I suppose it depends on whose ox is being gored, but forgiving or reducing student loans is unfair and wrong on several levels. Sure, those currently having to pay off such loans love the idea. Who wouldn’t? But ultimately somebody has to pay those bills. And why should that somebody be the rest of us? How is that fair? Double that insult for those who’ve already spent years paying off their own student loans. Now you expect them to pay off somebody else’s?
And what about the people who never went to college because they couldn’t afford it. Yet now you want them to pay for someone else’s education? That makes absolutely no sense.
And what about the next class that wants an education. You paid off the loans of the class ahead of them but no, you won’t pay for their education. Explain to them how that’s fair.
Responsible people incur loans with the expectation that they, not someone else, will repay those loans. That’s the way it’s always been. That’s the way it should remain. Don’t mess with that, Mr. President. Just. Don’t.
(But if you’re absolutely determined to forgive loans, I’ve got a mortgage … and a credit card … )