I like the idea of reducing the interest rate each year for on time

payments until it hits 0. It's the paying a $400 a month payment with only $80 going to principle that sucks.

The WSJ article typed out why it's very unlikely that they will lower interest rates or wipe away debt. It makes the deficit spending more.

[Post edited by ElbertoHokie at 04/29/2021 3:41PM]

In response to this post by Tafkam Hokie

Posted: 04/29/2021 at 3:39PM

WSJ did a longform article on Student Loans. -- ElbertoHokie 04/29/2021 1:36PM

It's even better than that -- MrBayAreaHokie 04/29/2021 1:44PM

College is a choice, not mandatory -- darnellm 04/29/2021 1:42PM

NOT going to college was never an option. -- GSOHokie01 04/30/2021 12:17AM

We're told our entire childhood to do well, go to college, get a "good job" -- typed by ben 04/29/2021 2:30PM

I feel like Boomers and X'ers failed badly in the message they/we gave kids -- Tafkam Hokie 04/29/2021 2:59PM

College shouldn’t be for everyone & we definitely shouldn’t pay for anyone -- Hoakie82 04/29/2021 9:56PM

This is what you should be doing -- Happy Dog 04/29/2021 3:37PM

Never too late to take up a trade! -- One4VT 04/29/2021 2:34PM

I wish I had, I'm a pretty good troubleshooter when I need to be. ** -- `lag 04/29/2021 3:47PM

Same. All these technology jobs will need someone -- Tombo 04/29/2021 3:24PM

Society has falsely conned everyone into believing that a college -- 133743Hokie 04/29/2021 2:19PM

Agree. Not every picture belongs on the Fridge. -- WilmaHokie 04/30/2021 11:31AM

This is the only reason I have any sympathy at all for student loan debt -- HokieNoVA 04/29/2021 2:55PM

That's kinda where I am. To quote Mr. Myagi, no such thing as bad student, -- Tafkam Hokie 04/29/2021 3:22PM

We didn't tell them to get junk degrees in meaningless fields ** -- 133743Hokie 04/29/2021 5:06PM

I like the idea of reducing the interest rate each year for on time -- ElbertoHokie 04/29/2021 3:39PM

This article is depressing to read about Law School and attempting -- hoosnowahokie 04/29/2021 3:27PM

Here's how you solve the problem......No loans guaranteed by govt.......And -- CrystalCoveHokie 04/29/2021 3:41PM

That decision to go & knowing you’re paying for it makes you want to apply -- Hoakie82 04/29/2021 2:17PM

Holy sweeping generalization, Batman ** -- Brown Water 04/29/2021 2:18PM

You think so? I always thought it was what separated the mentality of -- Hoakie82 04/29/2021 4:58PM

I think it's more about the drive within the individual. How you were -- Brown Water 04/29/2021 5:03PM

No doubt that plays a part but it was my experience in college that most -- Hoakie82 04/29/2021 9:44PM

I like the idea of reducing the interest rate each year for on time

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