Loan debt reduced for each individual, based on annual income earned 6 months to a year after graduation.
Why is this important?
I do not feel that the forgiveness act is a good idea, because it allows people to rack up huge debt for an education and allows them to have no debt, nor responsibility to that debt. What are they actually learning? That it is okay to rack up huge debt because the government will wipe your slate clean. I propose that the government view each individual loan that is presented to them and not wipe their debt clean, but rather base their debt on how much they are earning 6 months to a year after graduation.
