I agree. I think if there were to be a government funded grant, it has to be limited. We'll forgive 10K, half of the tuition of a State U to everyone to starts college. 10K should be the max and if you decide to rack of 100K in loans, that's on you.
But the progressives argument, and one Pelosi is trying to avoid, although she's treading on conservative talking points is that they want to make it about, fairness, the poor and race. Black kids are drowning in debt.
https://www.cnbc.com/2021/02/22/stud...owers-owe.html
Quote:
Black borrowers are among those who are most impacted by student debt. While white students make up the majority of college students and thus borrowers, Black college students often take on larger amounts of student debt and are more likely to struggle to repay their loans after graduation.
According to data from the National Center for Education Statistics, Black and African American college graduates owe an average of $25,000 more in student loan debt than white college graduates. Four years after graduation, 48% of Black students owe an average of 12.5% more than they borrowed and 29% face monthly student loan payments of $350 or more.
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