College used to be so cheap, you could pay your way through it working nights as you attended classes during the day. I have family who did this. In that world, there's no such thing as student loan forgiveness, because it's not a crippling debt.

The root of the problem is that college got 3x as expensive (after accounting for inflation), and not better at educating. Fundamentally, this is an economics problem. And the lesson here is that people need to stop trying to gamble >$100,000 on class indicators.

It's tremendously damaging to the economy if we deny reality and say "Let's keep encouraging 18 year olds to study British Literature for 4-8 years," versus "That's dead, it's all technical now. Sorry, but here are your realistic choices..."

https://educationdata.org/average-cost-of-college

You don't get out of a loan because you don't like the skin color or wealth class of the receiving party. Should we forgive mortgages because the payments go to bankers?

Many of us did pay off our loans or took less loans then we could have and we did that knowing loans are to be paid back.

Well, that's a good point. The BUI addresses that. The money men have learned to skim off of every transaction, which inevitably ends up with them having all the money. This is a new thing too.

It's very moral and hardworking of us older folks who lived in a different time and paying loans didn't take half a lifetime. But this whole conversation is about how that world is gone, and young people (in America) are behind the 8-ball.