Student loan forgiveness has been one of the hottest topics for the 2016 presidential primary candidates. Student loans are extremely important because of one huge reason, the ability to repossess knowledge. When someone defaults on their car loan there is a physical asset you can get back. For example, if the car is worth $30,000 and you repossess it to sell it for $20,000. There is $20,000 worth of the loan debt the lender can get back. If a student defaults on their debt there is nothing they can give you other than the money they do not have as collateral. The only way to make it out of debt is to figure out how to obtain the money. By the time they get a job to pay for their loan they can spend years just paying the interest. Another
