"I would not have second thoughts when planning a trip or going on a vacation," said John Paul, 49, a restaurant manager in Washington DC who said he took out loans for his son's tuition. "Earlier, it would be at the back of our mind that we have this debt hanging over us. Now we are somewhat relieved."
"There could be an entire next generation that does not have to work extra hours or additional jobs to repay this debt," he said, noting he had taken on a job in college to pay off his loans. Alexis Horton, 20, a biology major at Howard University, said the announcement is a relief for those who plan further studies.
Kyra Taylor, an attorney with the National Consumer Law Center who focuses on student loans, described the step as "life changing for millions of Americans."
I know that I'm pumped that my increase in taxes will pay for someone else's vacation rather than letting me have one.
At the expense of tax payers who didn't take out the loan
Lol 10k in loans is not the breaking point to whether someone will attend med school…
Just salt of the earth working class folks!
When you take out a loan and don't pay it back, you're a thief. The End.
With US being in a recession and this happening - when will normal peopleget relief ?