>The problem with Student Loan forgiveness is it would typically help the highest paid Americans. Most people with 100k plus in loans also make very good money.

>The problem with Student Loan forgiveness is it would typically help the highest paid Americans. Most people with 100k plus in loans also make very good money. That's very true. People often don't realize that blanket loan forgiveness is a very regressive policy. The higher you go up in the income bracket, the higher share of the student loan debt. Some kind of income-based or extreme situational (life-changing events, health, etc) forgiveness would be much better. >Why in God's name would you go 300k in debt to make 50k ? True especially for a masters program you should be well into early adulthood and it's even more difficult to argue that you were too young to understand the consequences. Schools publish their students past and expected incomes. Unless you have a good reason to believe you are exceptional, those numbers should definitely be used for planning your academic path.