This is your intermittent reminder that student debt forgiveness without prior reform is complicity in & reinforcement of an abusive system of exploitation that benefits the powerful and connected at the expense of the young and dumb.
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Student debt forgiveness without prior reform is equivalent to tripping the next generation of students, in the hopes of escaping the pursuing wolf pack.
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"Wow, can't believe after the 2008 crisis we bailed out a bunch of financial guys at huge public cost and let them continue their shenanigans at the expense of everyone else."
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I'm agnostic about what might be done about the student debt situation, which I agree is quite bad, but "let's immediately dump a trillion dollars into the currently-existing exploitative paradigm, and surely we'll find the political will to reform after that" is insane.
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Replying to @kendrictonn
If I were God Emperor, I'd try to forge a "grand compromise" (between red tribe and students w loans) that * conditioned debt forgiveness on bad programs w poor records of jobs for grads * forced half forgiveness on the unis * other half on taxpayers * shut down bad programs
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Replying to @MorlockP
I feel a little kinder towards bad programs [defined here as low-employment-applicability], because I think to some degree what's making them actually injurious is the extant system, and what it's done to higher-ed pricing/
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