Should We Stop Talking About Student Loan 'Forgiveness'?

. Although the endgame here is the same—college degrees with zero debt—I would argue that the 22 percent of Americans who seemingly would make college free proactively but not cancel student debt retroactively is due, at least in part, to debt stigma.

And debt stigma can have far-reaching implications for well-being, with some going so far as to suggest that individuals with debt don’t deserve to live.

Thus, it always strikes me when I hear people talk about loan “forgiveness.” Given the prevailing connotation of that word today, forgiveness seems to reinforce the idea that debt is indicative of poor character, moral bankruptcy, sinful nature, or even an actual. People with debt have done nothing wrong and, therefore, don’t require forgiveness.

There’s a much larger conversation here about how we treat people who incur debt for any reason. But focusing on student debt, I would urge everyone to stop saying forgiveness. The White House has actually done a good job avoiding this word, except when referring to the Public Service Loan Forgiveness program. That name needs to change. And other prominent figures in support of loan relief can rid themselves of the term forgiveness so as to not inadvertently reinforce debt stigma.

Of course you don't send a note with your payment apologizing. If you COULDN'T make your payment you might want to apologize... Maybe apologize to poor people who have no degree for bearing the broader economic brunt of your loan being paid by printing 💵

You seriously have a phd?!

Of course you don't apologize for paying as agreed. The forgiveness would be on their part if you didn't pay and they allowed you not to.

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