37% in almost 10 years is not forgiveness. I haven't really paid attention to the valuation of my many student loans over the years, but if they'd lost 37% of t

37% in almost 10 years is not forgiveness. I haven't really paid attention to the valuation of my many student loans over the years, but if they'd lost 37% of their initial value in 10 years, they'd still be valued at $38k after a decade.