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Awesomeness!!

Obama's student loan program.

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People that need immediate relief won't have a problem paying a little extra over the long run. Its the same reason people lease from Rent A Center or Aarons. Sorry everybody doesn't have 70,000 dollars laying around.

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Yes but the point is to provide relief to people that are paying more in student loan repayments then they are paying in rent.

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The point is......politics.  As long as you are thinking about the relief angle, their job is done.

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What's the alternative? Eat Ramen until the debt is paid? How about working 80 hours a week while in college?

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Just borrow the money from your parents duh

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People that need immediate relief won't have a problem paying a little extra over the long run. Its the same reason people lease from Rent A Center or Aarons. Sorry everybody doesn't have 70,000 dollars laying around.

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that's because they're fuging stupid and that's how they got into that position in the first place

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What's the alternative? Eat Ramen until the debt is paid? How about working 80 hours a week while in college?

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Why yes.

 

- Previous generations

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Why yes.

 

- Previous generations

 

Because tuition hasn't gone up 6000% since the previous generation. Also income is up and the cost of living is dirt cheap.

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What's the alternative? Eat Ramen until the debt is paid? How about working 80 hours a week while in college?

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It's all a matter of priority. If you want to get out of debt in a hurry you minimize all your expenses, and put everything towards paying off debt. Get clothes from the discount rack, coupon shop for groceries, drive an old car that gets great milage, etc.

I worked 45 hours a week in college with a full load and used any extra money after expenses to pay on my loan. I paid off all my college loans 12 months after graduation by living bare minimum and working as much OT as I could get. I ended up exhausted but I was debt free. It can be done, you just have to be willing to overlook the short term pain for long term gain.

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Psssst

Those countries where they have solved the gun issue .... They've solved this too

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Psst. We are 4x as large as most those countries.

Refinancing is perfectly fine.

Forgiving debt at a certain point im not so sure of. The Prez did say you may have to take a job you dont want to pay debt so thev work ethic is still on the table.

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