In response to:

Student Loan Interest Rates Set to Rise - As They Should

cajun1974 Wrote: Jun 26, 2012 11:53 AM
Really you stupid f**K? People like you are way out of touch with middle class America and what is going on. All in all, YOU are the type of person that is leading this country to the mud hole that is coming. Student loans have already crippled the economy, housing market and auto industry!! It's ok though as the middle class gets smaller jobs as yours will have to down size. So keep up the good work MR. Editor.
Rumi Wrote: Jun 26, 2012 1:40 PM
"Student loans have already crippled the economy, housing market and auto industry!!"

The things you learn on the internet.
Evan33 Wrote: Jun 26, 2012 12:11 PM
I don't think student loans can hold a candle to Medicare, Medicaid and SS when it comes to "crippling the economy"..... it just cripples the ego of the graduate because he's faced with the outcome of many decisions he or she has made years back :)
cajun1974 Wrote: Jun 26, 2012 12:22 PM
I understand taht many people do not see the crippling of the economy because they have a picture in their head of young graduates. Research the topic a little and see how many 60+ are still stuck in student loans. So on the thought of many americans losing their middle class status because student loans are for life, I would say yes it does stand in there with youir choices and the problem is growing!
Evan33 Wrote: Jun 26, 2012 12:27 PM
Hey man, sometimes when you make bad choices about how much to spend on college, you pay for it for a long time. Its like making a bad investment, stop expecting other people to pay for it because you "oops!"ed yourself into a lifetime of debt. Bad decisions bro, bad decisions.
CraigWBryant Wrote: Jun 26, 2012 1:34 PM
(1) Paying for an education to better yourself is never a "bad investment", whats said is what it has come to cost in America (2) No one is asking anyone else to pay their student loans back, simply saying lets not ADD to the debt they already owe, big difference there, I understand your right wing mentality predisposes you to believing that everyone is trying to dig in your pockets, but no one in this article or any of the posts insinuated anything near recommending that folks not pay their own debt, you're radical right wing-ism is clouding your judgement
On July 1, interest rates on federally-subsidized Stafford student loans are set to double from 3.4% to 6.8%. Both Republicans and Democrats are set to try to cut a deal to keep interest rates low for college graduates at a cost of $6 billion per year.

First, a little bit of background: in 2007, Democrats and President Bush signed what was meant to be a temporary cut in Stafford loan interest rates. Like so many government programs, what was once temporary now threatens to become permanent - and the government has increasingly taken over more and more of the student...