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Topicwhy shouldn't we reimburse people who already paid off their student loans?
The Admiral
06/25/19 3:48:20 PM
#20:


Damn_Underscore posted...
Cancelling all student debt seems like a bad idea. Some people will get a legitimate burden off their backs, people who didn't even try to repay their debt will benefit, people who recently repaid their debt will get screwed, people who won the birth lottery will pay nothing without even having to try, all for the price of $1.6 trillion. But this doesn't address the problem at all, and people will just rack up more student debt.


I mean, this is kind of the elephant in the room. The $1.6 trillion (which Bernie said will take 20 years to collect from his new "Wall Street taxes"), only covers the current, outstanding debt. So what about all the future debt? Are we just agreeing to a never-ending system where the tax payers are now subsidizing private universities that can charge literally any price they want for tuition?
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- The Admiral
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