This Picture Will Make You Think Forgiving Student Debt Isn't So Crazy After All

[abelenkpe]

23. I rent and have paid off my student loans

and do think that student loans should be wiped out. Also those who have debt because of medical expenses. It's wrong that families can be thrown into bankruptcy for simply being unlucky enough to have a relative with a serious disease or who has been in an accident. And while we're at it those with underwater mortgages should have their principle reduced. I'm ok with not being reimbursed for my loans because this type of jubilee would benefit me in many ways. More people would be able to service their loans and pay taxes, reducing the need for higher taxes. More people would be able to afford to go to movies, out to eat, take vacations, etc etc etc improving the economy as a whole. As the economy improves from the ground up it would mean greater job security for all workers, heck maybe even a return to the heady days of annual raises. Jubilee is the only humane answer to the global economic crisis. Austerity is the path that will punish the working class for the mistakes of wall street and lead to massive unrest and potentially war. I know which path I'd choose.