How To Abolish Student Loan Debt

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Student loan debts have become a significant burden on people seeking higher education in the United States. The current system of student loans not only hinders economic growth but also perpetuates inequality among students from different socioeconomic backgrounds. Therefore, abolishing student loan debt is a moral imperative and an essential step toward creating a more equitable society.

One of the primary reasons why student loan debts should be eliminated is to alleviate the financial strain on graduates. According to a study conducted by the Federal Reserve, student loan debt has surpassed credit card and auto loan debt, reaching over 1.5 trillion in the United States. This massive debt burden prevents recent graduates from investing
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