- United States
- Wash.
- Letter
Student loan forgiveness is crucial for expanding economic opportunity and strengthening the middle class. The burden of student debt has made it increasingly difficult for recent graduates to save for major purchases like homes or start businesses, hampering their ability to build wealth. By relieving borrowers of this financial strain, loan forgiveness would allow more Americans to invest in their futures and fully participate in the economy. This in turn would drive economic growth from the middle outward. Furthermore, student debt disproportionately impacts marginalized communities, so forgiveness would help address longstanding inequities. For the wellbeing of current and future generations, it is imperative that the student loan forgiveness plan move forward to support a thriving middle class.
