peep these stats: https://trends.collegeboard.org/student-aid/figures-tables/federal-student-loan-default-rates-sector-over-time https://trends.collegeboard.org

peep these stats: https://trends.collegeboard.org/student-aid/figures-tables/federal-student-loan-default-rates-sector-over-time https://trends.collegeboard.org/student-aid/figures-tables/f... this is what system failure in the making looks like. look at those percentages who are still in default. even if people aren't in default, the cost of paying off their loans is stifling their economic livelihood. here is the lasting consequence of student debt: poverty poverty precludes home ownership, marriage, reinvestment into the economy, and casual consumption. the US has dug its own grave by rejecting its obligation to provide education to its citizenry. loan forgiveness would solve these problems somewhat, but honestly the ship has sailed. millenials will continue to be poorer indefinitely.