It is insane how much more expensive college is now than when I went to college back in the 90s. I was able to pay off my student loans within 10 years of graduating because they were so much less than what current students are graduating with. And salaries certainly haven't increased enough in that same time span to make the pay off equivalent.
But, I think $10k or $20k is not enough. I think they should have looked at how much the cost of college has increased over the past 2+ decades and forgiven that percentage from every student loan.
Then they should fix the cause of tuition inflation by getting rid of the federal student loan program.
But, I think $10k or $20k is not enough. I think they should have looked at how much the cost of college has increased over the past 2+ decades and forgiven that percentage from every student loan.
Then they should fix the cause of tuition inflation by getting rid of the federal student loan program.