Is federal student loan debt forgiveness fair?

I worked and paid 100% out of pocket for a bachelors degree, I feel like a sucker

why the uproar on student debt forgiveness what's not fair the Billions the Government sends to Ukraine to fund war

Let's teach the young that there are no obligations or consequences for their decisions. That will assure the nation a bright future.

“We know the key, the golden key to a better life” is the con they sell. Stop saying that it’s proven to not be true for the last 20years. Better life for them(the people like her giving the pitch) and colleges. Don’t let others think for you, find your own golden key 🔑 to a better life for you. You can still grow and experience the American with out going to college.

So what I am getting from this is that I am responsible for another human being who isn't family. My God, people raise your kids to be more responsible for their financial decisions. You have 18 years to educate them.

So now I'm the fool who paid all his debts through sacrifice and responsibility...

Maybe they should focus to lower college tuition instead of providing easy free money by loans that makes it EASY for colleges to continue to raise their rates….. just a thought …

Who cares if it’s fair. Many great things are unfair. Is it a good idea? I doubt it.

Student debt isn't about irresponsible young people taking out more loans than they'll be able to pay back. It's about a corruption cycle between loan companies, lobbyists, and our lawmakers, designed to make them rich and powerful — AT YOUR EXPENSE.

Student debt is the only debt that cannot be discharged through bankruptcy despite the debtors change of life circumstances. How is that fair?! It’s a debt you owe for life and it’s crippling. People attain a degree to better themselves and improve their options in the job market. Why should it be a financial death sentence?? Forgiving 10k-20k is not solving the problem, it’s a bandaid to a bigger problem.

You people voted for him 😂

Forgiving debt won't resolve the issue. The only way is to stop financing kids that wants to get a useless degree. All these people that still have a student loan 3 years after they had graduated probably have a useless degree or too lazy to work or have a really bad working attitute. Many also took the student loan and spend it on something else other than tuition. My son told me one of his classmate, put down for a new car using his student loan and he is not the only one that did that. Many also use their loans to pay for game console and finance their party life. "Your body your choice, your loan your payment"

Student loans should never have been handed over to private for profit institutions. They should have remained simple interest low rate Government loans, available to all students. Instead of “forgiving” student loans, they should just be reformed and fee restructured to that original model. It would mean people who have spent over ten years paying on loans with no change in principal debt would have most of their payments applied to the principal amount they borrowed instead of fees and interest. The problem is that Republicans have fought and opposed reformation and regulation for so long that it’s now a crisis level drag on the GNP of the country and prevents whole generations of college educated Americans from affording homes and families.

Wait until all these people find out that loan forgiveness qualifies as taxable income. No one wins in the end.

what about car forgivness , mortgage forgiveness...you could have went to community college .this plan sucks

I'm all for "If you borrowed the money then you should pay it back" but let's cut the s**t with "It's not fair for the tax payer that didn't go to college to have to pay for someone else's education" since when do politicians care about the tax payer?

The Executive branch doesn't have the ability to cancel Student loan debt, it was considered unconstitutonal by the US Supreme Court.

How can you survive on $75000 dollars per year this Lawyer know nothing about living on 75,000 a year.

Responsibilities for life choices.. at the age of 17? These kids are only 17 when they decide to go to college and take out loans when needed . They don’t even guide you on the best/successful degrees for success, they just make you pick one . For most teens it’s like goin in blind and it’s not fair…

no. it is inflationary and will mean that poor people have to pay debt for the high wage people