Student Debt Persuasive Speech

It's the last semester of your senior year and you're wondering where all the time has gone. Everyone is excited about the next step, but it seems as though all you can worry about is your newly found responsibilities. You check your account; nothing is saved. You work a 5-9 but after paying for your car and insurance, there's only enough to support your daily expenses. You've worked hard all year but even your best has proved to not be enough. You didn't receive the grants and scholarships you needed to go to your dream school. Mom and Dad do their best, but their best is not enough. Common sense tells you that all hope is lost. You've woken up and all the sudden your dreams seem as though they are out of reach. This is the reality of many

One defense against student debt forgiveness is typically stated like, "Do you really think it’s fair that some irresponsible student, who went to college and ran up all this debt, now wants the hard working taxpayer to foot the bill for his overpriced education? (atlasporter.medium.com) " Loans make getting a higher degree appear like a smoother process. Even though it's divided into several payments, the total amount is still hefty, so if indebted students don't choose high-earning careers, they will face years of hardship after graduation. Even though education is something to be grateful for, the small number of individuals who can afford to pay everything at once is slim. Education should be considered a priority that everyone should be deserving of even if it can't be afforded. I want to live in a society, in which every individual has access to equal opportunity. A society who is more than willing to pay to educate and inform their people. Another argument used to oppose student loan forgiveness is its inflationary effects in our society where inflation has been steadily high for more than a year. The main worry is that borrowers will spend their extra cash on expensive products like homes or vehicles, which could lead to higher inflation. Every cancellation for student loan debt, no matter how large, has the potential to improve wealth for all borrowers since it frees up funds that would have been used to pay off debt. The stimulus checks the government sent last year, that some experts claim increased inflation in the economy, are not the same as debt forgiveness. There won't be an unexpected deposit into borrowers' bank accounts. Instead, they won't have to worry about making years' worth of debt