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
When the bailout is for business the money always comes, but suggest even a fraction of that amount of money go towards regular people and all of a sudden there's hand wringing and talk of moral hazards.

> it would embolden universities to ask even higher tuition.

Then cap the amount you give out loans. Many of them are back by one level of the government or another.

> 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.

This is a very flimsy argument. Shall we get rid of the polio vaccine since it's unfair to those who already contracted it that our efforts with the vaccine don't benefit them?