Originally Posted by Kaine
Now you're talking about fixing it. That's what I'd like to see. A solution before it swamps the student. Maybe free for the proven poor, and/or maybe some kind of low/no interest government loans. I don't agree with forgiving for everyone no matter their needs or habits - widespread giveaway. I believe there are people that would take advantage and not pay even if they are well off.

However, I am not seeing/hearing of anyone in this, or any other administration, suggesting there are controls over the process according to a students financial situation before they take the loan. I'm only hearing about widespread bailouts.
When someone pays on a student loan for 20 years, how is forgiving the 9% interest - that interest being free money to the Department of Education[ - how is THAT a bailout?

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