Forgiving those loans is the next big gift from Dems to lazy libs who want to live off the public dime forever. The promise of forgiving the loans could be the next big carrot that a Dem candidate can use to sway voters... unless Obama does it first and takes all the credit.
If this happens, I suspect that many will repeat the process... and "go back to school" for the next 10 years again... then wind up being 40 with useless degrees and no prospects. All they will be able to hope for at that point will be outright Communism in order to survive.
Cementjungle; Kaslan
I am in the courtroom often. When defendants are asked if they can afford bail, afford a lawyer, or if they are soon going to be able to pay their costs and fines, the answer is often “Yes, Your Honor. As soon as my student loans come in, I will be able to pay.”
I never hear Ubama, et al., addressing this use of so-called “student” loans. Cars are paid for as well as marihuana and all the “necessities” of life.
Oldplayer
In Ye Olden Dayes, when I did undergrad, you could get a loan for tuition, room, board, and fees.
My daughters get offered max loans far above their tuition and books cost, for “living expenses”.
I pointed out to them that if they take out loans for “living expenses”, I was going to charge them room and board.
They didn’t. . .