Letter to the editor: Loans not 'forgiven'
Letter-writer Rudolph Puchan ( “Student loan scheme dupes taxpayers” ) is ill informed. Student loans are not forgiven; loan payments can be reduced but the person has to fulfill certain requirements, such as working in a public-service job and making on-time monthly payments for 10 years. These people most certainly are not uneducated or unqualified. They either have low salaries in fields such as social work, psychology, criminology and education or they work in isolated parts of the nation
Some graduates are eligible for reduced payments but they still have to pay loans in full if they are not working in public service. If people don't pay their student loans, that non-payment follows them on their credit reports for their whole lives.
Maybe there should be more classes focusing on degrees and income in high school so students don't get stuck with worthless liberal arts degrees. It chaps me how Puchan refers to graduates as unqualified and clueless when student loan forgiveness is based on their income, not their education.