This position holds that student loan debt should not be eliminated. It argues that wiping out the debt would simply shift its enormous cost onto an already indebted government, and that repayments on federal loans recirculate as funding that helps support institutions and aid future students.
Supporting arguments · 2
- The money from repaying the loans goes towards funding the schoolsStudent loan debt is directly within correlation of the money schools receive for funding. It's common knowledge that the cost of school isn't always something that can be paid in full. Loans exist to make attending possible and while debt isn't fun it not impossible to pay off either.
- Eliminating student loan debt would foster the cost onto the governmentThe truth of all institutions is that they need money to operate. Some are funded through the government, others through donations. Schools are funded through a mix of the government and . To eliminate would foster all the responsibility of money and aid onto the government.