Quote:
Originally Posted by mattywo85
Although I believe student loan laws should be changed tremendously I do not like this: SignOn.org - Support the Student Loan Forgiveness Act of 2012. The reason being because 1) People will have to qualify...here comes the long list of qualifications 2) You're still paying for your loan for 10 years(maybe a little less) and some people can't hold out for 10 years and 3) this is just a temporary solution and the only true solution IMO is to restore bankruptcy protections for ALL loans plus debt collection practices and so forth.
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I agree, but this is better than nothing.
... Unless, of course, it is passed, and then they use that as an excuse to not institute fundamental CORRECTIONS as you outline above.