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
A lot of the increases in college costs happened because of the availability of more money through student loans. Hey, the money was there, so the colleges charged more because they knew they could get it.
Replying to @marwilliamson
Love Joy Ann Reid. Betting she has zero student loans outstanding. And all the people so worried about "taxpayers" are being either intentionally obtuse or disingenuous IMO. Taxpayers bail out rich people and banks etc. ALL THE TIME!
Replying to @marwilliamson
EW doesn't see it that way. Some Univ. offer free educ to exceptionally talented students. That's progress!
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Replying to @marwilliamson
Why is the “greedy” label never pinned on the universities?
Replying to @marwilliamson
I'm quite skeptical that you have a clear definition of 'moral hazard'. I'm also dismayed with the comparison of the two situations, interpreting you to be suggesting that one wrong makes another wrong right. I would appreciate more clarity on what you're meaning to say.
Replying to @marwilliamson
The moral hazard is watching MSM from the onset.
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Replying to @marwilliamson
Facts. What the hell kind of question is that? I’m sure she HAD/HAS student loans….unless she was directed/told to ask such a ridiculous question.
Replying to @marwilliamson
Morals? students have been defrauded by politicians n lenders for years into believing education is the gateway to a better life, while the corporatocracy, that they all r, have made it impossible for the young to achieve better. N it’s not “loan forgiveness”, it’s called justice
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Replying to @marwilliamson
Millenials took out student loans in their late teens and early 20s when they were legally adults, but lacked adult judgment. Our brains don't fully mature until our mid-20s. Forgive up to $20,000.
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Replying to @marwilliamson
What about future student debt? In my field the school one can afford heavily impacts the job they will land after words. Should some get free education at an expensive school because their parents finances looked good? While I pay the same amount for an avg/ below avg school?
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