Owing to a serious misconception, almost half of college students recently polled believe they won’t be saddled with student loans soon after graduation.
According to a survey of 500 current college students conducted by LendEDU, a private firm that connects students and their families with student loans and loan refinancing, 49.8 percent believe they would be able to receive federal forgiveness on their student loans after graduation.
This belief is hardly justified, given the limited circumstances in which these loans can actually be forgiven.
The US Department of Education says that federal direct student loan borrowers can get off the hook if they enter public service jobs for a specified period of time, agree to teach in an underserved area, die or become permanently disabled, or if the school they attended shuts down while they are enrolled or within 120 days after they leave.
“The biggest exemption is the Public Service Loan Forgiveness Program, and very few students go into public service,“ said Nate Matherson, who co-founded LendEDU in 2014.
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Clueless snowflakes lol maybe its a excuse to stay in mommys basement till 46.
ReplyDeleteliberal kids..... someone has to pay for your loans. Obama is gone deal with it.
ReplyDeleteA common problem with snowflakes. They feel entitled to free stuff
ReplyDeletebunch of entitlement bums. I had to repay all my college loans.
ReplyDeleteGood luck, kids!
ReplyDeleteBut my overweight mommmy and daddy told me I do not owe money
DeleteThey will be forgiven,when you pay them off.
ReplyDeleteIf Any Are Forgiven > Then we all should get to go for FREE
ReplyDeleteHell if we knew this would happen / we All would have gone
to college ........Not fair to the ones of us who could not
afford to go......if these loans are forgiven
Forgive my mortgage and car payments too while your at it !!
Momma always told me life is not fair and this world owes you nothing.
ReplyDeleteI bet they voted for Obama and Hillary!
ReplyDeletecollege loans are the only debt that will follow you beyond the grave
ReplyDeleteThen get 3 jobs or dont go to college.
DeletePay them Back like the rest of us !!! No Free Rides Yo !!
ReplyDeleteya'll wanted to play / now you pay !!!
ReplyDeleteLife ain't a PARTY / Grow up to Reality >> You must PAY !!
ReplyDeletegotta pay to play...did you get a degree in snowflakes and the clashing culture.
ReplyDeleteIf you don't pay you're parents will. Now if your parents have to bail you out they will raise the rent of your basement apartment.
ReplyDeleteIf you don't pay you're parents will. Now if your parents have to bail you out they will raise the rent of your basement apartment.
ReplyDeleteLet the libs in La La Land pay their debts.
ReplyDeleteHAHAHAHAHAHA POOF go the loans? AHAHAHAHAHAHAHAH Some education you have received, I imagine business classes were NOT included??
ReplyDeleteSHEESH!
Snowflakes may become our future window lickers - sorry kiddo's you still need to PAY!!!!!!!!!!!!
ReplyDelete