A member has suggested an addition to the Centrist Independent Voter policy position on higher education. The suggestion is to make federally financed student debt dischargable in bankruptcy. In addition, in order for students to be eligible for federally financed student loans, their educational institution must agree to reimburse the government for 1/2 of any loan balance discharged or forgiven by the federal government under the original terms of the loan.
Obviously, a great many students would be technically bankrupt on graduation, so some kind of delay on allowing the debt to be discharable in bankruptcy would be necessary. I would suggest 10 years, but that is just an arbitrary suggestion.
The Centrist Independent Voter Political Action Committee, Inc, also known as CIVPAC, was founded in 2011 as the "New Independent Party." CIVPAC is a non-profit Political Action Committee focused on moving the existing political parties toward the political center.
CIVPAC's purpose is two fold: 1) to promote centrist, compromise, solutions for difficult public policy problems and 2) to promote the candidacy of moderate candidates, including Democrats, Republicans and independents.
The logo is from Goya's "The Sleep of Reason." The inscription on the stone reads "The Sleep of Reason Produces Demons."
View all posts by Centrist Independent Voter, PAC