I hope student loans are forgiven, and damn the economic repercussions of doing so. Two generations have been lied to saying good paying jobs are at the end of that rainbow, and that paying off loans would be trivial. These are loans many sign when 17 — when they’re minors.
I am one of the lucky ones. I graduated HS with a scholarship that paid my tuition. However, my parents bankrupted themselves and my sister nearly so paying for everything else. It took me seven years to land a good job, and only three after that to lose it.
I now work a job getting paid what would be less than minimum wage in most western developed economies. Job applications are ignored. I couldn’t imagine the struggle if I had student loans. I am still facing the real possibility of bankruptcy anyway within the next year or two.
