The total amount of student debt in the US at the end of 2018 was $1.47 trillion. We could have erased every penny of it just as easily as they did this right now.https://twitter.com/AliVelshi/status/1238153956645363714 …
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Forgiving the student loans frees money the ex-students would be sending to loan institutions to be put into circulation by buying consumer goods, and paying for exorbitant housing and medical bills. So *some* of it gets circulated, instead of paying CEO compensation. /cynicism
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