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 路 7:35 PM UTC

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Replying to @marwilliamson
Wrong. It was a malevolent form of socialism to teach people that forcing others to pay for your education beyond K-12 was a good thing. You've got it exactly backwards.
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Replying to @marwilliamson
That鈥檚 like saying the reason we should not enforce modern laws is because before California was a state you could shoot someone if they annoyed you. The entirety of society is based upon the premise that its structure is not retroactively fungible.
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Replying to @marwilliamson
Make the schools pay them. Not me. I was not a participant.
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Replying to @marwilliamson
When choosing to major in a subject with little to no job prospects it's not a good idea to take out loans to attend an expensive school vs a cheaper school.
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Replying to @marwilliamson
Marianne, we cannot afford to make good on all the things that should never have happened.
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Replying to @marwilliamson
By that reasoning we should cancel all debt. Just go back in time far enough to when loans weren't available.
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Replying to @marwilliamson
It's the university system that did this, not taxpayers. SO! go after them.
Replying to @marwilliamson
Perhaps we go a step further and eliminate debt based society. Eliminate the Federal Reserve as we know it and switch to some resource based financial system. Our money being resource based would constrain it, eliminating most banks abilities to make predatory loans - leading to a huge correction in the marketplace. Everyone would panic because their pay would go way down, but then everything's price would go down and the rich and powerful (who didn't earn it) would literally be forced to bleed their wealth to the commoners. Because of the massive correction in the marketplace, even though wages would drastically decrease, housing prices would decrease even more along with food and everything else - we would go through a period of deflation. If we could also allow competing currencies within our country it would further hold existing currencies accountable; right now everything has to be converted to USD legally or you go to prison.
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Replying to @marwilliamson
Blame Politicians that now get bribes from Corporations to feed our dysfunctional government on the take .
Replying to @marwilliamson
Have the colleges and universities cover the debt. They are the ones that inflated the cost and reaped the rewards.
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