Yeah this is my issue with the idea too. In 20 years, you're going to have the same problem again with new borrowers unless you make some fundamental changes to

Yeah this is my issue with the idea too. In 20 years, you're going to have the same problem again with new borrowers unless you make some fundamental changes to college to stop predatory student loans from being given out. To be fair, I find this thread to be a bit misguided. Everyone here is talking about canceling 100% of student loan debt but I've only ever heard suggestions where the amount of loans above 100k or above 50k are forgiven. Conceivably, those loans were never really going to be paid off so money isn't really being lost.