Reply to Do you personally know someone who has had student debt forgiven?

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[quote=Anonymous]I don't have any bad feelings or judgment for anyone who makes use of the various student loan forgiveness programs. The criteria to qualify mean that the majority of recipients are of lower income, and the higher income you are the smaller will be your total forgiveness because you will have paid so much in the decade or more of payments you are required to make before qualifying for cancellation.

My experience is of a working class/lower middle class kid whose mother was OBSESSED with me going to college, despite my many protestations. I was essentially threatened with disowning at the tender age of 18 if I didn't drop my own dreams and follow the path she had determined for me probably when I was only in the womb. LOTS of kids get bullied into college, and massive student loan debt, by the parents and other adult mentors who are 'guiding' them at end of high school. We know now from irrefutable neuroscience that our brains aren't fully developed in terms of consequence comprehension and it is cruel to bully kids into mountains of student loan debt - a mortgage! - so they can start their lives in shackles and chains.

The better educated a society, the better the society does. We should all want to invest in educated citizens, and our colleges should be accessible to all with an interest in education and the demonstrated aptitude to study at the collegiate level. Fees should be minimal. Our economy would thrive much more if we had millions of contributing taxpaying citizens free of the shackles of student loan debt and the associated stress, and with money available to buy homes and furnish them and have children.

Our attitude toward higher education financing is really quite stupid, and crippling. We could learn lessons on this subject from some of our European cousins.[/quote]

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