so i paid off five figures in loans on my own. my parents and grants and working a university job for two years (as a full time student) paid for the rest of college.
i am conflicted on this. i know people are hurting and tens of thousands of people are chained to student loans and it's going to fuck up their life forever. coming up i bought into the college propaganda like everyone did, you had to go. and i don't love that the federal government is in the loan business to start with.
at the same time: this does nothing to arrest the exploding cost of college (it wasn't supposed to, but i am depressed that the prospect isn't even brought up). i don't particularly like this precedent and don't want taxpayers to pick up the tab on tuition that was inflated because baylor wanted a new football stadium. break up the college board. crack down on textbook and material prices. anything. they won't because the education lobby is a democratic one.
there is personal beef here too: academia is probably the least defensible liberal power center, similar to the military in enabling itself to scale and creep and exploit, and i blame academia for much of the class blindness and identity politics that have brought limited success at the cost of impeding liberal/left movements for ten years. democrats are going to lose the latino vote as they argue over how to pronounce "latinx."
you're seeing that in action here: democrats have no long term play behind this, no vision for how college financing can be reformed, nothing to improve the prospects of the average student in a four year college or a trade school. not every program needs to benefit every person, but this is transparently a one time thing. it's cynical.