I'm all for student debt forgiveness - it's called the bankruptcy code, and it needs to once again include both medical expenses and college loans. Federally backed loans need to end.
Should parents - with their nice middle class income and their nice $250K home - be able to file bankruptcy simply to weasel out of some $80k in student loans?
Hell No.
Should students with $80K in debt and a liberal arts degree with Ebonics or something similarly stupid be able to file bankruptcy because they can’t find a job except at McDonalds?
Again, Hell No.
Perhaps you can tell me under what circumstances it is OK to weasel out of student loan debt through bankruptcy?