Student Debt Forgiveness

Read at least the first of this to get the idea. What will the real consequences be?

http://www.cadtm.org/spip.php?page=i..._article=15819

I’ve listened to serious people debate student debt forgiveness/cancellation, they echo many serious concerns – impact of the federal deficit, eroding of personal financial responsibility on legitimate agreed-to obligations, inability to be able to enforce payments on future loans after such a precedent.

There is another facet of this. If they can push this through they will start on the next demand, maybe bail out states, or bail out universities, or (how bout this) forgive all green industry debts.....or who knows what.

Once camel's nose is under the tent it's difficult to keep the rest of it out.

Let's block ads! (Why?)

Student Debt Forgiveness