3 ms·

My biggest issue that it's effects are hidden. If he wanted to just send everyone 10k i would be more okay with that as it would have to go to Congress and come

by bko 4y ago

My biggest issue that it's effects are hidden. If he wanted to just send everyone 10k i would be more okay with that as it would have to go to Congress and come from somewhere. Not to mention that it's going to relatively well off college educated students that made poor decisions. And it doesn't change the underlying problem with higher ed prices. If anything, it'll build the expectation of debt forgiveness, allow people to borrow more and schools could charge more. This is just the worst of all scenarios

mikeyouse 4y ago
Unfortunately anything addressing the underlying problems is going to take congressional action and our politics are completely broken at the moment so only executive action is possible. This dramatically limits the levers that can be pulled.
- weej 4y ago
  > This dramatically limits the levers that can be pulled. I don't disagree, but this feels like slapping a bandaid on a bullet wound. It's unclear to me how this will fundamentally make improvements at the source of the problem vs. temporary forgiveness. What do you think it would take to gain some majority alignment to actually move the needle effectively?
- wszfahwbwbaha 4y ago
  > at the moment Sorry pal, but they won't be getting any better. You're seeing the slow decline of a country.