The reason we should cancel the entire student loan debt is because those loans should never have existed to begin with. Before the 1970s, we had near. tuition free situations in Florida, Texas, and California. This was a malevolent strain of capitalism reaching into the pockets of some of our most vulnerable citizens, people simply trying to better their lives by getting a higher education. Every other advanced democracy has tuition free higher Ed. We should too.

Aug 22, 2023 · 7:35 PM UTC

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Replying to @marwilliamson
Don't blame capitalism, this was cronyism. The gov't guaranteed student loans allowing ANYONE, regardless of qualifications or potential marketability of degree to attend college. This created a huge demand and colleges raised their tuitions accordingly. This was a gov't failure.
Replying to @marwilliamson
This is the exact reason high school students need an education system teaching them consumer economics.
Replying to @marwilliamson
Education is in the government’s hand, not the capitalists. You apparently have no clue of economics!
Replying to @marwilliamson
Bit they do exist. They were voluntary, and should be paid for. If they are government loans just eliminate the interest and let them pay the principle.
Who federalized student loans leading to the crisis? Retards
Replying to @marwilliamson
Well then taxes should be stopped as well. They did not exist before 1861 The Civil War prompted the first American income tax in 1861. At first, Congress placed a flat 3-percent tax on all incomes over $800 and later modified this principle to include a graduated tax.
Replying to @marwilliamson
Willy here thinks your grandchildren’s grandchildren signed those loan contracts.🤪🤪🤪🖕🏻
Replying to @marwilliamson
They don't disappear..they turn into country debt and then you all are taxed to pay that debt You libtards aren't very smart
Replying to @marwilliamson
Pay those of us back who already paid. It's only fair. Up to 25k a graduated student or something like that, so the six figure guys with high debt don't get unfair advantages. I like that but only if it doesn't fuck over the economy more than it is already fucked with inflation.
Replying to @marwilliamson
The universities should pay those loans, taken out for highly inflated tuition, for an education toward a degree that will never provide a wage suitable to repay their loan. Greed strapped to the backs of young people by a bloated higher education system offering dead ends.