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Originally Posted by albionmoonlight
Happy for those who will benefit from the relief.
Agree that there needs to be a real solution going forward to manage costs, affordability, etc.
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I agree with all of this.
There just wasn't going to be some comprehensive college reform bill right now. There just wasn't - there's no votes or political movement for it. So the option was either forgive some student loan debt or... not forgive some student loan debt. So it feels like unless you add the "also" (or implied "also" like above), any arguments that are like "we shouldn't be doing this unless we can fix it all at once" are basically "don't do anything".
Also, as I said above
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I can't wait for the GOP ads about how forgiving student loan debt is contributing to why people don't want to work for horrible wages.
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Maybe this is the type of thing that can (finally) kindof put some upward pressure on wages. When you have $10K or $20K less in debt, you can be a bit more choosy about your job choices and make better long term decisions rather than making desperation ones for today's emergencies.
SI