Crime and drugs are draining our resources, and forgiving student loans doesn't make even a small dent in this. This is pandering to young voters.
Jim Crow, Redlining, etc, have created a large underclass in our cities. Kids are turning to gangs, drugs and crime long before taking out student loans is even an option. Lets take the billions that that we're talking about using to forgive student loan debt and invest it into our most vulnerable kids, most of whom are in cities. Let's invest in their education and safety, and do whatever it takes to provide them more appealing opportunities than jacking cars at age 14.
Reduce student loan interest to zero? Fine. Increase the repayment period from 10 to 15 years? Great. But let's invest the bulk of the money where it's most needed. Kids in Engelwood should have the same resources and opportunities as kids in New Trier.