People go to college to get high paying jobs. If they have to give them a free $10,000 because they aren't making enough to pay make loans, it's an admission of failure that colleges do not provide high paying jobs. I know these loans are predatory and bullshit, but liberals were the ones telling everyone they'd make $100,000 out of college with a liberal arts degree and encouraging them all to take out loans. The people who should be held accountable for the student loan mess are liberals, and they're trying to give away free money to get away with it.

OR....since its income based, households making 125k or less, it DOES help lower income and middle class. This would be like a jubilee for the country. I have friends who are waiting to retire until they pay off the last of the loans. I think this is one bubble they should pop and overhaul this money laundering scheme.

When the government sets the top limit, that's what the price becomes. This is why education is so expensive. This is the beginning of financial enslavement to the government.

We are all enslaved by debt. Even if you don't have mortgage, credits cards or any debt you are a slave. Debt caused by Federal reserve. This enslavement by a bunch of thieving bankers have put our nation and us into poverty. They have strapped us with income tax and every type of financial burden under the sun. They create inflation which lessens our buying power and our money worthless. They stolen our gold and silver. They created the student loan program to enslave generations of Americans. The created all these housing programs to enslave us .All these government programs are to enslave us with debt . You can't escape the web they use. The only way is to audit them and find out where they got 90 trillion dollars to loan us. Nothing to back it up! Just ink and paper. We would be arrested for what they do legally counterfeiting. The largest privately held corporation in the United States pays no taxes and own by a few people. They own all the politicians, all the companies, the media, you and I. We are their slaves.

I just finished paying off my student loan this year. It wasn't that much considering prices now, but I should have known more about the loan process before I signed up. It's predatory lending and I don't think 18 year olds are financially literate enough to see the consequences of paying off student debt. Parents and high schools both fail them in preparation and stupidly encourage teens to have largely useless post secondary degrees. Then they dont bother guiding or helping debt laden young people learn how to sensibly conduct their finances.

Me personally, i hate the interest. The interest rate was dogshit and it fluctuated often. I absolutely believe student loans should be interest free, that would have helped me ALOT and saved me thousands.

But since I'm not a worthless pile of garbage, I built my career and paid off my debt. The people that whine and cry about it are lost adult toddlers and good for nothings. You can learn about debt management and finances MANY places, including online and YouTube. I paid my loan, bought a house, a new car and a truck, and although im still a debt slave im doing relatively ok. Paying debt is only hard if youre stupid, a waste of space, or both.