Should student loans be forgiven?

[quaker bill]

43. Just sticking with the strict definition

of college expenses, which we did, I could have left my money in mutual funds where it was, and put more in. This was during the Obama Admin when stock capital gains were quite good. Fairly looked at, that 60k might have turned into 200k, and at the far end, the debts just forgiven? If this is the way it works out, then it would have been far smarter for me to take out the loan, which I could have done easily.

I get that there is a crisis and that this needs to be fixed, but at some level there should be a limit, not all student loans are the same.

I am good with free or very low-cost college. I worked my way through school, it was hard but possible making little more than minimum wage 40 years ago. Then came the Reagan revolution which defunded colleges and shifted moch more of the cost into student debt.

I think there may be some reason for a minimal tuition, some token of commitment, but nothing that would result in the need for debt.