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View Full Version : Half Of America’s College Students Believe The Federal Government Will Forgive Their Loans




seapilot
03-01-2017, 05:37 PM
Free College! Sanders Socialism runs strong in a lot of college students.



Nearly half of all America’s college students have deluded themselves into believing that the federal government will graciously forgive their student loans despite the fact that the federal government forgives only a very low percentage of student loans.

LendEDU, a student loan marketplace website, documented this startling disparity between belief and reality in a nationwide survey of 500 students currently attending America’s colleges and universities, reports the New York Post.

The survey shows that 49.8 percent of the students surveyed think they will be eligible for federal student loan forgiveness.

In reality, only about 10 percent of all college graduates will ever see any portion of their student loans forgiven under current loan forgiveness law.

In order to qualify under forgiveness programs, student loan borrowers must either take specifically-identified public service jobs for a long period of time or teach in schools in poverty-stricken and under-served areas of the country.

Two other ways to receive federal forgiveness on student loans are to become permanently disabled and to die.
The final alternative — a veritable unicorn — is attending a college that shuts down while you are enrolled or just after you graduate.

That’s it. There aren’t any other ways.



Read more: http://dailycaller.com/2017/03/01/half-of-americas-college-students-believe-the-federal-government-will-forgive-their-loans/#ixzz4a7WvyL3z

CPUd
03-01-2017, 05:44 PM
The cosigner (if they had one) could still be responsible if they die, depending on the type of loan.

timosman
03-01-2017, 05:48 PM
Playing by the rules is for suckers ....and libertarians.:cool:

oyarde
03-01-2017, 05:54 PM
If these people are this stupid , what kind of country will they be able to make for themselves ?

timosman
03-01-2017, 06:05 PM
If these people are this stupid , what kind of country will they be able to make for themselves ?

They are not stupid. You are stupid for thinking they are stupid. You can't go wrong in US of A playing dumb.

RJB
03-01-2017, 06:06 PM
Why do they believe this? Because they are taught this in the halls of academia by teachers and career councilors who get a big cut from these loans. It's believed by the students because teachers wouldn't lie, would they?

oyarde
03-01-2017, 06:29 PM
They are not stupid. You are stupid for thinking they are stupid. You can't go wrong in US of A playing dumb.

Give 'em 30 years and they will be wallowing in misery and poverty like a 100 yr communist country .

Superfluous Man
03-01-2017, 06:42 PM
They better push this now while they have a president stupid enough to go for it.

dannno
03-01-2017, 06:48 PM
They better push this now while they have a president stupid enough to go for it.

Hillary Clinton’s Student Loan Forgiveness Plan http://www.studentdebtrelief.us/forgiveness/hillary-clinton-student-loan-forgiveness-plan/

CPUd
03-01-2017, 06:50 PM
E)