If more was known about the logistics of the student loan debt may be there would be
more support for cancelling the debt. How did these loans get there in the
first place? Did me as a student apply for a loan and sign for it and rec.
the amount of the loan. I had a friend that got these loans and she lived
on the proceeds for the 4 or 5 years she went to school. Is that the normal story of these loans. Now i understand that some of these loans went to bogus schools and those should no doubt be cancelled
but what about the others? I think that the American people need to
know what the story is on these loans when we hear that there is about
a trillion dollars due the government that is going unpaid.
Peggy Moore commented
Many people got student loans and lived on the proceeds of them and became full time students to avoid getting a real job. They never repaid a lot of these loans as well. Now there were some that got the loans and applied themselves and are now successful in life and have either their own business or a great job. It's the ones that never tried to repay these loans that are the problem, as a lot of them are still not employed, but now collecting off the government in other ways.