You act as if the consequences were clear. Whatever analysis even the most sober and risk-averse 18-year-old student did in 2005 about her student loans could n

You act as if the consequences were clear. Whatever analysis even the most sober and risk-averse 18-year-old student did in 2005 about her student loans could not have predicted the massive economic flustercluck we've been through in the past 10 years. Flawed inflation and wage growth assumptions alone have already likely doubled the long-term cost of those loans, even if you assume the student found the job they were essentially promised when they committed to the deal. The fact is that these kids were misled by a delusional society and egged on by greedy loan providers and desperately underfunded state universities. You call it a moral hazard to forgive the debt, but the students who took the loans are the least-bad actors in this scenario.