5 ms·
What I don't understand is why the Republicans don't just respond by supporting student debt cancellation combined with a tax on university endowments. The obst
by bdw5204 3y ago
What I don't understand is why the Republicans don't just respond by supporting student debt cancellation combined with a tax on university endowments. The obstinate "pay back your debts" position is such an obvious political loser for them that turns out voters against them and also prevents people from buying homes and having children (things that, statistically speaking, make people more conservative). Taxing the universities would solve the "it costs too much" problem and would tax an entity that conservatives see as an enemy. They could even combine it with the DeSantis campaign's proposal to make universities responsible for defaulted debt[0].
I think part of it is that the Republican Party is largely dominated by elderly people who aren't aware just how exorbitant the cost of college is these days because it wasn't when they were young. You don't see the same hostility to Biden's student debt relief proposal or obsession with tax cuts for the wealthy among younger Republicans whose concerns tend to be more about what's happening in the culture (the "parents rights" messaging clearly isn't targeted towards elderly conservatives who presumably don't have children in K-12 school).
[0]: https://www.washingtonexaminer.com/news/campaigns/desantis-promises-his-administration-hold-colleges-accountable-for-student-loan-defaults https://www.washingtonexaminer.com/news/campaigns/desantis-p...