Student Loans

I have 'em. So do very many people. The problem I have with OWS is the idea of 'debt forgiveness'. We are all adults and we contracted for this debt. That we owe the money totally sucks, but we did get the fun of spending the money.

What does need to happen is to allow student loans be written off in bankruptcy. That isn't the same as debt forgiveness. Bankruptcy wrecks your credit rating. The value of your property gets applied to your debts. There are other consequences as well.

Bankruptcy makes sense. Forgiveness does not.