Student Loan Forgiveness Act of (2012) H.R. 4170

Who will pay for it?

I say raise taxes on the lower class and make them pay their loans back give all the interest from the loans to the feds give the higher class tax breaks. Then kill everyone.

There's no solidarity in your country, it should be renamed to Divided States of America.

I will call it DSA from now on, there is no USA

Thats what is being done already.

Maybe the illegals could pay for it talk about free loaders.

I'm completely against such a perverted bill, asshole.

A GOOD START would be to pay professors minimum wage.

I am 100% behind this bill. I don't want to see ANYONE go through the fucking bullshit that I went through trying to better myself. Never EVER fucking again. EVER.

Free education for anyone willing to try.

Go die painfully you old fuckstick. Once again FUCK YOU.

Good luck with that

The funny part is it is free ... all the knowledge you ever need is already at your finder tips

Trying to educate people, I appreciate the bumps.

Funny how people are carful and worry everyone is out to screw them till they hear “debt forgiveness” then the blinders go on and they somehow think they will end up on top. But the truth must be known before it is too late. There is no such thing as a free lunch, when they offer you one there is always a catch.

Very sad.

I read the Act. It looks like another win for the banks. A person only qualifies if their income is no more than 50% above the poverty line. Then that person has to pay 1/12 of 10% of their loan each month. If they miss a payment, they pop out of the program and go back into regular payments. The problem is that people who make just above the poverty limit are very, very financially unstable, with low level jobs that don't last ten years. I predict 99.9% of the people who apply will fail. Failure means that all the payments made become purely interest. So in the end, the person who applies under the program is worse off. Another bad deal for the student, good deal for banks. In the end, as I have always said, don't borrow money to go to school. If you can't afford it in this country - move.

Hell yes. I'm sorry for all you anal retentives that don't think that the country should pay for educating the children, but I do. We had 12 years of free education for the children of America since the 30's or 40's and now it's time to step up the program to include college or votech. At the same time, I would also lower the funds available to schools and to teachers because they are overpaid.

Your free education will be worth exactly what you paid for it, nothing.

But that doesn't earn you a degree, does it??? You can challenge a course... but you're still gonna have to pay for it.

Those of you that are for this, have NO IDEA how the real world works, especially GOVERNMENT. There is NO such thing as a 'free' ride.

This is a power play, a control mechanism, and worst of all, yet another tool for the ENSLAVEMENT of our progeny.

Please, PLEASE try to pull yourself out of the chemical fog for a moment and use critical thinking.

"I'm from the government, and I'm here to help you"

The above words should strike terror in the hearts of all within earshot.

QFT

Very Perceptive.

Why don't you take a pay cut to pay for it since you're such a giving person? It's always easy when somebody else has to pay for it, isn't it?

sorry, it makes me sad too. The DSA is important for the whole world and a divided country is weak.
If it comes to a civil war in the DSA Russia & China will definitively take over

That's because most of your Ivy Leaguers are paying for those job 'connections' that come AFTER they graduate with honors.

Education is free for all. If Whitey is stupid enough to try to charge people for it thinking that this will sustain his 'power' - while giving people loans with the same end in mind - screw em - and screw those loser slaves who actually believe their lies and 'pay back their loans'.

Debt is perpetually forgiven.

Starve the White parasite.

Screw this! (And I am a Dem/teacher)

Total bullshit.

Glad I didnt have to deal with all this ... I attended University on Scholarships..

I simply busted my ass in High School.

...and screw this bill. We ain't paying you JACK. Piss off.

NO shit. That's b/c your tuition isn't off the f'ing charts. About 100 grand for four yrs at most shit schools.

i can't read this, please write complete words

I don't argue about people owning up to their debts, if you sign, you pay. But its getting to the point that the middle class cannot afford an education. Yes, in a perfect world everyone would be a lawyer, a doctor, a bioengineer and make hundreds of thousands each year. But keep in mind, we still need teachers (who make little above the poverty level in my state), and nurses, and social workers. They don't make that kind of money and college costs the same for them. What may end up happening is that people won't go to school to be teachers, nurses, ect because-being responsible for their debts-will realize that it isn't worth borrowing the money for that career choice. Who will teach your kids and care for you then?

Another thing I found disgusting when I was in school is the amount of "aid" provided to people who have NO business being in college in the first place. Daily I saw those that barely passed high school getting a free ride to a university because they were a "minority" or had a baby when they were 13. They couldn't speak in proper English, but here's a full ride plus spending money for higher education. Does that make sense? Soon these will be the only people that can afford to go to school, because they actually get Uncle Sam's money in their pocket for being enrolled and the school gets government kickbacks for them being on the books.

So this goes back to "if you can't afford it, you don't go to college." Why is it more fair for some ghetto rat with a GED to go to school scott free, but probably will never graduate and not a decent middle class student who can contribute back to society? Why are you willing to support one's education and not the other? Just think about it.

Last Edited by KungPowMeowMeow on 09/04/2012 09:20 PM

100.000$ for 4 years?