@gfk_acid@Darrenlautf Lehman brother’s failed with a collective debt of $619 billion. When government’s label student debt relief as a handout, I try and not think of that number.
@gfk_acid@Darrenlautf Upskilling is great too. But debt relief for students acts like a tax cut stimulus reinvigorating economic activity. Short term it leads to modest increase in household consumption and investment. Long-term helps form small businesses, and increase homeownership.