Naked gay men in shower1/29/2024 ![]() ![]() And given that any broad-based forgiveness would cost tens of billions of dollars, all taxpayers - not just by those who have a college degree - would be contributing to the cost of cancellation. Research has shown that a college degree generally boosts an individual's earnings over their lifetime. "While some may view this debt forgiveness as a slap in the face to people who were responsible and paid off their student loans, this is a bigger slap in the face to those Americans who never went to college," Will Bach, a financial advisor based in Ohio, told Yahoo Finance. As the president weighs broad student loan forgiveness, some Americans expressing frustration over a policy they see as unfair.
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