The US has a very deliberate public policy of student debt accrual. Argue all day about the causes (corruption, financial engineering, classism, racism, toxic individualism, whatever) but it could be abolished entirely by different policy, which could easily pay for itself.
3rd level education is largely free or heavily subsidized in Ireland. I don't have any debt from going to two Universities there. That's policy! Existing debt could also be forgiven, or at least swapped for lower interest rates. That's also policy!
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Make them dischargeable and that may change quickly. Student loans are very rare in Ireland, I only know one person who even had one. Most people work part-time or summer jobs and that keeps them going. US is super-strange.
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A lot of proposals amount to large regressive transfers of wealth to the well-off, like the mortgage income deduction. We could however drastically expand Pell grants.
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