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FOXNEWS Cashin In April 21, 2012

forgiving the loan is doing nothing but putting the burden on the taxpayer and starting the bubble all over. >> she makes a great point about the cost issue. 55% of kids are graduating with student loan debt, a big burden on them. should we forgive it as they want to do in d.c.? >> one of the unfortunate things is you cant file for bankruptcy on a student loan. youre prevented. they can go after you for the rest of your life. that should be changed. because this is a -- this is the fas...
United States New York Tracy Point Henry Ford District Of Columbia David Audi

FOXNEWSW Cashin In April 21, 2012

is it horrible for taxpayers? >> my heart bleeds for the students carrying these loans. the average is $28,000 but its not going to create jobs, its not helping the problem. the problem is lenders will give loans to anybody with a social security number. and schools know this so they keep raising tuition knowing the kids can get funding. they raise tuition during your four years there. thats the unfair part. forgiving the loan is doing nothing but putting the burden on the taxpayer and...
United States New York Tracy Point Henry Ford District Of Columbia David Audi

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