4min chapter

Red Menace cover image

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode