Reply #7: How do you make it just? [View All]

[girl gone mad]

If I had known the debt would just be erased, I might have taken out loans for school rather than working and saving to pay for it. I have friends who worked 3 jobs while in school to avoid student debt.

I would support reducing or even eliminating interest, but allowing people to walk away from the debt would be a slap in the face to people who didn't go to college because they couldn't afford to or who made enormous sacrifices to pay out of pocket.

Also, the homeowner bailout isn't exactly progressive. A lot of people who choose loan modification will end up worse off.