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Forgive Student Loan Debt

Created by R.M. on September 22, 2011

If Student loans are forgiven for those of us who have gradutated college but are still plagued with this debt would stimulate the economy by increasing cash flow to hundreds of thousands of individuals whose main goal was to get a college education. At the very least make the interest rate for student loans 0% and give us a fighting chance to alleviate the debt and not have to pay on our education for 30 years. The average college student with student loan debt is paying anywhere from $350 - $600 in student loan payments and this money could really stimulate spending in our fragile economy. This money could be put used for mortgages, credit card debt, purchasing vechicles, investing or spending in the retail market which would stimulate our economy.

Education
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