Public sector workers could benefit from overhaul of student loans
WASHINGTON – The Albany Common Council was early to engage in deliberations on the need for a blanket forgiveness of federal student loans. In August 2009, the council passed a resolution urging the federal government to consider forgiving student loans in order to help the economy.
Jim Sano, a longtime resident of Albany and a former city councilor and college professor, said he came up with the idea for the resolution after receiving an article from his daughter, a graduate student at the University of New York, describing the devastating effects of student debt. It struck a chord, mostly because it saw other sectors of the economy receive federal aid in response to the Great Recession.