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Because those student loans were made in bad faith to people who were too young to realize how badly they were being exploited and how meaningless their educati
by munk-a 7y ago
Because those student loans were made in bad faith to people who were too young to realize how badly they were being exploited and how meaningless their education was - for clarification I've paid off all of mine, and I'm still happy to see zero benefit out of this expenditure because it'll be just and help the economy.
- imtringued 7y agoYou didn't meaningfully address the parent which was talking about rewarding this exploitation. Imagine you are a college and instead of investing into high quality education you try to get as many students to enroll through concessions even if it means that they cannot repay their loans because of bad job prospects. If students know that their loans will be forgiven then they might go for the "expensive vacation" college instead of the "boring nerd" college with those super strict professors.