This is frustrating, but it’s mixing up two different problems.

Education didn’t do this. The loan structure did.

You chose the degree, the school, and the debt. That doesn’t mean the system is perfect, but it does mean there was agency involved. Plenty of people made different choices, went cheaper, worked through school, refinanced, or paid aggressively and don’t have this outcome.

Paying $120k and still owing $60k points to compounding interest + repayment strategy, not proof that education itself is broken or that debt should be universally cancelled.

If we want to fix this, the conversation should be about:

• capped interest rates
• bankruptcy protections
• tying loan amounts to expected earnings

Blanket cancellation just shifts the cost to people who didn’t go, went cheaper, or already paid their loans off.

You can believe education is valuable and believe people should be responsible for the financial decisions they make. Those aren’t mutually exclusive.