Re:More Than 40% of Student Borrowers Aren’t Making Payments
by pc86 on Thursday April 07, 2016 @11:15AM
(#11447892)
> What if they decided they would rather be a teacher? A musician and band director?
There are literally government-subsidized student loan forgiveness programs for exactly this purpose.
> A serial backpacker?
Most student loans are backed by the government. As a tax payer I have no interest in subsidizing someone's backpacking trip. You can't be a serial backpacker if you have a car payment, rent, or a mortgage either.
> What if they are injured and can no longer take the 40, 50, 60 hours in a chair at the office it would require to maintain the level of salary?
A. Disability insurance exists for exactly this reason
B. You can make the same argument against getting a mortgage. FUD.
There are literally government-subsidized student loan forgiveness programs for exactly this purpose.
> A serial backpacker?
Most student loans are backed by the government. As a tax payer I have no interest in subsidizing someone's backpacking trip. You can't be a serial backpacker if you have a car payment, rent, or a mortgage either.
> What if they are injured and can no longer take the 40, 50, 60 hours in a chair at the office it would require to maintain the level of salary?
A. Disability insurance exists for exactly this reason
B. You can make the same argument against getting a mortgage. FUD.