Student Loans – Beyond The Interest Rate Debate
The problems with this legislation really only underscore the need to restore bankruptcy and perhaps other fundamental consumer protections to student loans. The Department of Education would be far more likely to come up with a good workable set of forgiveness programs with fundamental protections in place. Conversely, history (decades of history) clearly demonstrates that the Department will not do anything to help students in their absence.
Time To Occupy Department Of Education?
People aren’t camping out by the thousands and protesting in public spaces across this country because of interest rates on student loans, government conferences, or Secret Servicemen schtooping around in foreign lands. They (we) are resorting to occupations across the land because of the big stuff, the very big stuff that Congress and the President seem all too happy to ignore, regardless of the damage it is doing to normal, decent citizens. This blatant disregard for the public interest is intolerable. And if you thought the occupations of last winter were something, you ain’t seen nothing yet as long as this big, bad governance continues on both sides of the aisle, by corrupted servants, both elected, and unelected.
Follow Me
Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.