I just got an email to sign a petition to forgive student loan debt, what do you think about that idea?
The theory is it would put more money in the hands of Americans, leading to more spending, leading to a better economy.
At first glance I don’t like the idea, but want to hear what other people think.
There are all sorts of reasons why I don’t like it. One is I think people should pay their debts. Two, the government needs money right now. Three, I think the whole tuition going up much faster than inflation is a big problem, and I think student loans probably feeds the problem, so I want the underlying problem fixed.
What’s your opnion, and if you don’t mind I am curious what political party you identify with. I am a Democrat.