Student-Loan Forgiveness Wouldn't Solve Much

Contributing sentiments towards policy:

54% :Why, then, is student-debt cancellation having such a moment in the national political conversation?
50% : Student debt feels different.
49% : But this explanation cannot account for the fact that Build Back Better was very much alive until the end of 2021, and the chorus in favor of student-debt cancellation was thundering even then.
48% : There are many good proposals for how to forgive student debt, particularly targeted programs aimed at helping those who attended predatory institutions or those who never received a degree and thus missed out on the higher earning potential that comes with it.
46% : Google-search data show that queries for cancel student debt spiked multiple times during the pandemic, and that interest has remained above pre-pandemic trends.
45% :Annie Lowrey: Go ahead, forgive student debtAcross the board, student-loan advocates have centered racial justice in their demands for loan forgiveness.
42% : The fervor with which student-loan advocates argue that these policies are in fact racially and economically progressive may be an attempt to resolve the awkwardness that Schlozman describes -- advocates of debt cancellation are trying to build a coherent narrative for why a diverse coalition, many of whom have never attended college, should be in favor of forgiveness.
41% : In The Appeal, the economist Marshall Steinbaum argues that student debt exacerbates racial inequalities in four ways: (1)
41% : Although giving people any amount of money increases their chance of being able to buy a home, that's not an argument in favor of student-debt cancellation specifically; it's just an argument in favor of giving people money.
40% : Student-debt cancellation does not actually change anything about labor-market discrimination or credit-market discrimination or discrimination within institutions of higher education, nor does it address the rising cost of college.
32% : But in the weeks following the 2020 presidential election, a coalition of 239 left-leaning groups called on then-President-elect Joe Biden to proceed with debt cancellation on "Day One of your administration."
31% :Read: How the Democrats got radicalized on student debt
26% : According to the Gallup analyst Justin McCarthy, the pollster is unable "to report the percentage of Americans who have mentioned student debt or student debt cancellation because it hasn't garnered enough mentions to do so."
22% : Reason one: Because student debt is badYou might argue that student-loan cancellation is having a moment because student debt is really bad.
16% : In October, Representative Alexandria Ocasio-Cortez posted on her Instagram story that "there is more opportunity than ever to bring the heat on Biden to cancel student loans.

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