However, some students simply will never earn enough to pay back massive debts. If there is a looming student debt crisis (as Suze Orman predicts), then we are all in big trouble. Furthermore, a crisis of that proportion cannot be explained by recourse to “deadbeat students”. Something larger is happening: We have been sold the idea that education equals security, and that is no longer the case.

This is not about deadbeats, this is about a societal shift, and we had best recognize that fact.

However, some students simply will never earn enough to pay back massive debts. If there is a looming student debt crisis (as Suze Orman predicts), then we are all in big trouble. Furthermore, a crisis of that proportion cannot be explained by recourse to “deadbeat students”. Something larger is happening: We have been sold the idea that education equals security, and that is no longer the case.

This is not about deadbeats, this is about a societal shift, and we had best recognize that fact.

However, some students simply will never earn enough to pay back massive debts. If there is a looming student debt crisis (as Suze Orman predicts), then we are all in big trouble. Furthermore, a crisis of that proportion cannot be explained by recourse to “deadbeat students”. Something larger is happening: We have been sold the idea that education equals security, and that is no longer the case.

This is not about deadbeats, this is about a societal shift, and we had best recognize that fact.

However, some students simply will never earn enough to pay back massive debts. If there is a looming student debt crisis (as Suze Orman predicts), then we are all in big trouble. Furthermore, a crisis of that proportion cannot be explained by recourse to “deadbeat students”. Something larger is happening: We have been sold the idea that education equals security, and that is no longer the case.

This is not about deadbeats, this is about a societal shift, and we had best recognize that fact.

However, some students simply will never earn enough to pay back massive debts. If there is a looming student debt crisis (as Suze Orman predicts), then we are all in big trouble. Furthermore, a crisis of that proportion cannot be explained by recourse to “deadbeat students”. Something larger is happening: We have been sold the idea that education equals security, and that is no longer the case.

This is not about deadbeats, this is about a societal shift, and we had best recognize that fact.

I don't believe that we should randomly forgive student loans. That's not what Chris proposed. What he is proposing I agree with but agree further with your conclusion in the thread above. THAT is a workable solution that doesn't take money without giving it back.

The confusion is a result of me talking about two different things, student loans and the market as it stands and it's effects. I'm sorry for not making it abundantly clear that I was speaking about both students repaying their loans and unemployment of everyone, as well as money, it's value and current trust levels.

There are so many things at play here, so many pieces of the puzzle.

I do want to drive home the point that money has value sure, it has less value right now because trust has been ditched. What's going on now is an attempt to find a solution to fix both. Unless all the wheels start turning again we're going to keep heading down the crash and burn path where it won't matter what the dollar was worth but what currency we'll trust next.

FWIW, I'm writing this in the dark right before bed, but I wanted to send you a response tonight.

Are the businesses getting the bailout money required to pay it back? I'm assuming so. If not, then inflation should be through the roof. Or.. are we assuming that many of these businesses will fail anyway, and the government never gets back the money?

I totally understand the employment side of things though. Anything that creates jobs, and increases consumer confidence is a good thing.