zlacker

>>tedsan+(OP)
This is so much money with which we could actually solve problems in the world. maybe even stop wars which break out because of scarcity issues.

maybe i am getting to old or to friendly to humans, but it's staggering to me how the priorities are for such things.

>>deknos+6a1
For less than this same price tag, we could’ve eliminated student loan debt for ~20 million Americans. It would in turn open a myriad number of opportunities, like owning a home and/or feeling more comfortable starting a family. It would stimulate the economy in predictable ways.

Instead we gave a small number of people all of this money for a moonshot in a state where they squabble over who’s allowed to use which bathroom and if I need an abortion I might die.

>>CSSer+xk1
Eliminating some student debt is a fish. Free university is the fishing rod. Do that instead.

>>nejsjs+Sw1
we are vastly overspending and will either need to monetize the debt (disastrous) or massively cut spending and raise taxes in the future. already now, we need to massively raise taxes on the wealthy but even that will be insufficient with our current spend.

free college is just a giveaway to the wealthier third of our society and irresponsible with our current fiscal situation.

>>whimsi+e92
Good point. Then next best is limit the lending. If a uni wants to charge 50k a year then they need to find rich students who can pay cash. If they want the smartest students they need to find ways to be affordable. Only lend money for affordable universities basically. That will force efficiency, reduce admin etc.

>>nejsjs+cb2
So end subsidized student loans? Yes that would be a good policy. Not sure how you can ban people from taking out loans writ large though.

>>whimsi+cd2
> Not sure how you can ban people from taking out loans writ large though

Let them be discharged in bankruptcy. The system will fix itself around that.