If we are going to forgive loans, let’s prioritize public employees, low-income earners (especially those with dependents or who come from less privileged households), and people who didn’t finish their degree programs (particularly those who had little to no control over their situations). We have existing structures for loan forgiveness that could be vastly improved, and I’d argue that there is much more political will for these kinds of targeted and equitable changes than for simply wiping away all college debt.
People with college degrees makeup 1/3 of the country and are more economically secure. I’m all for this, but it seems like the only thing centrist Democrats are seriously pushing for early on. How does this help the majority of the population who don’t have access to quality k-12 education? Or who didn’t go to college. shouldn’t their needs be prioritized over Harvard grads in debt?