The Debt Collective has written an Executive Order for Joe Biden to Cancel all Student Loan Debt

[Chainfire]

4. I don't think that blanket debt forgiveness is the right thing to do.

I think about my daughter who made her way through undergraduate and graduate school, living at home, or in a scholarship house, and making Subway sandwiches to keep from piling up debt while a lot of her friends partied on borrowed money. Will the government also reimburse her for her good judgement? If that sounds a little petty, I am sorry.

Student debt and aggressive collection should not define the remainder a person's life. The kids or rich parents don't have those kinds of problems. Borrowed money should be paid back as one's ability to pay on a sliding scale and not under threat of ruin by predatory collection agencies. If a corporation can bankrupt out of debt, then that path should be open to student debt.

Going forward, the government should provide free education through college, as far as one is willing to go, in a single field, as long as they maintain grades. We are the richest country in the world, we can afford it. A big part of the problems we are facing today is based on ignorance. We can not afford to not educate our young people and we can not tie an anchor around their necks for continuing their education.