Won't someone [i]please[/i] think of the poor loan sharks?

But seriously, yes, I do, and yes millennials and gen z deserve a break, we've been getting shafted for decades now.

It's probably different for different countries, but in mine the student loans are provided by the government and administered by the tax department and people are only required to make payments when their income exceeds around $57,000 per year. The payments are automatically deducted from a persons pay like tax is and the amount is a percentage of their income. So cancelling the debt doesn't seem necessary... here at least.

I do not.

I would support creative and alternative ways to fund student's interest in higher education like serving in the military or another line of service like the Peace Corp or Habitat for Humanity to earn money and/or credits for a college education.

Cancelling student debt is a waste of money bailing out people who knowingly borrowed the money and signed legal documents promising to repay the debt.

No.
It's not right for taxpayers to pay for the buyers remorse of others.

The younger generation in particular needs to learn that lesson.

Are we doing someone's homework? 😉

Yes, a large portion, if not all of it, should be cancelled. For-profit colleges now account for 11.8 percent of all undergraduates. Those are the universities who'll happily take your cash in return for "real life" credit toward a degree that could be earned for $500 at a trade school.

The cost of tuition, too, has skyrocketed in proportion of the cost of living, so it costs more than ever to attend college and it was too expensive 30 years ago. In the 60s/70s, a kid could work a summer job and pay for a semester of tuition.

And then there's the discussion of investment. Skilled labor is great, but here in Florida we've got reporters who don't grasp simple English, teachers with atrocious grammar and a generation of, well, idiots who have command - on average - of 2,000 fewer vocabulary words than their old companions but brand new 2K rims. Maybe if we honored education and progress a little more and made it accessible with the expectation it will be funneled back into society, we'd have a generation of engineers and architects instead of game-coding wannabes.

Maybe a program not unlike a domestic peace corps would bridge the gap. Got $120K for tuition? Great, but if not pledge two years to working at least part time as part of an infrastructure or healthcare programs.

This is not hard. Dozens and dozens of countries seem to be able to manage it. Obstinance is really the only thing standing in our way.

no, because it's lunacy to instead put that burden on taxpayers who are already struggling in todays shit economy...

Yes. That debt economically paralyzes every one who carries it.

Nope. If the students don't pay their debts who gets stuck with them? The taxpayers? Not acceptable.

A further symptom of what our founding fathers feared. What happens when people no longer vote for what is best for society at large, and begin to vote themselves advantages … it’s a never ending cycle downward.

Pay off my debts, pay me a wage to do nothing but vote, give me the necessities (food, water, shelter, oh and a cell phone)

We all get to pay for our own decisions. They chose to go into debt, they can pay it off. I see no reason why it should be taken from taxpayers.

Nope. You borrow the money, you're on the hook to pay it back.

No. If your family cannot afford to put you through university, then you work elsewhere and save the money to put yourself through university. Why the hell should you get a free ride on the tax payer who mostly couldn't afford university themselves.

Yes I think education should be free for all .I think its about time that no matter your class you should all get the same standard of education.

and who would pay their debts? taxpayers?
I dont believe others should have to pay for peoples education past of high school

No the debt shouldn’t be cancelled. A college education is not a right. I’ve already put two through college by saving, cutting corners and denying myself luxuries so I could put my two kids through. I don’t hear anyone talking about paying me, or parents like me, back the money we spent. And it’s not fair that I and people like me have to contribute to any other person’s education.

My feeling is if student debt is forgiven, what does the government tell those who’ve already paid their loans back? The government going to refund their $$$?

Not universally, unless it is tied to free college tuition for future generations. That said, there has been a lot of predator abuse of student loan programs -- particularly by for-profit educational & training programs -- with false guarantees of paid jobs at the end, fraudulent claims that it is a government-paid program to help get people off disability/welfare programs, etc. And these keep getting compounded by penalties and interest that will never be collected. These should be forgiven and the money wasted on efforts to collect diverted into prosecution of the predatory institutions. But those who simply made stupid choices in going so heavily into debt shouldn't get any more breaks for it being student loans than credit card debt or car loans or whatever.

No. They need to start out in life by figuring out what bathroom to use. Then they need to work multiple jobs to meet the financial obligations they've committed to just like I did.

Universal, no - but something needs to be done, and I want to see public education funding to return to what it was. I got a world-class STEM education for a couple grand a year and it wasn’t even that long ago - got out in ‘06.

This is a self-created problem that Amerifats made for themselves after the Great Recession. It’s easy enough to fix.

No, if people are allowed to scrub $××,××× of debt, Everyone should qualify, not just student debts.

I do indeed. In today's society, a high school education is no longer even remotely sufficient, largely because of the dumbing down of American culture coupled with an increasing demand for educated employees. This makes it impossible for the younger generation to get jobs beyond menial entry level nightmares, and ensures that they will be in debt for decades to come should they try to better themselves.

The ridiculous repayment system needs to be revamped - fairly - without the exorbitant, unfair interest structure, but no, I am not in favor of debt cancelation. Nothing is ever free. Someone, somewhere, always pays.

No. Because if they aren’t paying for they’re own education us tax payers will have to.

The students were not under obligation to incur the debt so as adults they are obligated to repay said debt. There is no justification for taxpayers to pay those debts.

Yes, but with some caveats:

1. Create provisions to pay the government back, interest free, when one's income level reaches a certain level.

2. Limit future student loans to no more than one 1-2 years of potential income, given the chosen field of study.

We can pretend that making them pay somehow, will solve the problem. But that's a pipe dream. It's best to accept reality, and stop pretending that it's left or right issue, it's not like a "right" government is going to solve the problem. You can't make people pay money they don't have.

And the students who chose less expensive schools, and the parents who took out second mortgages, and the kids who fucked around for 4 years, or those who choose not to work, what about those with debt more than a few years back, and what about next year.

Forgiving debt freely incurred is absurdly unfair to those who decided not to do so, or for those who sacrificed so their kids would not have such debt.

Yay! I was also thinking, let's extend it to mortgages also 🥳

Fuck that shit - I paid mine back. Now they can do the same

What schooling I was able to afford, I paid for out of my paycheck from my Day Job.... 18 to 20 hour days was tuff but I paid for it all and why should I pay for some of the bullshit we see today? Not happening.

Public college debt, but not private school debt.

I'd support a renegotiation of outstanding balances perhaps but not outright cancellation. Are we going to expect the underwriting financial institutions will forgive debt? Of course they won't. Someone will pay for what the graduating students don't and it's going to be the taxpayers.

The federal government should have never gotten into the loan guarantee business in the first place. All that did was allow colleges to jack tuition costs, knowing someone would pay for it. Back in the late 1970's a good friend of mine got his BSEE from Cal Poly working during the summers. No loans, no family help. Now? Now way.

I don't care what anyone tells you... especially these candy-man politicians wooing votes... there is no such thing as a free lunch. Someone, somewhere, has to ultimately pay the bill.

I think younger generations should understand the value of money.

By cancelling them , it gives them an opportunity to be casual towards life and other responsibilities.

Even though I could afford to my son’s fees for his University program , I have told him to get loan from the Govt.

He will pay once he starts earning.

NO, why should the tax-payers pay for everything

When I went to a state college in the 1980s it was like $500 a semester. Kids have it really hard compared to previous generations.

You mean I'm going to get back that $600,000 I paid for my daughters and my college eddukation?

Hell no, it is nothing but a sad attempt to get more votes for democrats. The spending of money we don’t have will destroy this country.

Yes - I support it only if the doctors and lawyers and other college grads support universal cancellation of their fees.

Considering how ridiculous the cost of living in general has become, especially education, I could definitely support that. The fact that most young people graduate from college with debts that keep them from being able to afford [b]homes[/b] would indicate a breakdown somewhere.

Sure I’m good with it, let’s encourage that generation to succeed rather than make things impossible.

Nope one must carry through on a contract

No ,it’s a bad idea. In fact it’s destructive.

Did they sign the loan papers?

Yes, and they should forgive mortgage debt also

i believe we need to catch up to the rest of the world and give free education to the college level . after that they should pay
as for the past . it is a problem when private loan company's get rich off the interest they charge. so yes to a extent. we do need to get rid of the student debt. like pulling a scab off a wound so it will heal. it will hurt at first then things will get better.

I wasn't expecting a break, so I didn't go.

Oh we have to help all the "woke-ers" thru life.They've been so abused.

No. The cost of that debt falls back on taxpayers. I worked since I was 12 to save money for my college education, my wife and I have six kids four of them paid for their own college education by working all through high school and summers while in college and two went to vo-tech schools which they paid for themselves. All of them paid for their own cars and were all out of our house by 18 years of age. Today's pampered snowflakes need to pay their own way and their parents need to get that through little darlings heads at an early age. There are a lot of jobs out there that do not require a 4 year college education to make as much or more money than those that do get one. I graduated from college with a degree in education and never taught but worked jobs that paid more than teachers and then started my own business making over $150K per year.

Why should they get a break?