Why are any student loans being forgiven as a policy? And what a racket - 6.8% interest!!! I wouldn’t let my children take out one of those.
Easy. They want to be able to tell your child where, when and for whom to work. If you owe the feds thousands of dollars and they tell you "Pay up, now unless you are willing to work in ghetto as a public servant" what choice will you have. The student loan program was federalized by Obama care. It's way to create indentured servants to the feds.