(02-18-2021 12:58 PM)RiceLad15 Wrote:  To rectify the harm created by the bad policy (the harm being current graduates being saddled with large amounts of debt that can restrict future economic activities), the debt should be canceled. People getting out from under debt can build wealth (which is a positive for all, as it creates less strain on social safety nets) and they are more able to take risks (such as starting their own businesses), if they do not have personal debts that they need to pay.

Good idea. let's cancel everybody's mortgages while we are at it, and all their credit card debt, for the same reasons. We can pay for it by taxing those new businesses at a higher rate.

Quote: An educated population is beneficial for everyone

I agree, at least to the extent of people being able to read write, and do basic math. Not so sure why we need people with degrees in women's studies or fifteenth century French poetry. So how does this square up with welcoming in millions of un- or under-educated immigrants who cannot qualify for work in their own homeland? How does that help to create an educated population?