You two so-called moderators are ridiculous!!! Student Loan providers should allow situational grace periods for borrowers because it would be in their best interest. If someone cannot pay for their loan due to economic troubles or because getting a college degree is basically the same as someone having their high school diploma 20 years ago. What I mean or should say is that if they allowed this "grace period" people would have less to worry about and could actually use the time that they don't have to pay on them to better their career and "get ahead" through experience in the work-force. Therefore, they could more readily pay off their debt. Its not that hard to understand that concept. Its also called compassion/empathy/having a heart/understanding. Ya know, the market is now saturated with college degree's. They are a dime a dozen and it no longer makes you any better than everyone else applying for a job; therefore, the amount people that get paid what we were all raised as children to believe (That you can only succeed and get a good job if you get a college degree). That is no longer true; however, we are now indirectly forced/pressured/taught to go to college and you'll make more than enough money to pay back your loans. This is the main problem! Anyone who cannot grasp that concept is ignorant of societal trends and more than likely was given an opportunity to succeed after college so they convince themselves that they "earned" it, when in fact, they were given a means to pay it back. I'm sure you answer to that is "No, I worked hard to get where I am!' Yes, I agree, working hard is a part of it. Of course, if you are someone who hasn't been given an opportunity to work hard at a meaningful job then you are stuck in the facet of life that all of the people who were given chances complain about. As human beings, we always try to make ourselves feel better about our accomplishments by putting others down. Think about the saying- IN A WORLD FULL OF SAINTS THERE IS ALWAYS A SINNER - then tell me or lecture us or whoever on "their lack of responsibility of paying back their loans" or how they should have known better than to take out so much money to "better themselves" - A college degree used to be a means to an end - now it is just a means we are taught to achieve, just to get into debt the rest of our lives. There aren't enough jobs for all of the degrees that get pushed out every year. You do the math! Ignorance is bliss - so appreciate the opportunities you were given to all of you who criticize those who are not able to pay on their loans temporarily. I'm guessing you vote next to the letter "R" and have insensitive parents, liviing in a box your entire life and probably never stepped foot into a social services job.
Thanks