all 3 comments

[–]Tom_BombadilNational status = freedom 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Up-vote for AOC.

[–][deleted]  (3 children)

[deleted]

    [–]Tom_BombadilNational status = freedom 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

    I paid off my loans already, and I strongly support this.

    They bailed out the predatory banks. Bail out a full generation of young adults, so they can have a future.

    [–][deleted]  (1 child)

    [deleted]

      [–]Tom_BombadilNational status = freedom 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

      Many issues are structural in their scope.

      This is a problem that can be literally solved by throwing money at it. The existing student debt situation is beyond insane, and 100% deliberate. It's designed to suppress the adult life of most young adults who graduated after 2000.

      2005 Bush signed the no bankruptcy for student loan debt.
      Tuition increased x2 to x4 in most schools since 2005.
      Recession/depression hits in 2008, which devastated the entry markets until 2012/13.

      IMO the inability to file bankruptcy places student debt into a unique category of "odious debt". Young adults sign up for it, because they feel that's the only option that's placed in front of them.
      Given their general lack of life experience, they truly have no idea what that signing up for. There's no bankruptcy, so they're permanently shackled to it. It's criminal to let kids sign up for this.

      Tuition's cheaper everywhere else. They We were robbed.