The parents and the school system is the root cause of the problem. It’s that simple.
Should young adults have been smarter before taking out massive loans, of course.
But who advised these kids all their lives growing up, beating into their brains that if they dont go to a good college that they will amount to nothing in life? And that if they do go, they will get a dream job, a dream house, and live happily ever after. That was the PARENTS that brainwashed their kids into thinking that way. And the universities played into it. Tuition costs have soared. And someone is making a hell of a lot of money.
Most kids do not fall prey to this situation. In this specific case, she must pay her debt. Why should I, as a taxpayer, let her off the hook? I have already subsidized her government student loans and probably Pell grants. Regardless of where the root fault lies, the banks expect to get paid. I don’t care who pays (parents, grandparents, borrower) so long as it is not the taxpayer. She needs to be working 60-80 a week to pay down this debt. The party ended when she graduated college.