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Besty DeVos wants to kill a major student loan forgiveness program: slate.me/2pOU9Dn

Is this a joke? It's a forgiveness program for people who become public school teachers.....SHE'S THE SECRETARY OF EDUCATION
windinhishair · 61-69, M
One of the biggest problems with eliminating the student loan forgiveness program is with the tens of thousands of people who are already in the program and have structured their lives around it. The rules are that you must work for a non-profit or the government, or in the case of medical personnel, serve in historically under-served areas of the country. Some of these people have massive debt, are making their payments, and are working at low-paying jobs for ten years to wipe out the remaining student loan debt after ten years. They've already sacrificed their earning potential for those ten years, so to tell them that the government is reneging on their promise would literally ruin their lives. Some of those people will never be able to pay off their loans, will never own a home, and will die bankrupt. I know an MD with over $400,000 in debt that is serving in an area with limited medical coverage and is in the program, who will lose ten years of earning potential if the program is eliminated.

The program also provides teachers, medical and other personnel to serve in rural and other areas that would not have services otherwise. They will also be hurt if the program is eliminated.

If the Administration wants to eliminate the program, fine, even though it is a mistake, but simply stop taking new loan holders into the program, while continuing to fulfill the obligations the government has already made to the many thousands of people who were counting on it and betting their lives.
JarJarBoom · 41-45, F
Although public servants are severely underpaid I don't think the program was as effective because of all the red tape attached to it. Let's face it this administration shows very little interest in education and how the current generation is dealing with student debt, so I'm not surprised at all.
JarJarBoom · 41-45, F
@ECHO22: I agree, the problem is during the 80s and 90s there were a lot of for-profit schools popping up that basically didn't do shit and left a lot of students high and dry with useless degrees and a lot of student debt so I think it leaves a lot of younger people Leary of going to trade/technical schools.
@JarJarBoom: True, but; not everyone is suited for college & they are convinced that they have to go, to get a good job, when that's not true. School counselors are being graded by the percentage of college enrollee's .. its turned into a money game all around
JarJarBoom · 41-45, F
It truly is a money game...
hunkalove · 61-69, M
Education should be free. Getting into the best public schools should be highly competitive, but free. Any country that can spend trillions of $$$ on wars they can't win could have the best schools on the planet. However, intelligent educated people did not put Trumpski in the White House. Expect our education system, as pitiful and broken as it is, to get even worse.
bowman81 · M
Sounds like a good idea to me...eliminate the preferential treatment. Pay back your loan....we need engineers too, and all manner of educated people...why should the government pick and choose who has to repay the loan or not? Why not address the insanely high cost of education so students don't need the loans? Universities crying broke and increasing tuition while they hide and play with billions of endowment funds is an abomination.
SW-User
It should be killed ... sorry but teachers can pay their loans back like everyone else !!
SW-User
@offingg: and for the record child , I am not going to argue with you! You have your opinion and I have mine! Learn to agree to disagree without name calling !!!
SW-User
@offingg: if that kills your desire to teach you are in it for the wrong reason anyway stop while you are ahead ! JS
offingg · 26-30, F
@DixieChick: UHM YES? A huge amount of debt and an underpaid job does influence desire for education, what planet do you live on? Rich and don't care about others planet? Go away right winger
Must be a shortage of teachers, sounds like a good incentive
SW-User
@ECHO22: there is a shortage of nurses too but heck NO... the government does not have the money! Nothing is free!!!!! Nothing nothing nothing !!!!!
@DixieChick: I realize that, But; do you realize that the government pays a stupid amount of incentive bonuses to fill spots, so eliminating someone's college loans they can do at a fraction of the cost
@offingg: Please explain?
Cstmc · 36-40, M
She's publicly against public schools, and has claimed that teachers make too much money. Welcome to America: made great again

 
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