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The federal government should target any debt forgiveness to those who truly need it.
It is important to remember that student loan borrowers are different from most Americans: Theyve gone to college. College students, as a group, earn more, are better educated, live longer, and come from more affluent backgrounds than other Americans. Those advantages are apparent among student loan borrowers.
More than half of student debt 56 percent is owed by households with a graduate degree. Thats in part because the programs where students graduate with the most debt are mostly professional degree programs like the MBA, law school, or medical school. Indeed, a disproportionate amount of student debt is owed by borrowers at a …
Read the full article at: https://www.bostonglobe.com/2021/03/15/opinion/student-loan-debt-relief-should-be-targeted-those-who-need-it/
