Government Was Just Kidding About Repaying Student Loans
The Department of Education is reneging in it's promise of student loan forgiveness. Cenk Uygur and Ana Kasparian, the hosts of The Young Turks, break it down. Tell us what you think in the...
========== THE DEPARTMENT OF EDUCATION HAD
CREATED A PROGRAM FOR STUDENTS STRUGGLING WITH STUDENT LOAN
DEBT TEN YEARS AGO. THE PROGRAM ALLOWED PEOPLE WHO
WERE IN STUDENT LOAN DEBT TO ENTER PUBLIC SERVICE JOBS
THAT WERE APPROVED BY THE DEPARTMENT, AND AFTER 10 YEARS,
THE REMAINING STUDENT LOAN DEBT THAT THEY HAD WOULD BE
FORGIVEN. FAST-FORWARD 10 YEARS LATER, AND
ALL OF A SUDDEN ALL THE PEOPLE WHO WERE ACCEPTED INTO THIS
PROGRAM GOT A LETTER FROM THE DEPARTMENT SAID THAT ñ THAT SAID THAT THE PUBLIC
SERVICE JOBS THAT THEY DID BUT MAYBE DIDN'T WANT TO DO
DON'T QUALIFY FOR THIS PROGRAM. LET'S KEEP IT REAL, THESE
STUDENTS WERE LIED TO AND COMPLETE THE SCAMS, BUT LET ME
GIVE YOU MORE INFORMATION. ALL RIGHT, SO, THE FORGIVENESS
PROGRAM OFFERS MAJOR BENEFITS ...