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
The problem with allowing student debt to rack up to these levels and then cancelling it is that it would embolden universities to ask even higher tuition. A second problem is that not all students get the benefit, some already paid off their debts or a large part of it. It would be unfair to them.

>>visarg+YA1
Yes but every policy is unfair. It literally is choosing where to give a limited resource, it can never be fully fair.

And there could be a change in the law that allows people to forgive student debt in personal bankruptcy, and that could make sure higher tuition doesnt happen.

>>jimkle+TC1
It would do more good in K12 or pre-K than it would paying off private debts held by white collar highly educated not rich yet due only to their young age university-bros.

>>greent+nM1
I'd say many of these university bros are actually parents to K12 and Pre-K and having parents not terribly in debt could help them focus more on being there for their kids and encouraging education.