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MSNBC Guest Really Concerned That Student
Loans Can’t Be Forgiven If Education
Department Closes

Original Article

Posted By: snakeoil, 3/22/2025 10:15:07 AM

A panelist on MSNBC fretted Friday that the Trump administration’s decision to begin abolishing the Department of Education (ED) would make it impossible to forgive student loans. President Donald Trump signed an executive order directing Secretary of Education Linda McMahon to start shutting down the agency she heads Thursday, fulfilling a campaign promise, while announcing Friday that student loans would be handled by the Small Business Administration (SBA). MSNBC analyst Susan del Percio told MSNBC host Alex Witt that Trump was trying to “privatize” student loans.

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That would be tragic.

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Reply 1 - Posted by: MissNan 3/22/2025 10:19:15 AM (No. 1919322)
Student loans should be paid back, not forgiven.
39 people like this.

Reply 2 - Posted by: Northcross 3/22/2025 10:21:26 AM (No. 1919323)
and the problem with that is...?
35 people like this.

Reply 3 - Posted by: mossley 3/22/2025 10:25:53 AM (No. 1919329)
They took the loans knowing they'd have to pay them back. So pay them back.
36 people like this.

Reply 4 - Posted by: stablemoney 3/22/2025 10:36:46 AM (No. 1919335)
Obama nationalized student loans. They should be returned to the private banking system. It all is a step toward free college education.
31 people like this.

Reply 5 - Posted by: hershey 3/22/2025 11:53:39 AM (No. 1919366)
Wow, two winners in one stroke of the pen....gotta love it...
14 people like this.

Reply 6 - Posted by: snowoutlaw 3/22/2025 12:08:55 PM (No. 1919381)
I suspect anyone like MSNBC that wants to forgive student loans still can, just pay off the balances for strangers. MSNBC can surely afford it better than the average working Joe.
12 people like this.

Reply 7 - Posted by: Rather Read 3/22/2025 12:11:11 PM (No. 1919385)
When my daughter went to college in 2000, I knew I couldn't pay for it. I was working at the college she went to, so we got a discount on tuition. She got a Pell Grant too, and I ended up working my full time job and took a part time job as well. She also took a part time job. Between both of us, we got her through with no student debt although it about killed me.
15 people like this.

Reply 8 - Posted by: JHHolliday 3/22/2025 12:16:43 PM (No. 1919388)
I put my four children through college. Had to borrow some money to get the last one through and paid it back. Old cars, no vacations, minimal eating out and that was from the local pizza joint, no nice new clothes etc. etc. Where are my "reparations"?
16 people like this.

Reply 9 - Posted by: Daisymay 3/22/2025 1:05:50 PM (No. 1919407)
It's time these "Kids" grow up! You take the Loan out, you make the Payments. You get a Summer Job Lifeguarding or working in a Pizza Joint or maybe shoveling gravel somewhere. The Point is, YOU are responsible for the money you borrowed so you could go to College and have a great time and most likely come out with a Major that won't help you get a job at all. Then you can lay around for the next five years, in your parent's Basement (now your Apartment) and whine that you can't find the "kind of job" you need to pay off those loans. So, mom and dad do it for you! I've heard, and seen, happen more times than I care to count! So NO! We, the Taxpayers, should not be responsible for paying Student Loans! I would say Parents should take on that responsibility if they allow their kids to get away with not doing it themselves!!
8 people like this.

Reply 10 - Posted by: Deborah Grannet 3/22/2025 1:16:25 PM (No. 1919415)
I thought court decisions reversed efforts to forgive education loans?
7 people like this.

Reply 11 - Posted by: rushie 3/22/2025 1:25:02 PM (No. 1919420)
Poor kids get all kinds of help to attend college. Middle class kids get none. After Obama, it has really been a mess. I think if the loans were transferred to SBA and treated as disaster loans are, it would help everyone. Give them a time after graduation to get established and. Begin earning money, then start payment with loans at interest rates that are doable.
5 people like this.

Reply 12 - Posted by: mossley 3/22/2025 1:35:17 PM (No. 1919430)
Thanks to Obama, the cost of college skyrocketed. "Hey, the feds are backing the loans now! Let's jack up the prices."
5 people like this.

Reply 13 - Posted by: ladydawgfan 3/22/2025 2:08:14 PM (No. 1919443)
My parents sat all five of their kids down and told us that they could not afford to send us to college, that if we wanted to go, we would be responsible for paying for it. That settled, my eldest brother chose to work for the railroad, leading to his lifelong career as an engineer. He recently retired. My youngest brother joined the Navy, serving his time UNDER the seas in areas he could not discuss. My older sister married and had children, as did my eldest sister. Once my eldest sister's children were on their own, she went to college on her own dime, earning her MD in her 40's. I, myself, started college out of high school, quickly ran out of funds, worked for years at menial jobs and then started college in earnest at 32, eventually earning my Bachelor's of Architecture. I took out and paid for my own loans. My only gripe with the student loan process is this: when you take out a car note or a mortgage, you know up front what your monthly payment will be. When I took out my student loans, this was never disclosed to me, even when asked. Once I graduated and the loans came due, the monthly payment amount was shocking, to say the least. I think that disclosing this information beforehand, as well as letting prospective students know that student loans are not forgivable if you declare bankruptcy, will go far to discouraging students taking out massive loans for questionable majors ending in "studies" or crapola like that.
6 people like this.

Reply 14 - Posted by: Trump Won 3/22/2025 2:13:28 PM (No. 1919444)
Apparently, the leftists didn't get the message from SCOTUS that the government cannot just forgive student loan debt. And they cry that DJT ignoring liberal judges' unconstitutional rulings is a crisis.
7 people like this.

Reply 15 - Posted by: cor-vet 3/22/2025 2:52:59 PM (No. 1919457)
If you want a college education(?), pay for it yourself. Don't ask me to. I earned mine with a class trip to SE Asia in the early 60's.
6 people like this.

Reply 16 - Posted by: kono 3/22/2025 3:07:27 PM (No. 1919463)
Maybe having recent generations edumacated by the "education" department's dumbed-down curriculum sheds some light on how so many people could think it was a good idea for college loans to be covered by taxpayers.
2 people like this.

Reply 17 - Posted by: Strike3 3/22/2025 4:15:43 PM (No. 1919495)
If not for the closed-loop system, most college degrees would not give people an advantage in entry-level jobs. Careers like medicine and engineering are exceptions. Skipping that four year keg party and beginning your career four years earlier can be an advantage. If you stay single there is always night school to complete a degree later in your chosen field and often your employer will help with tuition if you are worth anything to them.
3 people like this.

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Posted by snakeoil 3/22/2025 10:15:07 AM Post Reply
A panelist on MSNBC fretted Friday that the Trump administration’s decision to begin abolishing the Department of Education (ED) would make it impossible to forgive student loans. President Donald Trump signed an executive order directing Secretary of Education Linda McMahon to start shutting down the agency she heads Thursday, fulfilling a campaign promise, while announcing Friday that student loans would be handled by the Small Business Administration (SBA). MSNBC analyst Susan del Percio told MSNBC host Alex Witt that Trump was trying to “privatize” student loans.
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