Never understood why people get pissed off at other's good fortune. That debt was paid off by a person with their own money. That is way different than paying off other's debt with tax payer money.

They are not free when in high-school. They do not need the full amount of money on the first day.We didn't set aide money for Cathy. She had a National Merit Scholarship grant. I paid the tuition and my wife paid her expenses. We gave up our vacations while she was in college and law school.

I agree with what your saying with (1) catch. The price of an education is outpacing wages across the board. Take my world. Most engineers out of school without any assistance have about $120K-$130k (all in cost) at a tier 1 university. Average salary for that individual is $60k-$70k.

So look at these numbers: for a single recent grad, which I would say is a fair snapshot

Undergrad - $125k (principal) @ 4% yoy for 10 years is $1266/monthly
Housing in major metro area (1br apt) - $1200
Utilities - $200
Food - $300 to $600 I’ll use $450 as median
Gas - $200
WiFi - $50 to $100 I’ll use $75 as median
Car insurance (liability from reputable company) - $75
Health insurance (assuming you work at a good company) - $125
10% in 401k/retirement - $542


Take home = $3656
Cost to live = $3591
Delta of +$65

If you’re a teacher making $45k your in hole and screwed. I didn’t factor any entertainment or gym membership or extras like cable tv, hunting, fishing, etc. for the past 20 years higher education has averaged a 4% yoy increase in tuition costs.

I went to college without a car.

Many still don’t. How about life after college when ya had to go to work. Hard to get around Houston without a car.

Me too, so go get your self a cookie.

I had 27k, worked a FT job and a PT job for five years and every extra dime I had went to pay the loan. Was done in under 5 years despite a crappy rate and lousy FT salary. It can be done but the pathetic snowflakes don't know anything about hard work. They just want to squawk like baby birds and hold out their hands and the Dems want to buy their votes with taxpayer money.

Naaaa, We taxpayers aren't paying for anything. The student loan debt will just be more debt gun powder in the big debt bomb.

As another on here says.......Kaboom.... The fuse is lit..........

https://www.usdebtclock.org/

is cloward and piven still a conspiracy theory....

A debt doesn’t go away. It’s still money owed. The only thing that would change is who pays back the debt, and that’s the taxpayers.

Bingo.

Personally I think this is horse hockey. But if this should pass, everybody that receives any of these benefits should have an "excise tax" added to their federal income tax for the rest of their lives. Using actuarial tables based on the debt and expected life span. This way they pay back the "benefit".

Good luck getting anyone into the military.

Excellent point, one thing that has been a major reason for quite a few people enlisting is the GI Bill. But the other point, resume the Draft, and it can fill in the missing numbers.

My daddy had the GI Bill. I think $110 each month.

I love it. I voted for Biden for his great ideas and solutions for our country like this one. My 175k in student loans that came from my liberal arts degree with a PhD in gender equality in 3rd world countries deserves to be canceled.

Lord, Z71, I sure hope you are joking.

Dog............. That's how I went to college..............
And they, paid me...... Plus, the V.A. got me a job, on campus......................
And an endless supply, of pretty girls..............
I cried like a 3rd grader, when I graduated..............

Its a pretty sweet gig. Anytime someone says I'm "lucky" because I have my school paid for, I point them in the direction of a recruiter's office.

Our country is soooooooo Fu**ed. Going straight to hell. Will never be fixed.

That’s cause Henry Ford was still an underclassmen when you were there

It can be fixed...........But it's gonna hurt.............

Though I will not disagree with this. You borrowed so pay the man. Millions of blue/white collar workers will want a cut so where do we stop this nonsense?

We are at about the 6 trillion dollar mark in Covid relief bills. Money that is not in the treasury, this will be our great great great grand childrens future tax liability. So what is another trillion dollars here and another trillion dollars over there? It is only paper money ,it has no real value. A good education is an investment in the future. Let's pay it now, so our great great great grandchildren will be well invested.