On Student Loans– 2% Plan

I was chatting with a couple today in the pool and the conversation drifted to work and student loans. They both graduated from state institutions, they both had to take out student loans, and they both are faced with reality of using their money to pay off debts rather than using their money to purchase a home and  provide work to dozens of men and women. Republicans declare that if young people were foolish enough to go to college, they are left with the debt.

We propose a solution to the issue of student loans. We propose that those entering college be offered the following: free college tuition for life in exchange for paying 2% of gross income to the federal government for the rest of their lives. For those entering college, an alternative would be two years of public service in exchange for free college education.

Restore the American economy by shifting from repaying student loans to paying for new homes!!