Students who find themselves in debt consciously made the
decision to create their situations. Despite the fact that the
economy is temporarily in a decline, they still owe the debt —
just as America’s debt is $14 trillion. To
moderate/eliminate/absolve the debt teaches the wrong lesson and
condones behavior that will not benefit the student throughout
life. Adults are responsible for their actions, socially,
personally and especially in business transactions. President
Obama’s plan continues to treat young adults as young children
and, in my opinion, solely for their 2012 vote. We all know the
economy goes through cycles. This downturn is no exception and
we will see economic improvement in the future, though when is
difficult to project. Leave the debt as is (though combining
loans for better interest rates makes sense) and allow students
to be responsible for their actions. The president’s meddling
with natural economic forces does not permit the “dust to
settle” and the system to get back to normal. I fir