Do you think it's a good idea or bad idea to have student loan forgiveness?
I am not sure honestly.
If they make so you have to do something (such as x hours of volunteer work) to get loan forgiveness, it might be a good idea.
I only owe a couple grand now (down from 25k), but I'm struggling and went into default. I only owe $5000 but they're threatening to garnish my wages, take my taxes, etc. The payment they want is WAAAAY too much.
I could use some forgiveness until I am more stable in my job.
Quoting SydneysMommy86:I haven't heard about it but I'm piled up with student loans. I could use some forgiveness.
I think any person that HAS been trying to pay their loans back but is struggling to keep up should be able to get it.
If you haven't made an attempt to do anything about it, then maybe you shouldn't be "forgiven".
I wish it existed, because I only owe $5000 but am struggling now. I got most of it paid off but they want to garnish my already shit wages to pay for it.
I think that it should be a case by case situation.
I really feel for the teacher that is really struggling. But that same teAcher may have chosen a ridiculously expensive college Just for the name, partied too much, and taken out way too much in student loans to fund his/her party/spending habit.
On the other hand, you have someone who purposely chose the least expensive school, worked through college, and worked 2 jobs for 4 years after getting out of college to pay the bills.
Which person deserves assistance more?
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