> The question is if you think "most recent college graduates without wealthy parents" are a population worthy of government assistance.
And, quite frankly, I'd gravitate towards a "no" on this. When taken as a group, I'd expect college graduates to be able to pull off an income stream sufficient to pay down the student loans.
Of course there are individuals for whom student loans pose a real problem. There should be some realistic provisions for discharge in bankruptcy.
Considering our recent/current environment of low unemployment and high inflation, broad-based loan forgiveness is simply the wrong choice from a Keynesian economics perspective. The same is true of continuing the payment pause.
And, quite frankly, I'd gravitate towards a "no" on this. When taken as a group, I'd expect college graduates to be able to pull off an income stream sufficient to pay down the student loans.
Of course there are individuals for whom student loans pose a real problem. There should be some realistic provisions for discharge in bankruptcy.
Considering our recent/current environment of low unemployment and high inflation, broad-based loan forgiveness is simply the wrong choice from a Keynesian economics perspective. The same is true of continuing the payment pause.