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.
None of this is socialism, or would pass as such where I come from. The real challenge is how-to-do-democracy-in-the-US. The US could do all of this and still be relatively center-right.
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I think it's reasonable to refer to large-scale state-run economic averaging operations (over time, space, people, the economy-as-a-whole) as "socialist". No need to dress it up as anything else.
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Subsidizing education isn't Robin Hood for tuition. It's sound conservative economic policy that makes labour markets more efficient and leads to greater economic growth.
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