We should end student loans as they exist today. Too easy to get, and the interest rate is usurious given they can never be discharged in bankruptcy. If we as

We should end student loans as they exist today. Too easy to get, and the interest rate is usurious given they can never be discharged in bankruptcy. If we as a society want college to be more attainable, we should build more of them and subsidize the tuition so kids can afford to pay for it with private loans of a reasonable size, or through working part time while in school. For so many reasons, we cannot do loan forgiveness. This is not a one-time problem with a one-time solution. It would present a huge moral hazard to do it once with a naive expectation it wouldn't need to be done again in a few years. Plus, it amounts to a giveaway to people who are by definition elite, which is political suicide. I get that the people paying student loans feel like it is a crushing debt they can never seem to escape, but college graduates earn significantly more, on average, so they are the least deserving of a handout.