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Our entire economy is built on people being fucking idiots about their money. People buying homes they can't afford, running up credit card debt they can't pay, taking out loans to start up businesses that will fail.
You start expecting everyone to do the right thing and the economy will collapse. Home prices will plummet. Demand for consumer goods will drop off a cliff
But yeah, let's expect everyone to pay off their loans by just all of a sudden becoming financial wizards when the cost of tuition has outpaced wage increases by 8x.
There is a pressing public interest in keeping people educated. We should act like it and forgive student debt, then making college more affordable after that
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