“And eventually they could have their federal loans forgiven altogether.”
Mark my words, the complete forgiveness of federal student loans will never happen. The Democrats will use the plight of these debt-slaves for political advantage over and over again, most likely through absurd debt-reduction proposals that they know Republicans will reject, making for primo ad-copy.
If the loans are completely forgiven these young people might be able to save their own money, start families, buy property and next thing you know they’ll be voting to preserve the wealth they’ve earned as opposed to voting to have wealth seized from others.
It will be forgiven for the “right” people.
I disagree. Those who decide to take the bait as indentured servants of the US Government will indeed get their educations loans forgiven. But, it's a devil's bargain.