think your loans should not be forgiven NYMinute Apr 2019 #13
That's like saying radical noodle Apr 2019 #15
So, what happens if someone is a perpetual college student? llmart Apr 2019 #16
yes sweetapogee Apr 2019 #18
Latest Discussions»General Discussion»lets have some real talk ...»Reply #13