I’ll keep this simple.
Congresswoman Alexandria Ocasio-Cortez, Senator Elizabeth Warren, and other respected Democrats in Congress continue to call for the cancelation of college loan debts. Is this an admission that the promise of a good paying job with a college degree is not a reality? If a college degree truly did lift ones earnings $32K a year more than those with only a high school degree, shouldn’t those with the extra $2,600 a month be able to pay off a $400 a month loan?
What am I missing? Or, is the press for college loan forgiveness an admission that a college degree is not the solution to wide and widening wage gaps in the USA?