Can we get that for my house, my car, my credit cards? All of these required someone to sign and say they agreed to pay back with X interest. I would assume most college grads don't live below the poverty line. What about the young family that does who bought a car at a buy here pay here lot at 15% interest rate and the motor just blew? Can they apply for forgivness? Of course not, that would be silly! Nope, they get to roll that loan into the next loan (If they can get approved) and are told "You wanna make more money? Go to college!". LOL America....