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Seattle Times letters to the editor

Topic: Rick Peterson

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June 13, 2014 at 7:02 AM

Student debt: Debt forgiveness disincentives individuals

I am writing in outrage at President Obama’s proposal to give “free” money to voluntary debtors [“Prodding Congress, Obama acts to ease student debt,” Nation and World, June 9]. Just like the prior student loan-forgiveness program, it would unilaterally modify contracts between private parties, who have voluntarily agreed to a loan-and-repayment contract. It applies retroactively…

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