Tom's answer to "What are the economic and societal impacts of student loan debt forgiveness?"

What are the economic and societal impacts of student loan debt forgiveness?

4 answers , last was 2 years ago

And how might it affect future generations' decisions to pursue higher education?

Asked by Big Brain Answers in Random Question at 3:14am on March 1st, 2023
Kushal Malhotra 2037
Answered at 7:01pm on March 25th, 2023
It’s an acknowledgment that the cost 💲 associated with higher education is getting to a point where young students are so saddled with debt 💸 they feel that they can’t breathe 🧘🏽‍♂️ 🌬️… college education like medical 🏥 care in the United States 🇺🇸 is a reflection of ruthlessness of a system where capitalism has run 🏃🏽‍♂️ amuck. Where higher education and health care are only for the wealthy OR if not then the middle and lower classes will be forever under water 💦 money 💰 wise . Student 👨🏽‍🎓 loan debt forgiveness (like Obamacare a decade ago) is a good 👍🏾 first step for addressing the issue. Now there needs to be a shifting consciousness where piblicky funded state schools 🏫 get back to their original values where it will be truly affordable to in state applicants respectively.
Zeeshan Hussain 1446
Answered at 1:49am on March 25th, 2023
Significant repercussions for sure.
None of which are positive.
Noami Grevemberg New Brain
Answered at 8:57pm on March 11th, 2023
student loans suck
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