ALBANY — Two years ago, I wrote a column proclaiming the evils of the college loan racket. The federal government should cancel student debt, I said.
As part of my persuasive argument, I mentioned what student loans had meant to me, a child from a poor family. I also argued that the country’s outstanding $1.6 trillion student loan debt was a societal burden weighing us down and preventing a generation from marrying and having children. Debt was an obstacle to human happiness, I wrote, that the government should not ignore.