People will be incentivized (and possibly required) to pay off high-interest debt first, which is the right thing. Beyond that, a modern debt jubilee isn't abo

People will be incentivized (and possibly required) to pay off high-interest debt first, which is the right thing. Beyond that, a modern debt jubilee isn't about you optimizing your individual financial situation. Rather, it is about: - keeping it as simple and hard to game as possible - reducing total debt in the economy to a sustainable level If you have to pay down or pay off your mortgage, sorry. On the other hand, you would own a house free and clear. So life wouldn't be all bad.