You want to invest in the future of this country in a world market , make college free. pay for it like like 1- 12 grade is paid for. Get every dime needed to do that from the golden few at the top , Considering the average Billionaire in this country pays 8.2% in Taxes. Screw them . Doesn't mater what the rate is it only matter what they pay. No cap gain tax it should be taxed as income. because that is what it is.If we do not change the system, wont this need to be done every fee years?
This is stupid.
Fed should stop backing student loans. This is why there is a problem. Schools raise tuition, knowing the banks will loans as much as is needed, because the Fed backs the loans.
Its a grift, that is not stopping if we cancel existing debt.
IT WILL STILL ACCUMULATE.