A loan by it’s nature implies that it will be paid back. The interest rates on Federal Sub and Unsub loans are currently at very low rates. Why should I pay for someone who did not have the common sense to realize that taking out loans at higher interest rates or for amounts that they would not be able to pay back based on the field of study they pursued is not something I or anyone else should have to pay for. If a person ran up a huge debt and blames the institution for misleading them, then sue the institution. Unfortunately I have seen too many cases where student loans were taken out by students using them for international trips or study that I could not afford when I went to school so why should I pay for their vacations? If they need a loan to do these things then they should have to pay them back, not the taxpayers.

As a student who currently has about $80,000 in private student loan debt with an interest rate rivaling most credit cards, I fully support this bill. I could not get into my chosen career field when I graduated in 2009 and I was told I was overqualified to do menial work by managers at countless fast food and retail chains, because of my Bachelors Degree, so my debt doubled with forbearances and lack of payment.

I now work part time in a job with a schedule that constantly changes, leaving me without the ability to get a second job. I live at home with an income that I wouldn’t be able to support myself with even if I didn’t have this mountain of debt.

I was duped, like millions of other students, into believing that college would pave the way to a better future. All I got was a mound of debt I can’t get rid of, and piece of nice parchment paper that represents 4 wasted years of my life. So I support this bill, and the chance I might finally be able to get my future back.

What a load of socialist dreck and legal double talk intended to obfuscate readers. Why in the world would the Overseas Contingency Operations be responsible for students loans?

Restore fairness? WTH? What fairness is he refering to? The socialist notion that the government ‘owes’ higher education to the masses?

“Higher education should be viewed as a public good benefitting our country rather than as a commodity solely benefitting individual students.”
This premise is socialistic and unamerican.

If the unions and socialists weren’t involved, then a person wouldn’t need a master to teach a kindergartener and the expenses would have spiraled across the board.

All that and the bimbo with a masters that my son had in second grade did not smarts to understand how to figure out the perimeter of a square nor the sense to see she was wrong when it was gently pointed out to her.