Carol Brierly-Rajchel
Carol Brierly-Rajchel

It starts in the Financial aid offices acrosss America. Students do not grasp or they deny the cost of their education. A good Financial Aid Officer should make sure all incoming students understand the debt they are about to have. It is also the students responsibility to research the jobs available in their area of study before they register. I wish education was free in this country, but every student that is in default knew they were taking loans. It is a students responsibility to pay...

It starts in the Financial aid offices acrosss America. Students do not grasp or they deny the cost of their education. A good Financial Aid Officer should make sure all incoming students understand the debt they are about to have. It is also the students responsibility to research the jobs available in their area of study before they register. I wish education was free in this country, but every student that is in default knew they were taking loans. It is a students responsibility to pay their student loans. There are many options for those who can not afford their current payments. Contact the Department of Education or your University to discuss all options.

Monique Buckner
Monique Buckner
  • Carol Brierly-Rajchel

Unfortunately, real life is unpredictable and anything can happen to a person to prevent them being able to pay off their loans. In India, people in debt are committing suicide at a rate of one every 30 minutes while others in debt are literally enslaved, with their family members, until the debt is repaid. But the catch is that interest is added so entire families become enslaved for generations.

Daniel Scott
Daniel Scott
  • Carol Brierly-Rajchel

AND the financial aid adviser should tell the student that uncle sammy will double their interest rate without even the benefit of a reach around.

Tania Attard
Tania Attard

I' m from Malta a small island with only 400.000 people and we have free education and students that attends university they have stipends to help them , so if we can make it that we are so small everyone can.

Monique Buckner
Monique Buckner
  • Tania Attard

I'm aware of Norway also having free education- even for international students including living expenses for some.

Tania Attard
Tania Attard
  • Tania Attard

Yes that's true but only few people earn that money most of the population earn around 12.000 euros and yes we have vat as well cause we import most of our needs. But even our health system is free and we don't pay house taxes. So to say it all even the poorest family can send their kids to university and pay absolutely nothing .

Audrey Stovall
Audrey Stovall

I have worked for a school system for 20 years, and for the last 5 years, I have not received a raise, not even a cost of living raise. For the last 5 years , my pay has decreased.

Dennis Goodwin
Dennis Goodwin
  • Audrey Stovall

when I finished college in 1989 ,I'd only accumulated 5200 hundred dollars of debt .I paid 63.70 a month for 120months and still had a balance of 3980.00 to pay off.

Audrey Stovall
Audrey Stovall
  • Audrey Stovall

You already paid $7644, which is $2444 more than you owed. That's what I don't understand they are worst than loan sharks. You paid $1220 of tha actual amount you owed so $6424 in interest, does that make sense?

Mark A. Tisland
Mark A. Tisland

Yeah, this is the thing: We have an inflation thing, which is really a misguided conceptual blackmailing of the mind; a year's wages to learn a year's worth of "education"... Really? Who comes up with these ridiculous numbers?
When eyes open to see that "money" itself is non-existent, maybe an awakening will follow. Of course, this is not the course our country will travel.
All that aside, these costs are absolutely ridiculous to the point of stupidity. I also encourage all students to...

Yeah, this is the thing: We have an inflation thing, which is really a misguided conceptual blackmailing of the mind; a year's wages to learn a year's worth of "education"... Really? Who comes up with these ridiculous numbers?
When eyes open to see that "money" itself is non-existent, maybe an awakening will follow. Of course, this is not the course our country will travel.
All that aside, these costs are absolutely ridiculous to the point of stupidity. I also encourage all students to sign the petition, if for no other reason than to use what is left of our voice in the corrosive infrastructure that once used to be "We the People".

Gary Cogswell
Gary Cogswell
  • Mark A. Tisland

And the students that work and go to school and pay for there education should get a free car.

Sam Doognivol
Sam Doognivol
  • Mark A. Tisland

Gary Cogswell Right.. where is the incentive if you have to pay out 40 grand for your owneducation? I should at least get a discount on my mortgage, gas, a car since I'm paying an arm and a leg to become smart enough to make enough money to back the money for the education I was getting to make more money to pay off the bills I owed because I wasn't making enough money in the job I was working because I didn't have a good enough education (follow the logic, its makes sense..lol)

Mark A. Tisland
Mark A. Tisland
  • Mark A. Tisland

That is the twist! Well put, Sam.

John Zubalik
John Zubalik
  • Mark A. Tisland

We The People pay our just debts, and don't look to government for a "Bailout"!!!

Gary Cogswell
Gary Cogswell
  • Mark A. Tisland

Thanks John, I have worked and paid my way through trade school and owe nothing. Unlike the gen x 40 ish wimps still trying to find there way , still in school sucking the tit.

Rusty Ford
Rusty Ford
  • Mark A. Tisland

Obviously you can not get a good job since you can not even write a complete sentence.

Aeleque Sangraeia
Aeleque Sangraeia
  • Mark A. Tisland

sam, change fields then.

Heather Underwood Avritt
Heather Underwood Avritt
  • Mark A. Tisland

Couldn't have said it better myself!

Andrés Rondón
Andrés Rondón

Lets sign everybody

Linda Luckstead Benskin
Linda Luckstead Benskin
  • Andrés Rondón

Who will pay for this? I would love to not pay my student loans, but it is not fair to make others pay them for me.

Daniel Scott
Daniel Scott
  • Andrés Rondón

Linda Luckstead Benskin You have a 50/50 chance when you graduate to not be unemployed or underemployed when you graduate. The loans you have may have an interest rate double than what you signed. Don't sign and drop out now before it's too late!

Linda Luckstead Benskin
Linda Luckstead Benskin
  • Andrés Rondón

Daniel Scott First, the raised rates only affect new loans, not the ones you already have (loans are contracts). You are in college and don't know this? Sad.

Secondly, I don't think whether or not I get a job after graduation is pure "chance" (luck). I am majoring in a field that is high need and learning all I can so that I can contribute to society when I graduate. Some of the income I make by doing so will go towards my loan obligations. Perhaps when you signed for your loans, you lied...

Daniel Scott First, the raised rates only affect new loans, not the ones you already have (loans are contracts). You are in college and don't know this? Sad.

Secondly, I don't think whether or not I get a job after graduation is pure "chance" (luck). I am majoring in a field that is high need and learning all I can so that I can contribute to society when I graduate. Some of the income I make by doing so will go towards my loan obligations. Perhaps when you signed for your loans, you lied and said you would pay them back when really you always intended to have your grandchildren take care of that for you, but I did not.

Daniel Scott
Daniel Scott
  • Andrés Rondón

Linda Luckstead Benskin I am halfway through my education to become a teacher (I'm lucky make $30k a year). What is sad is your assumptions. Do you know what they say when you assume something?
Some of the income will be going towards loan obligations? Yes, mine too. Enjoy your $600+ a month repayment for 10-20 years. I will not.

Linda Luckstead Benskin
Linda Luckstead Benskin
  • Andrés Rondón

Daniel Scott If you make $30k a year, why are you taking out loans at all? My daughter is a fulltime student living on $12k a year. I am a fulltime student and my husband and we live on $25k a year. The loans you already have are at the rates you are fighting for. Clearly you already spent a lot of loan money if you are looking at $600/month in repayment obligations. Please don't take out new loans - it is highly likely that you will not be able to pay them off.

Daniel Scott
Daniel Scott
  • Andrés Rondón

Linda Luckstead Benskin Okay, to be more clear: The average teacher makes $30k. The average cost per year to attend school is $14k so they say. After scholarships and what not, there is a $9k hole. After 4 years minimum the average minimum, this leads to a debt of around $40k. At the new interest level they are trying to push for, the average repayment (at over 6% interest) will be around $600 a month. This isn't my scenario yet. I do not make 30k a year now as a student, but after...

Linda Luckstead Benskin Okay, to be more clear: The average teacher makes $30k. The average cost per year to attend school is $14k so they say. After scholarships and what not, there is a $9k hole. After 4 years minimum the average minimum, this leads to a debt of around $40k. At the new interest level they are trying to push for, the average repayment (at over 6% interest) will be around $600 a month. This isn't my scenario yet. I do not make 30k a year now as a student, but after (average) 40k in debt, I can consider myself lucky to make $30k.
Also, if you read above, it does not say anyone's loan will be forgiven, except public servants who pay for 5 years instead of 10. FYI, the TEACH grant is under funded and unavailable.
Will you be the next teacher, or are you chasing the all mighty dollar?
Finally, please quit assuming as per last message. It makes an ass outta one of us.. anyways.

Daniel Scott
Daniel Scott
  • Andrés Rondón

Linda Luckstead Benskin EDIT: Loan forgiveness after paying 10 years... How long should people pay for their 4 years of education? For life? We've reached a point where there are no jobs, increasing tuition, and now higher interest rates?

An educated workforce furthers a nation, not war.

When is enough enough?

Linda Luckstead Benskin
Linda Luckstead Benskin
  • Andrés Rondón

Daniel Scott I quit a six figure job to return to school to become a teacher. However, teachers in Texas make an average of $45,000, not $30,000 - that is a big difference. Starting pay is not the same as what you expect to make after 10 years. The big problem is that the government incentivized high tuition and fees by making student loans so easy to get. Schools raised tuition and built expensive infrastructure, rather than keeping college affordable. The Government also lied to young...

Daniel Scott I quit a six figure job to return to school to become a teacher. However, teachers in Texas make an average of $45,000, not $30,000 - that is a big difference. Starting pay is not the same as what you expect to make after 10 years. The big problem is that the government incentivized high tuition and fees by making student loans so easy to get. Schools raised tuition and built expensive infrastructure, rather than keeping college affordable. The Government also lied to young people, telling them that all the jobs of the future require a college education. Who will repair your car, install your AC or fight your fires? Not a college grad with a big debt to pay off.

Daniel Scott
Daniel Scott
  • Andrés Rondón

Linda Luckstead Benskin Wow, we actually agree :), on most parts anyway. The last three positions can easily be degree positions. AA in Automotive Tech, HVAC is at minimum a cretificate, and Firemen tend to have a minimum of an AA in Fire Science. Those are just to get your foot in the door. AAs can put you back $20k, and certificates 1 year (depends) can be $10k. That's if you do not work full time while going to school full time.

Alan Alba
Alan Alba

Forget all this, education should be FREE...... after all, this is an INVESTMENT in AMERICA'S future not just the person. Without educated people in our workforce our system will continue to crumble.

Alan Alba
Alan Alba
  • Alan Alba

Illango Dhandayudham - NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Alan Alba
Alan Alba
  • Alan Alba

Jake Holmes - You must be in the upper income catagory getting bigger tax breaks, right. I tell you what, let us make education soo expensive that no one can afford it and watch or society fall. Education is over priced to begin with, but people that are RICH don't care about this bill since their kids are going to schools teaching them what lower income schools don't. 12 years of free school??????? My family pays taxes like everyone and better yet, all my family served in the military and...

Jake Holmes - You must be in the upper income catagory getting bigger tax breaks, right. I tell you what, let us make education soo expensive that no one can afford it and watch or society fall. Education is over priced to begin with, but people that are RICH don't care about this bill since their kids are going to schools teaching them what lower income schools don't. 12 years of free school??????? My family pays taxes like everyone and better yet, all my family served in the military and one gave his life. So no, there is NO such thing as Free, wake man.

Daniel Scott
Daniel Scott
  • Alan Alba

Jake Holmes Clueless.

Aeleque Sangraeia
Aeleque Sangraeia
  • Alan Alba

I find it very childish to run up a huge debt and then try to change the laws about it.

Alisa Duran
Alisa Duran

This bill sounds amazing but what is the flip side? I will have over $60,000 in school debt by the time I am done and I will be 43 this year.

Sam Doognivol
Sam Doognivol
  • Alisa Duran

Mine is 40,000 for my 4 year. Its a profiteering scam. Its sickening.

Audrey Stovall
Audrey Stovall
  • Alisa Duran

And don't forget the interest. The longer it takes to pay it off the more you have to pay. I'm 51 and I owe 29,0000 and it's still going up.

James Kilcoyne
James Kilcoyne
  • Alisa Duran

I feel ya, I will be 49 next year when I graduate, owing a paltry $65,000 to lil ole Sallie Mae.

Aeleque Sangraeia
Aeleque Sangraeia
  • Alisa Duran

phoenix is a rip off school.

Debbie Anton
Debbie Anton

I cannot back this petition for a number of reason. The people that are not able/willing to pay back their student loan obligations were brought up during a time that they got everything they wanted....cell phones, ipods, cars, trips, designer duds, and now they want college for free. No one made them take out a student loan. A loan is an obligation. The Obama administration is giving away free housing, healthcare, meds, cell phones , cash for cars, contraceptives...at this rate, we will be...

I cannot back this petition for a number of reason. The people that are not able/willing to pay back their student loan obligations were brought up during a time that they got everything they wanted....cell phones, ipods, cars, trips, designer duds, and now they want college for free. No one made them take out a student loan. A loan is an obligation. The Obama administration is giving away free housing, healthcare, meds, cell phones , cash for cars, contraceptives...at this rate, we will be a bankrupt country. Mortgagers do not want to pay their mortgages and now they don't want to pay back theirs/their kids student loans. When I graduated from college, my student loans got me off my ass and forced me to get a job and start making payments. How are college graduates EVER going to learn responsibility and hard work if they get EVERYTHING for free? Kids don't have to go to colleges that cost $100,000 in loans. They can go to state schools for community colleges, but they think they are ENTITLED to the best of everything. And their parents have ingrained this in their little brains their entire lives.....Just my two cents....You play, you pay. You ask for a loan, you do the ethical thing and pay it back...If you don't, someone will end up paying for it....probably the taxpayers, even the taxpayers that never even went to college or do not have kids that went to college. When do these entitlements end?

Debbie Anton
Debbie Anton
  • Debbie Anton

I don't get it either. At what point did everyone in the US expect everything for free??? It is mind boggling... and scary...Those of us that do the right thing and work to pay for our obligations/bad decisions will end up paying for everyone else...

Brandi Anton
Brandi Anton
  • Debbie Anton

Can I get an AMEN!!! Debbie...how do you know my cousin Danny Schalck? Danny...how do you know my cousin-in-law Debbie!? :) Small world...

Debbie Anton
Debbie Anton
  • Debbie Anton

Brandi Anton , Danny and I have known each other since I was about five years old....I knew he was your cousin...didn't we have this conversation ever???

Catherine Anton Neumann
Catherine Anton Neumann
  • Debbie Anton

Did you also know that the balance due on most government backed student loans are forgiven after 20 years?

Debbie Anton
Debbie Anton
  • Debbie Anton

That's because you don't get 20 years to pay it off..if it does take 20 years, you are either a lifer college student or a deadbeat..i my humble opinion

Wanda Heard
Wanda Heard

Keep me posted about student loan forgiveness.

Venkat Abraham
Venkat Abraham

Dear solve this issue, there should be unity among students among all universities in USA to fight for Justice with US court.

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