(no subject)

[gunslnger.livejournal.com]

Since the topic of forgiving student loans has been mentioned here a couple times recently, I figured we should get an expert opinion on the issue.

Forgive Student Loans? Worst Idea Ever.

So, can you think of a reasonable rebuttal to one of the 5 reasons not to do it?

ETA: In my opinion, forgiving student loans is a pretty bad idea, for at least the reasons given. If you want to hand out free money, give it to the people who need it first, determined by actual need; don't use an unconnected metric of "went to college" to determine where it should go.

Comments

[soliloquy76.livejournal.com]

GMAC Mortgage was, yes, but mostly from its acquisitions. The majority of GMAC and GMAC Mortgage was sold long before the financial meltdown, though, and it's important to note that they were all distinct legal entities from GM Corp.