In this short podcast we highlight a few of the major problems we see with the idea of student loan forgiveness, such as fairness, how we pay for it, and the fact that student loan forgiveness does not address the larger problem of an overall broken system. Instead of, we discuss the possibility of an alternative solution (hint: in our solution, big banks will stop benefitting from student loans). Listen for more!
In this episode:
Crisis means act now or people will die! [1:00]
The first problem with student loan forgiveness [2:00]
Who decides who gets how much of student loan forgiveness? [4:00]
How do we collectively decide who gets to go to school if it’s all subsidized? [5:00]
One real solution to the current debt problem [6:00]
What if the government took over all the current student loan debt? [7:00
How to create a starting point [1:00]