• MasterOBee Master/King@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    3
    ·
    edit-2
    1 year ago

    but the glaringly obvious solution of forgiving that debt

    Just because that’s what you want doesn’t make it ‘glaringly obvious.’

    Those with student loan debt are middle or middle upper class white folk. The cost of forgiving student debt would be 1.6T

    Are you going to go into your city and yell out ‘we need to give $1.6T to middle and upper class, university educated people, and we need to do it NOW!’? How is that a ‘glaringly obvious’ solution?

    How does this remove the core issues of the student debt crisis: that it doesn’t reduce the cost of college, and may even increase it due to moral hazard? How is student debt forgiveness ‘glaringly obvious’ when it doesn’t address that at all?

    How does it reduce the amount that future students are going to take out to get an education? How is student debt forgiveness a ‘glaringly obvious’ solution to this?

    Just because you and likely your ~30 YO educated peers have an issue doesn’t mean the whole nation just needs to write a blank check when the demographic you’re talking about giving $1.6T to are the highest earners in your generation?

    It’s not that the solution is ‘glaringly obvious’ - and everyone who doesn’t support it are just stuck in the far right, it’s because there are legitimate problems with your ‘glaringly obvious’ solution.