Student Loan Forgiveness

The student debt is at $1 trillion and rising, the Student Loan Ranger is not surprised about the popularity of  the Student Loan Forgiveness Act of 2012. I think that this is a great thing to start because, some student took out loans and really didn't have the financial support to make it threw and its not always that case,maybe some students didn't have that type of parental advice or support toward college and the expenses of it. Many repayment stories threw decades leave some discouraged and questioning to the fairness of forgiving some debt and not others. The Student Loan Forgiveness Act would be retroactive!" That means those who already meet the requirements have paid at least 10% of income for at least 10 years and will be eligible for forgiveness as soon as it passes. Eligibility is a huge concern for some. The Student Loan Forgiveness Act's repayment and forgiveness plan only applies to federal student loans.So,you tell me is this the way to go or should students be penalized of thier actions or mistakes on loans.," Kantrowitz says. "You work for a certain number of years and any remaining debt is forgiven."