Monday, February 15, 2010 recently launched the 2010 Ideas for Change in America competition.

One idea is titled: Eliminate All Student Debt. I thought you might be interested in getting involved and recommend you check it out. You can read more and vote for the idea by clicking the following link:

The top 10 voted ideas will be presented at an event in Washington, DC to relevant members of the Obama Administration, and then promoted to's full community of more than 1 million people.

There is an opposing view to NOT eliminate student loans which is just silly.

Boo student debt!


Ben said...

Very interesting! I posted an alternative suggestion under 'Jobs and the Economy' because I think that is where new grad debt forgiveness would really have the most impact. My suggestion is to forgive Technical School and Graduate school debt but not debt from college. That may seem strange but I think it would be a better incentive system for people than an across the board debt eraser. Also, those that could not afford college could come out of Technical school debt free, provide a valuable service in the interim, and, if desired, immediately begin saving for college. I think that this system would promote planning and financial responsibility across more segments of the population as well as quickly seeking to meet societal needs across all tiers of the economy. I could certainly be wrong, but this sounds more effective to me. ~ben

Bridget said...

I agree with Ben. Many states already offer very cheap undergrad tuition through lottery funded scholarships to those with good grades like the Florida Bright Futures Program or Georgia Hope Scholarship.
I was shocked at my PT school interview during the session on financial aid. A rushed looking guy just walked in the room and said "Financial Aid, basically there isn't any". The jobs that are needed are those that often require graduate degrees. Also, how about not making school so expensive in the first place? Just my thoughts.