To sum up: The Obama Democrats used student loans and loan forgiveness to buy votes and dissembled about the cost. Now as they leave town they are handing Republicans the bill. As for millennials, they’ll pay in the end with higher tax rates.
https://www.wsj.com/articles/obamas-giant-student-loan-con-1480640259
To me, the Big Education racket is a way to channel borrowed money to liberal profs, admins, and other assorted Democrat affiliates.