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Monetary Literacy & Mastery Foundation Economic Roundtable Join

Should Student Loan Debt be Canceled?

Eclipse · 4 months ago · 2 replies · 283

What are your thoughts on the previous rumors of canceling student loan debt? As of right now, the estimated amount of student loan debt within the U.S. is $1.83 trillion. With the ongoing conflict over in the middle east and regular inflation, interest rates are spiking. Would you be opposed if the government forgave student debt for everyone, or maybe just those without high incomes?

2 replies
J
JennyorAlice · 4 months ago

As long as I'm not paying it, what they do with it kinda isn't my business. I'm sorry, I don't mean that to sound rude. I'm one of those people that if it's my bill I'm paying then it's none of your business what I'm spending my money on. But if it's not my bill then it's none of my business and therefore, not my problem.

Nomad · 4 months ago

Education is expensive but education is very important for the development of the country. Education builds skilled and knowledgeable workforce, this is must for the progress, not just for the individuals but also for the nation. Therefore, I believe student debt should be cancelled, especially for highly talented students

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