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Biden Administration Cancels Another $7.7 Billion in Student Loans
(www.nytimes.com)
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this post was submitted on 22 May 2024
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politics
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Love this idea
Funny you mention exactly what I tell folks who push back against this - these programs already existed and have for awhile. They're good programs designed to help justify people entering the public sector as opposed to everyone starting a private for-profit practice!
Even doing it for private workers would be good for everyone
No one takes out tens of thousands of dollars in debt for shits and giggles, even 18 year old kids.
Some take more than they should and spend it on stupid stuff, but I've just never seen any situation where any type of means testing has been beneficial.
Especially as I'm getting older and what's been happening the last couple years, I'm all about my taxes funding America's education and future economic prosperity rather than funding another countries genocide, tax breaks for the wealthy, or bailouts to failing industries.
Anyone that's played grand strategy games knows education pays off dividends in the future, and I sure as hell want the generations running shit when I'm old and feeble to be well educated.