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Cancelling student debt by itself is a stupid and fundamentally unsustainable idea. I’d be open to the idea if it was a one-time thing, coupled with an immediat
by philwelch 5y ago
Cancelling student debt by itself is a stupid and fundamentally unsustainable idea. I’d be open to the idea if it was a one-time thing, coupled with an immediate abolition of subsidized student loans, making private student loans dischargeable in bankruptcy, or allowing lenders to make loans conditional on what you majored in. Just cancelling student debt by itself without fixing the root cause of the problem is just a one-time generational wealth transfer; millennials acting like boomers.