Should College Loans be Forgiven for First Time Home Buyers?

Bankruptcy Attorney David Chenelle came across an article in the Money section of the CNN.com website that relates to his practice area, the economy and the predicament of many recent college graduates. Entitled “Wall Street firm is causing a stir by suggesting that some student loan debt be forgiven for first-time home buyers”, the piece cites statistics about changes in the type of personal debt of young people over a ten year period (Student loans are rapidly catching up to mortgage debt) and the relationship between monthly student loan payments and the amount a recent grad can spend on a house. The webpage with the full story is at: http://money.cnn.com/2014/10/31/news/economy/student-debt-forgiveness-wall-street/index.html?iid=HP_LN