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User Info Spouse's Student Loans; entered at 2012-06-23 15:51:21
Swingtrader
Posts: 9108
Registered: 2007-08-12 United Oligarchic Goldman Sachs States of America
Quote:
do you not think that in order to get people to buy the ageing/dieing boomers houses they will start erasing the loans?


Possibly. They also may start balancing the budget.

There is a huge education industry out there with tremendous political pull. They are dependent on these loans. Start erasing balances, and they will believe it will lead to decreased student aid.

Hell, I don't think there should be federal loans for post secondary education. But there is no way I suggest to someone that they are likely to be forgiven or a debt Jubilee for them.

I would dare to suggest that the post secondary education industry is more politically connected than real estate and construction.
2012-06-23 15:51:21