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American Rot: SCOTUS' War on the American People

Red Menace

CHAPTER

The Capitalist Argument for Student Loan Forgiveness

There's a capitalist argument for student loan forgiveness anyway, right? Which is that when the student loan pauses went into play consumption went up. And we saw that families that couldn't afford to spend could afford to spend. So everybody you care about is taken care of, but then a vast underclass of desperate people who just basically serve them and have no chance of upward mobility or political power. The Supreme Court and the right wing movement in this country is making it clear implicitly that they really do believe that higher education is for the children of the elite only.

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