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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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JuniperEmz · 22-25, F
Colleges in the US (just my UK perspective) are bloated and obscene things - at least the biggest ones are - with over the top sports and amenities, and a huge bloated administration. Add in more demand and easy availability of student debt = costs go up. And up. Then up more.

(It's starting to happen in the UK too so I'm not just criticising you guys)

None of that is the student's fault.

Governments encourage people to go to university because idk even why, because it makes vocational careers seem second best.

But either way having university educated people is definitely a good thing (even if they study insane subjects, they tend to earn more and so pay more back in income taxes later in life; plus I'd rather see a trained doctor if I was ill!). So the state (ie in the US, the federal govt) should either limit the level of debt by setting fee caps, or wipe away X amount of debt (perhaps after a certain time period, so those who do immediatley get high paying jobs pay more of it back, which is kind of how it works in the UK right now).

I hope that's not too political, my point is I think forgiveness of debt is probs a good thing but it's not going to solve the problem by itself...the solution probably has a political aspect to it!
SW-User
@JuniperEmz make me their efficiency expert. EVERYONE with "Diversity" or "Inclusion" in their title would be gone by lunch
legodood · M
@JuniperEmz You certainly made several thoughtful points there.