It’s not $20 million per student. It works out to about $30,000 per student.
The numbers I saw involved 1.3 trillion to pay off 43,000 student loans. That came to over 20 million per loan.
Either way, I'm against it. I am not responsible for people making poor choices in their college careers, and I would wager no small number of those folks are living 'larger' than I do, and just not paying what they owe. If they are having trouble getting a job with their gender studies or race-centric degrees, well, maybe they should have researched the job market for the actual number of openings before making that their field and any academic advisor who did not point that out should never be allowed to even give directions to the washroom.
Not my fault, but not everyone is cut out for an academic education, nor the commitment it takes to do well at that pursuit, both as a student and as a professional. While trade schools remain an option that can lead to a rewarding career, I'm just as glad not to have a bunch of incompetent electricians, plumbers, or mechanics running around, too.
For those who expect to start in a corner office and never get their hands dirty, well, enjoy your barista job, but kindly make regular payments on your loans.
