The Case For Forgiving Student Debt And “Free” College

I have been in favor of forgiving student debt since first hearing Jill Stein talking about the subject. To be honest, while I have been in favor of universal adult education for decades, I had not considered this possibility until I heard her speaking about it.

I get sick of hearing people calling this idea “Bernie Sanders’ idea”. No, it’s not. Fact is, this has been on the Green Party platform since 2014. Yes, the party platform. Compare to the DNC, which opposes the idea as a party. This is not something which will make it to the DNC platform any more than universal healthcare will. BTW, universal healthcare is also not “his idea”. I have been in favor of universal healthcare for decades also. Numerous countries have had universal healthcare and adult education for as long as 70 years.

If you truly support an idea, an issue, that means voting in a way that you can believe it may be acted upon because it takes more than one person to bring it to reality. When a party opposes legislation and a candidate has a history of compromise on vital issues, then talking points mean nothing at all.

No matter who may or may not bring student loan forgiveness into being, it is a very good, very effective idea which would benefit the economy to a great degree. So, let’s explore how it would help the economy and real people on the ground.

First of all, this would free up billions of dollars in a single year which is currently being paid to banks. In other…