What's your take on student loan forgiveness?

Not your political take on it, but your gut level instinct take on it.

My take on it is that we need to do something about the cost of education, consider even if there should be for profit learning institutions and if so, how can we bring the costs in line with the realities of life for those struggling (financially) to get an education.

This 10 to 20k forgiveness program is fine, even in many cases needed, but I think it should be only the first step in a radical overhaul of higher education in the United States.

EDIT:

If you bring politics into the discussion I will delete your comment. If you start using labels, or start throwing insults, I will delete your comment.

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helenS · 36-40, F

Not a political comment, just a personal statement: I paid back everything I received as a loan, every singly cent. I would never accept anything as a gift from the government.

dancingtongue · 80-89, M

@helenS If you had a student loan in the U.S., you already got a gift because the government underwrote them and guaranteed them -- most could not have gotten them otherwise. Unfortunately, too many financial and educational institutions then saw it as a way to bilk the government, handing out loans indiscriminately in many cases, and outright fraudulently recruiting students with false claims of guaranteed jobs on completion and such in the worse cases. It is not a black and white, good and evil issue, with lots of blame to be shared including very poor oversight or controls by the government in how the loan programs were being administered by the private sector.