The author forgets to mention yet another dimension of the problem - a direct political one. Loan forgiveness ... in essence, a form of vote-buying ... vote fo

The author forgets to mention yet another dimension of the problem - a direct political one. Loan forgiveness ... in essence, a form of vote-buying ... vote for me, and we'll forgive your loan (aka someone else will pay the loan). If there is a chance that, at some point, we forgive loans - why would the cost of education ever decrease?