Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: Student loan market a brake on US economy [View all]limpyhobbler
(8,244 posts)3. We need "Comprehensive Student Debt Reform"
Just made that up.
Bail out student debtors to stimulate the economy. Two birds with one stone, dig?
Edit history
Please sign in to view edit histories.
49 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Feeling hopeful here. Proud of this very courageous stand not only on student debt but ALSO
patrice
Jul 2012
#8
LOVE the point this article makes about possible connection between Student Debt & Mortgage crises!
patrice
Jul 2012
#5
Or just allow people to convert their bank education loans into Dept. of Ed. Loans.
limpyhobbler
Jul 2012
#6
Most of the debt they are considering was taken on during the same era as the sub-prime mortages
limpyhobbler
Jul 2012
#11
You sound like you have no clue on why student debt is so hard NOT to have.
Katashi_itto
Jul 2012
#13
Goodness your solution to avoid paying your loans was more schooling which increased your loans?
dkf
Jul 2012
#16
It's not for anyone trying to better themselves by any means at their disposal, that's for certain.
Ikonoklast
Jul 2012
#39
In all fairness, someone deciding to avoid loan payments by simply taking out more loans...
OneTenthofOnePercent
Jul 2012
#41
The poster says they're in a business major. Is that a "high demand" career in your mind?
riderinthestorm
Jul 2012
#31
Usually you have an idea of what type of industry/career path you want to be on..
snooper2
Jul 2012
#32
Yes there are an entire subsection of majors that can fall under a "business degree"
riderinthestorm
Jul 2012
#38
Actually, my degree is a double major in Finance and Economics, I am now working on my CPA
Katashi_itto
Jul 2012
#44
Thanks very much, that is extremely kind! I am saving that comment for a rainy day.
Katashi_itto
Jul 2012
#45
are you capable of understanding that people were blatantly lied to by state universities, human res
magical thyme
Jul 2012
#15
If your problem is you can't find a job and the loan would be manageable if you could that is one
dkf
Jul 2012
#17
Most students I know "ran the numbers" when they started schooling 5 years ago
riderinthestorm
Jul 2012
#18
Like virtually all industrialized countries do - if you are smart enough, university is subsidized
riderinthestorm
Jul 2012
#19
What we need is a return to the idea that education is a public good, not a private purchase.
Nay
Jul 2012
#12
Even gainfully employed people ages 25-35 are not buying houses because of debt
bluestateguy
Jul 2012
#26
The whole idea that a university should substitute education for industry specific skills is galling
cap
Jul 2012
#37
Encouraging business to put employee education off on the taxpayers is a big part of the problem.
Egalitarian Thug
Jul 2012
#49