1. make student loan payment 100% tax deductible, and retroactively 2. abolish bush’s disastrous bankruptcy abuse prevention and consumer protection (!!!) act, which exempts federal and private students loans from discharge 3. abolish federal student loans
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This is a really critical part of the conversation. You have to *really* believe that universities are providing a solid bang for their buck — and not just selling costly signals — or the obvious conclusion is that taxpayers are getting fleeced from multiple directionspic.twitter.com/rR9zSNPkx8
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It's really not though. Avg debt at graduation >$30-40k even for good students in good programs. Creates YEARS of unnecessary drag on consumer spending + household creation for no good reason other than financial lechery. Cost raising x's of inflationhttps://www.chronicle.com/article/25-years-of-declining-state-support-for-public-colleges/?cid=rclink …
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