For those who are new to this conversation, and claim that cancelling the debt doesn't solve the fundamental problem: Everyone advocating for student debt cancellation is also a supporter of making colleges and trade school tuition-free, and sees cancellation as an intentional strategy to accomplish that.
The reason there is this present focus on Biden using his executive order to cancel student debt is because (1) he has that power to do so right now, (2) nobody expects congress to pass legislation to cancel it over the next four years, and (3) because cancelling all of that debt would force congress to enact tuition-free legislation or be doomed to allow the debt to be cancelled every time a Democratic president takes office (since a precedent will have been set).
Meaning, to avoid the need for endless future cancellation (an unsustainable situation for our economy) the onus would be forced onto congress (against their will) to pass some kind of tuition-free legislation whether they like it or not.
As a side note, because the federal government will be the primary customer for higher education, that means they also have a ton of leverage to negotiate tuition rates down so that schools aren't simply overcharging the government instead of students.
finalgarlicdis on June 10th, 2021 at 18:59 UTC »
For those who are new to this conversation, and claim that cancelling the debt doesn't solve the fundamental problem: Everyone advocating for student debt cancellation is also a supporter of making colleges and trade school tuition-free, and sees cancellation as an intentional strategy to accomplish that.
The reason there is this present focus on Biden using his executive order to cancel student debt is because (1) he has that power to do so right now, (2) nobody expects congress to pass legislation to cancel it over the next four years, and (3) because cancelling all of that debt would force congress to enact tuition-free legislation or be doomed to allow the debt to be cancelled every time a Democratic president takes office (since a precedent will have been set).
Meaning, to avoid the need for endless future cancellation (an unsustainable situation for our economy) the onus would be forced onto congress (against their will) to pass some kind of tuition-free legislation whether they like it or not.
As a side note, because the federal government will be the primary customer for higher education, that means they also have a ton of leverage to negotiate tuition rates down so that schools aren't simply overcharging the government instead of students.
the_lil_dstryr on June 10th, 2021 at 19:33 UTC »
Why isn’t there a cancel student debt March on Washington?
eluna303 on June 10th, 2021 at 20:30 UTC »
Also THC-9 legalization please. People should not be going to prison and having their lives ruined over a few joints and brownies.