This morning the Supreme Court struck down a one-time student debt forgiveness program that would have helped more than 40 million borrowers.
I would have been one of the millions who benefited. Forgiveness would have radically changed the trajectory of my financial future.
Opponents of student debt relief argue that debt repayment is a personal responsibility and a moral obligation. While it is true — we should be good stewards of our financial resources — the argument fails to acknowledge fundamental structural problems in our economy.