xzcvzcvx wrote:
Loan forgiveness is very much a Democratic position to hold, so you are clearly a non-Democrat trolling here. Loan indebtedness is at a staggering level, and is an enormous problem both individually and collectively, the kind of thing that crashes people's futures and can even crash the economy, given just how big it is. College has become too expensive and should instead (public college) be heavily subsidized, as in Europe, because it is fundamental to our economy and to the success of individuals--even longevity. Free public college should be next. You think this harms those who paid their loans. I paid my loans and I don't object to this program in any way. It helps everyone by aiding the economy. Frankly, the level of debt only served the interests of banks and credit card companies. Try raising a family when college debt takes up much of your salary.
You cannot see the forest through the tree obstructing your vision. Colleges and universities have raised tuition at a rate far above the rate of inflation for many decades now largely because the US Federal government has guaranteed student loans without constraining the schools in any significant way. How counterproductive for the government attempting to provide education access to all! While perhaps improving access to some, the government intervention has allowed for the huge increases in tuition to astronomical levels, which deters pursuit of college education.
Imagine if the schools had to provide the loans to students! That way, the interests of the schools and the students would be better aligned. But as it is, the schools are in a better position to fleece students and their families.
