Currently there is over 1 Trillion dollars in Student Loan Debt and it is increasing by almost 3,000 dollars per second. This gives each student on average of over 30,000 dollars. This is not only putting an extreme burden on the students, but it is also placing a huge burden on the economy.
What we need to do, and what I am saying we should do is forgive all student loans. People who oppose this will say "That will hurt the economy" or "That is spending to much money", and to that I refer them to the bank bailouts. The Federal Government bailed out the banks to a tune of 29 Trillion dollars. If we can spend that much on bailing out the banks who caused the crisis, then we can spend 1/29th of that to bailout the students who are affected by crisis.