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Dawn Merchant
Dawn Merchant

Yeah baby, agreed. Those spoiled rich kids use to say "D is for Diplomia". While I worked full time & had to maintain my GPA to keep my scholar ships. Interest is just a nano bite embedded into the system. They've to keep feeding the beast so the wealthly can just eliminate the

Muhammad Umar
Muhammad Umar
  • Dawn Merchant

what is your college or University ?

Ken Manthe
Ken Manthe

Where is the petition? Do these people even know the definition of the work?
If you want an education, prepare to pay the price! Quit your whining. There are no free-bees!

Tricia Hedahl
Tricia Hedahl
  • Ken Manthe

Forgive me for judging, but by your picture I'd guess that you would have attended college in the 80's at latest when many loans were simply forgiven and real-dollar costs were about 1/3-1/4 of today's costs. So, easy for you to say, right? The burden on students is much higher than in the past and jobs are scarce. This petition isn't about working hard or not. Its about interest rates and their burden on grads.

Bruce Emmett
Bruce Emmett
  • Ken Manthe

Great grammar Ken, glad to see you paid so much for your education?!?

Dan Lapensee
Dan Lapensee
  • Ken Manthe

When you don't have an intelligent response attack the poster and/or his grammar? Just remember the old adage, Bruce, about people who live in glass houses.

Cindy Ruszala
Cindy Ruszala
  • Ken Manthe

I am a Family Practice Physician, and I work hard. I have over > $150,000 in debt. With time and the high interest rates, it will nearly double by the time I pay it off- which is still 25 years from now and I've been paying for 10 years. I will gladly pay back WHAT I was loaned, but double? That's ridiculous! Pay the price? I'll be paying my loans until I retire, I believe that's too high of a price.

Stephanie Fisher
Stephanie Fisher
  • Ken Manthe

I received an education and have been working 2 jobs to barely make ends meet with my 4 year degree that includes payments of more than 50% of my monthly income. I would appreciate if you wouldn't categorize everyone who is trying to get some relief as lazy and not wanting to work hard to pay off their loans...I have worked my ass off since leaving college (60-80 hours a week) just to barely get by and pay off these loans! I get that you need to pay for an education, but this isn't about...

I received an education and have been working 2 jobs to barely make ends meet with my 4 year degree that includes payments of more than 50% of my monthly income. I would appreciate if you wouldn't categorize everyone who is trying to get some relief as lazy and not wanting to work hard to pay off their loans...I have worked my ass off since leaving college (60-80 hours a week) just to barely get by and pay off these loans! I get that you need to pay for an education, but this isn't about not wanting to pay for it. It's about a payment that is so astronomical my paycheck barely pays the bills. So maybe you should be more informed before making such a rude comment. I'd like to see you step in my shoes for a month and see how you feel at the end of it! >:(

Steve MacIntyre
Steve MacIntyre
  • Ken Manthe

Where were you when we gave trillions of dollars to Goldman Sachs?

Keith Charbonneau
Keith Charbonneau
  • Ken Manthe

Hey Ken this is about the outrageous rates banks charge on student loans. Not about not having to pay them back. And I bet Tricia was right in saying what she said. I bet you went to school before the 80's. And I wonder, if you ever did go to school, or not, and if you did, did you repay your student loans. Because up until the 80's people could default on their loans and not have to pay them back. Which is why they put into place all sorts of new laws like, garnishing your wages, social...

Hey Ken this is about the outrageous rates banks charge on student loans. Not about not having to pay them back. And I bet Tricia was right in saying what she said. I bet you went to school before the 80's. And I wonder, if you ever did go to school, or not, and if you did, did you repay your student loans. Because up until the 80's people could default on their loans and not have to pay them back. Which is why they put into place all sorts of new laws like, garnishing your wages, social security payments, and not being able to put them into bankruptcy. Today you can't do that and they have the right to charge you outrageous interest rates on your loans. Most loans are variable rates and can be higher than 10%. I took out $69,000 to go to school for 3yrs and by the time I left school I had already accrued $30,000 in interest. They should do like in Canada. Charge a low rate like 3.5% and not allow any interest to be compounded until after you've finished school so that if you pay any of it back while in school, it goes all to the principal borrowed amount and not to interest. And what cracks me up about the dumb laws they passed. If you do pay any amount back on your loans while still in school, the interest is not tax deductible.. Talk about stupidity.. It's almost like telling a home owner that, if they live in the house that mortgaged the interest in not tax deductible.

Lewis Vaughn
Lewis Vaughn
  • Ken Manthe

You didn't understand the math when you took out the loans?

Ken Manthe
Ken Manthe
  • Ken Manthe

I went to a short term technical school then went to college while working a paying job while paying off the first school loan. I spread the education out over time and built up experience that made it easier to land the profession that I went into.

Ken Manthe
Ken Manthe
  • Ken Manthe

The whole idea of borrowing mountains of money to get the best education you can all at once, then trying to get a job that earns plenty to pay off the loans is short sited, naive and does not make sense in this economy and job market. Take your lumps, work hard, and things will work out. It just takes time!

Karen Brister
Karen Brister

I owe 16, 000+ to student loans, over half of it is interest! I have tried to reason with these people. I've been on SSDI for 7 years, and there is no way I can repay that loan. I've paid some, but things change. When I was contracted at Sallie Mae, my doctor (s) filled out 4 discharge forms, and they rejected every single one of them, for one reason or another. It was crap! They just don't want to discharge the loan on economic hardship grounds. Now they are calling me, and they don't...

I owe 16, 000+ to student loans, over half of it is interest! I have tried to reason with these people. I've been on SSDI for 7 years, and there is no way I can repay that loan. I've paid some, but things change. When I was contracted at Sallie Mae, my doctor (s) filled out 4 discharge forms, and they rejected every single one of them, for one reason or another. It was crap! They just don't want to discharge the loan on economic hardship grounds. Now they are calling me, and they don't accept a payment that I can afford-$25-$50 an month. That's stretching it. No, they want $400-500 a month. I got tired of dealing with them, so I don't anymore. I don't know what to do with them. I need the money, but they don't seem to want to help with paying it back. They aren't paying attention to circumstances, income in, bills out, and what's leftover. I'll be damned if my child is going without food, or necessities, to pay those Nazi's back!

Allegra Calderaro
Allegra Calderaro

I have been saving money for years and years and years in order to follow my dreams. From high school on, almost every dollar I made was stashed away. After bills and paying for as much of my college out-of-pocket as I could afford, I just barely have enough to do what I want to do. However, now my loans are due (and my loans are considerably low in comparison to most peoples'!). And my years and years and years of working constantly, skipping outings with friends, resisting material...

I have been saving money for years and years and years in order to follow my dreams. From high school on, almost every dollar I made was stashed away. After bills and paying for as much of my college out-of-pocket as I could afford, I just barely have enough to do what I want to do. However, now my loans are due (and my loans are considerably low in comparison to most peoples'!). And my years and years and years of working constantly, skipping outings with friends, resisting material temptations feels like it was all for nothing. All that money is now claimed by debt, and my dreams shall remain just that. "American Dream"?? Who can afford that when you have to pay so much for your own RIGHT to an education?

Wade De Loe
Wade De Loe

I owe 240,000. The fed student loan company says I will pay 127,000 in interest over the next 20 years. I left home when I was 16 to get out of an abusive household and had to get a GED. I was the first person in my family to go to college. My mom had to drop out when she was in 8th grade and take care of her mother. I thought I'd never go to college, but I did. Unfortunately, I can't get a job. I was just turned down for a 1500 per month stipend job with americorps to work with the...

I owe 240,000. The fed student loan company says I will pay 127,000 in interest over the next 20 years. I left home when I was 16 to get out of an abusive household and had to get a GED. I was the first person in my family to go to college. My mom had to drop out when she was in 8th grade and take care of her mother. I thought I'd never go to college, but I did. Unfortunately, I can't get a job. I was just turned down for a 1500 per month stipend job with americorps to work with the parks department. All through college to become an acupuncturist I was led to believe that I would be earning 100,000 per year once licensed. Unfortunately, Obamacare doesn't reimburse acupuncturists for their services. The BLS doesn't even consider us a profession! So how and why does the gov dole out huge loans for school if we can't participate in loan forgiveness for healthcare workers? Its humiliating and I feel like a failure, but I just have to keep on looking for work.

Trina Cooper
Trina Cooper

I should owe 70 thousand on my student loan. I have paid off about 50 thousand, but due to compounding interest from being unemployed, I now owe 200,000.00$

Andrea Stundtner
Andrea Stundtner

going to school is way to much money and very hard to pay back! I don't expect the goverment to pay all of it but many people don"t finish school because of the cost and how hard it is to pay back with monthly payments being so high, most of us can't afford the payments! It is a shame that goverrment doesn't put education on the top of the list!
education should be #1 other wise who is going to be elected for any office of the goverment!

John Browne
John Browne

You want a doctorate in how to pick your nose properly? Pay for yourself.

Fofuca Ileana
Fofuca Ileana

not the best example of America by the rest of the world.
as a parent I'll keep children home and teach them to think positive and pray with heart respecting nature and the next.
we were born different and our education should be a discussion and not a doctrine, we'll just have to experience that for which we were born and came here.

Diane Croce Fairbanks
Diane Croce Fairbanks

Keep our colleges from making them to expensive to attend. We need higher education.so lets be reasonable & keep students able to handle this without squeezing them dry.

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