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scottlincicome's profile
Scott Lincicome
Scott Lincicome
Scott Lincicome
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@scottlincicome

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Scott LincicomeVerified account

@scottlincicome

@CatoInstitute Senior Fellow, @DukeLaw adjunct, @TheDispatch newsletter-er. Chief Neoliberal Shill 2020. CH❤️RTS. You didn't read the article, did you?

Raleigh, NC & Washington, DC
cato.org/people/scott-l…
Joined December 2009

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    Scott Lincicome‏Verified account @scottlincicome 15 Dec 2019

    Scott Lincicome Retweeted Bernie Sanders

    It'd mean I was a fool for responsibly paying off my loans.https://twitter.com/BernieSanders/status/1205900950889811969 …

    Scott Lincicome added,

    Bernie SandersVerified account @BernieSanders
    What would canceling all student debt mean for you and your family?
    9:57 AM - 15 Dec 2019
    • 989 Retweets
    • 7,555 Likes
    • 満信 allgoldeverything Kelly G 🇺🇸Lionhearted 🇺🇸 J. Andrew Peak gogo dreampillet Laqueesha FJ Flowers
    306 replies 989 retweets 7,555 likes
      1. New conversation
      2. Ben Price  🖐‏ @actualbenprice 15 Dec 2019
        Replying to @scottlincicome

        We just need to amend the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 to allow the kids to discharge the loans

        1 reply 0 retweets 11 likes
      3. Hannibal Lecture‏ @AltKurtis 15 Dec 2019
        Replying to @actualbenprice @scottlincicome

        I'm fine with that. Also fine with considerably higher interest rates and better risk assessment.

        1 reply 0 retweets 5 likes
      4. Show replies
      1. This Tweet is unavailable.
      2. Scott Lincicome‏Verified account @scottlincicome 15 Dec 2019
        Replying to @YorkeGreenwood

        I had 150k in loans, over half of which were above 5%.

        1 reply 0 retweets 0 likes
      3. End of conversation
      1. staniel sumnerton-barnes‏ @RThockey 15 Dec 2019
        Replying to @scottlincicome

        sunk cost

        0 replies 0 retweets 2 likes
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      1. Seldom right, but never unsure‏ @Pete2303 15 Dec 2019
        Replying to @scottlincicome

        It would also mean all those massive endowments, and University owned real estate, built on that debt would be codified for those non-profits. They can then start the process again, as its becoming unsustainable.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Reinstated in August SOTS‏ @dshnapper 15 Dec 2019
        Replying to @scottlincicome

        And perhaps I should take out more loans that I may or may not be able to pay back, in the hopes of another such cancellation. Is there a term for this hazard?

        2 replies 0 retweets 8 likes
      3. EYE OF THE LIAR‏ @KCraters 15 Dec 2019
        Replying to @dshnapper @scottlincicome

        It used to be the state subsidized students’ education. Now students subsidize mega banks. That’s the moral hazard you should be worried about.

        1 reply 1 retweet 8 likes
      4. Show replies
      1. New conversation
      2. BetterWay‏ @BetterWay16 15 Dec 2019
        Replying to @scottlincicome

        Just like universal health coverage would be an affront to all who struggled with medical bills in the past?

        1 reply 1 retweet 4 likes
      3. Dave‏ @nwlyhockey 15 Dec 2019
        Replying to @BetterWay16 @scottlincicome

        So in your scenario, what should happen to the people who drained their savings paying off their debt?

        0 replies 0 retweets 0 likes
      4. End of conversation

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