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Loan ‘forgiveness’ can foster poor degree choices, burden taxpayers

By Staff | Mar 14, 2024

To the editor:

I would like to support Mr. Lou Walker’s assertion (“‘Call student loan ‘forgiveness’ what it is: Vote buying by the Democrats’ published March 1) that loan forgiveness is the Democrats’ way of glomming votes from a naive student public. Obtaining a loan for a college degree is a personal decision and should be weighed very carefully before signing on the dotted line. The loanee should say to him or herself will a degree in ‘Popular Culture and the Media’ or ‘Trends in Contemporary American Puppetry’ (These are actual courses offered at some colleges) allow me to obtain employment at the end of my academic training? Will I be making an income commensurate with paying back the loans? The student’s thinking should not be ‘Well. I don’t have to worry about repayment, the Democrats will forgive my loan.'”

I went to law school and borrowed heavily to obtain a Juris Doctorate Degree. I studied hard and was admitted to practice law in two states. My law practice allowed me to pay back every cent I had borrowed.

Working and studying hard towards a recognized legitimate degree is an honorable goal in life. Forging ahead with borrowed funds, to obtain a degree where there is little to no chance of obtaining substantive employment, is truly a burden on the rest of society if they have to pay for your selfishness.

Steven A. Salz

Cape Coral