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Even though I will not be benefiting from this student debt forgiveness, I support it. The past generation or two of students essentially had the rug pulled ou
by kitsunesoba 4y ago
Even though I will not be benefiting from this student debt forgiveness, I support it.
The past generation or two of students essentially had the rug pulled out from under them — they were told by all the adults around them that going to college was the surefire path to a well-paid job in a world where well-paid jobs were becoming increasingly rare, making racking up the debt to do so worth it. So they went to college and took on that debt since that was the "right" thing to do, only to come out on the other end to find that getting a degree had little to no bearing on their ability to find a quality job after all and dooming them to working minimum wage jobs and barely scraping by for an indefinite period.
The biggest problem is that it isn't being paired with strict price caps on higher education, or at least restrictions on financial aid that render schools with unreasonable prices ineligible. Without that we're going to have another batch of kids-turning-adults in the same pickle in a few years.