Interesting thought experiment. If not accompanied by a crackdown on lending it would probably lead to *more* borrowing. It would increase federal debt, but act as a big stimulus, and free young people up to switch careers and take more risks.https://twitter.com/mingus_coleman/status/1053383719388635136 …
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For all the reasons you stated. Plus maybe that debt is stifling their economic productivity. Definitely should be available to those who got scammed by the for profit frauds.
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Hope we can get them to do it!
End of conversation
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