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By a 6-3 majority, Supreme Court strikes down Biden's student loan debt relief plan
(www.supremecourt.gov)
this post was submitted on 30 Jun 2023
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Politics
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This is an incredibly selfish perspective. We're talking about education, not a mortgage, although everyone should have the ability to house themselves.
A nation should want an educated population, so higher education should be made easier to achieve, not harder to achieve. That's why most developed nations have affordable universities or free/cheap public education.
Young people were pushed constantly to get higher education by any means necessary or they were told they would ruin their futures. This means that kids as young as 18 and 19 were signing their life away and going into massive amounts of debt because they felt they had no other choice. Combined with the predatory loan and for profit university practices of loaning as much as they can and charging whatever loan companies would give, it quickly spirals into screw-a-generation territory.
Just because you managed to pay off your loans doesn't make it feasible for everyone else, and they don't deserve to have a tough life because of predatory higher education costs and decisions they made right out of highschool.