Government may help with student-loan...

Government may help with student-loan debt

There are 13 comments on the Orlando Sentinel story from Jan 27, 2008, titled Government may help with student-loan debt. In it, Orlando Sentinel reports that:

There's student-loan debt. And then there's real student-loan debt. The former is the $20,000 in loans of the typical college graduate.

Join the discussion below, or Read more at Orlando Sentinel.

sunnydaze

Anthony, FL

#1 Jan 27, 2008
NO WAY SHOULD THE GOVERNMENT HELP!!!!!
It's about choice, the INDIVIDUAL'S choice to pursue their own education at the COST PROVIDED. It is NOT a CHOICE of what FUTURES and financial gain...as the education and CREDENTIALS are SELF OWNED.
NO, THE CHOICE was made by the student to pursue their personal WANTS AND DESIRES, and the LIABILITY of such LOANS is THEIR PERSONAL responsibility.
sunnydaze

Anthony, FL

#2 Jan 27, 2008
In other words, the song yOu requested AND DANCED to is OVER... now PAY THE PIPER!!!

Sorry you didnt win the DANCE CONTEST!
pudbert_Savannah GA

Vandiver, AL

#4 Jan 27, 2008
So now we're not only bailing out the weeners for accepting bad mortgage rates, now we're bailing out idiots that went after a degree that pays nothing..
I used to laugh at people in college that were majoring in French, or some other pie-in-the-sky degree that pays very little. Like Underwater Basket Weaving, it makes no sense to spend thousands for a degree and a job that pays you relatively little.
Soooo, how is this OUR problem and financial burden??
rusty nails

Redmond, WA

#5 Jan 27, 2008
Jim wrote:
Will people in this country ever be held accountable for their actions? If you know the job will only pay $30k, why do you take out $100k in loans? Stupidity I guess.
I have to agree. Why in the world would someone go to college just to take a job that only pays 30K a year? I'm a teacher at a trade school here in Tn. and I see this on a regular basis. I'd say about one third of the students that come through here have one type of degree or another and they can't seem to find a job making more that 4 or 5 hundred dollars a week. You would think before they went into all that debt for college they would have done some type of research on whatever field of work they were going into. Now they're here at a trade school having to spend more money. Some of them are at least. A lot of them have government grants.
whimsical willie

Anthony, FL

#6 Jan 27, 2008
I guess those advanced degrees in Minority History, Sociology and Psychology only got positions at "entry level degreed employment.
As I told my grandson, when I was a kid in summer I gathered up pop bottles for return )16 ounces - 2 cents; 32 ounces = 5 cents). They were washed and cleaned as expected and the money I received went to admission to the local theater for my ENJOYMENT - 2 cartoons and a feature film! That was the vein for me to get a Business degree and retire very nicely without social security. The individual's pursuit of happiness has a price..no matter what..YOU THE INDIVIDUAL PAY ONLY...not a team concept
Samantha

United States

#7 Jan 27, 2008
The cost of eduction has gotten out of control. The government should be encouraging affordable education and not allowing private collection agency garnishment and offset ability to collect debt from folks who obviously do not have the funds to repay.
Whiskeyman

Fort Walton Beach, FL

#8 Jan 27, 2008
This says volumes about our education system. First and foremost is that there are too many people going to school.

How many of the degree programs offered today were offered 50 years ago? 30? 20?

Too many of them are there for those going to school just so they won't have to work, or just so they can say they have a degree.

Get a clue before you go to school without your "stuff" squared away, or you'll end up with a degree that doesn't mean anything to an employer. I know that many have gone to school and partied and skated through college...but the days of doing that and still getting a good job are gone!
mommadoright

United States

#9 May 5, 2008
Try paying $29,000 on $21,000 in loans over ten years and seeing that you still owe $35,000. To all you absolutely clueless individuals who think people are getting what they deserve.....you don't even sound like you have a high school diploma, let alone a college education.
Student

United States

#11 Mar 27, 2009
I agree with momadoright...why is it that getting a degree passed high school will cost you money not only the rest of your life, but it'll ruin your credit while you're still in your 20s. The problem isn't the students who want to be educated, the problem is the loan companies who claim they will give you loans and help you defer and consolidate after you graduate and in the end, especially due to the horrible economy because of the carelessness of the government, the loan company decides they dont want to help you...you have to pay thousands of dollars a month instead of the hundreds they promised. So, instead of you paying your loans from your own payroll, you're parents may be forced to take out a second mortgage. Should education be free? No, but a happy medium would be nice...and sure us "educated" people may start out with a $40,000 job...but I guarantee, we'll be the one's not only moving up in the company, but quickly. So, in a nutshell, if the government has put us in this shitwhole of an economy and students have been hit hard because of it, yes, the government should do something about it.
Larry

United States

#12 Apr 4, 2009
For twenty years there has been controversy over a student loan that I applied for. At the onset I explained that I never received a loan, and on several ocassions requested a copy of the front and back of the check issed to me. The Gov could not provide the info. At the time The loan was applied for there were numerous laws in effect, requiring proof of debt, statute of limitations, collections limitations etc; After about fifteen years the government started hounding me again, and I asked for proof of debt, but they refuse to provide it. The Government went back through all the laws for twenty years and repealed them, then claimed that they could do any thing they want with regard to collections WITHOUT PROOF OF DEBT, however, if they fail to post a payment they require YOU to provide the front and back of a check as proof. All I wanted was proof of debt, but they can't provide it and began garnishing my check. They claim that the burden of proof is on me meaning that I have to prove taht I didn't receive a check twenty years ago. This Government is not interested in a just law they are only interested in tyranny.
NFM

Fort Myers, FL

#13 Apr 15, 2009
I believe that the government should help pay student loans. They pay for illegal aliens to be here, they give out welfare and food stamps to people that are more than capable of getting a job. I went to college and have two degrees, I am a taxpaying, law abiding, productive member of this so called "Land of the Free". If the governemnt can't help me, why should I help them????
KHK

Palmyra, PA

#14 Jul 11, 2009
I couldn't agree more that the government should help students pay back their loans. I completely agree that I chose to go to school and earn my degree which is society is 'the right' thing to do, but I make a decent living with a decent pay and still find it hard to pay back my loans. I support this government with paying my taxes so we can support degenerates who have 5 kids they can't afford and decide not to work so why can't it support me. My boyfriend and I make 100K plus together and we can't afford to move out of our apartment because we are loan poor...if our own government can't help us, than no one will want to go to school.
Othilie

London, UK

#16 Mar 26, 2014
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/EvYZBe ) too my friends and family.

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