Student debt is a poverty tax on low income families

Students who have to take out loans to go to school wind up paying more than rich people who just pay out of pocket up front.

Ultimately, it's a form of punishment for being low income and wanting higher education.

Correct?

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ChipmunkErnie · 70-79, M

It's life -- some people have trouble living with life. But if we want to "forgive" student debt, I think that forgiveness should be based on the person's income AFTER graduation. Got a good job making a couple of hundred thousand a year after college, you should be paying off your debt. Unemployed, no income after school, forgiveness might be in order.