Reply to Why is Biden extending the student loan repayment pause?

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[quote=Anonymous]It’s complicated.

There are a lot of people who paid off their loans, went to much lower level universities than they were academically qualified for, endured long commutes or schedules, and worked during school many hours who are upset over student loan forgiveness. They majored in something really hard. Their feelings are valid. After all, they followed the rules they thought they should follow.

There are also a lot of folks who were first generation students who were sold a bill of goods. They received little formal college counseling. They were “offered” parent plus loans as “financial aid.” The importance of going to a “good” school with high graduation rates was stressed to them, regardless of its financial implications. They may have lived somewhere that they couldn’t commute to school from, or if they did live somewhere in which that was possible, it was stressed to them that students who live on-campus end up more successful. So they followed the trusted adults in their lives. They favor student loan forgiveness. Their feelings are valid. [/quote]

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