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"But cancelling all student debt and then continuing to issue new debt to students that the university fails (i.e. by not putting them in a position to make eno
by blakesterz 5y ago
"But cancelling all student debt and then continuing to issue new debt to students that the university fails (i.e. by not putting them in a position to make enough money to easily pay it back) doesn't make sense."
That's one thing that never made any sense to me. I get it. I really do. But I've never seen any compelling, realistic answer to "And then what?". This only solves the problem of the HUGE number of people with crushing loan debt now. I get it, I really, really do. But... then what? What about the next decade? It's not getting any better.
The most important word in this is "realistic".
- okaram 5y ago> This only solves the problem of the HUGE number of people with crushing loan debt now. That's a big problem solved. We can also solve other problems. Nothing requires us to solve all of them at the same time.
- AnimalMuppet 5y agoBut if solving this problem takes a huge amount of money, and the problem is going to keep coming, then actually solving it takes more than money. It takes changing things so that the problem quits showing up. You might get everyone to pony up the money to bail everyone out who is currently mired in college debt. It's a much tougher sell to get us to pony up the money forever.