Joy Ann Reid asked Elizabeth Warren whether there wasn’t a “moral hazard” involved in cancelling the student debt. But the moral hazard was making the attainment of a higher education such a weight on the back of people simply trying to better themselves to begin with.

Apr 14, 2022 · 11:43 AM UTC

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Replying to @marwilliamson
I can just guess why she asked THAT question
Replying to @marwilliamson
You can argue for cheap or free college options, which some states currently have. But canceling someone’s debt, which they took on in good faith is a joke. When someone signs a loan they are required to repay. Let’s call canceling debt, what it is. A payoff to young Dem voters
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Replying to @marwilliamson
Or the absolute moral confusion over whether people with existing debt should be the only ones absolved, as opposed to including reimbursements for those that paid.
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Replying to @marwilliamson
Joy Ann Reid is a Republican
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Replying to @marwilliamson
providing federal money as a backstop for student loans provide colleges with NO incentive to control costs. rising college costs have more to do with amenities than education quality. we need a hard cap on the amount of a federal funded student loan to achieve cost control.
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Replying to @marwilliamson
We are replacing most of the entire Educational Industrial Complex with completely new opportunities for learning as we go. The system is based on studying and writing about life, rather than living it. Academic elites run it, forgetting that there’s more to life than academics.
Replying to @marwilliamson
Higher education should be a right not a privilege for those who can afford it. This is true for all free nations. Corporations could fund many if not all providers of higher education, and reduce their taxes by doing so.
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Replying to @marwilliamson
There’s a moral hazard in living in a country with undereducated citizens. Lack of education is both a public safety and a national security issue.
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Replying to @marwilliamson
Should we cancel student debt, or just cancel the predatory, mortgage-like interest structure levied on people who will NEVER make progress on the principle?
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Replying to @marwilliamson
Who are all these pro-debt MW followers? Weird.