Senior citizens who are no longer working, that are still saddled with student loan debt should get forgiveness of all their student loans held by the government. Senior citizens have to be able to meet their basic needs, which become more expensive each year.
Why is this important?
I have heard many stories of senior citizens who are on fixed incomes being saddled with student loan debt which has been hounding them for decades due to high interest and other fees being piled on to the original loan. I myself have had student loans. The original amount I borrowed was 65 thousand. The amount I owe now is over 150 thousand dollars after twenty years of payments. I will be making so little in retirement, I fear the student loan payment will take away money I will need for basic needs.
