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PC's avatar

Well Charlie...I still disagree with you vehemently on this issue. Executive orders are the result of a gutless and useless legislative branch that spends its time investigating each other rather than doing their duty. MILLIONS of Americans are heavily burdened by student debt. It may not be a crisis as you would define it but for those Americans it is. We bail out airlines, other countries and special interests all the time. It is refreshing to see a President act for the American people. Republicans whine constantly about the cost...on their watch, the top 1% got quite a tax cut that benefitted very few yet , that was ok? Anyhoo..love the Bulwark and all you guys do! PC

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Jeff L.'s avatar

I’m old enough to remember when the neocons were all in on executive power. Spend trillions of dollars to invade another country because we don’t like the guy in charge? CHECK!

Spend a fraction of that amount to release millions of Americans from indentured servitude to a predatory student loan system? TYRANNY!

This is my now almost weekly reminder that the one tide that is historically proven to lift all boats is education (not trickle-down economics, despite the GOP’s long-suffering devotion to that turd of a theory). The student loans people took out to get a college education were invested in local communities (restaurants, clothing stores, mechanic shops, etc.)… and the spillover effects of having more dentists, and doctors and even (gasp!) philosophy majors in a community are also well documented.

But, HEAVEN FORBID we try to do anything about the crushing debt these folks took on to give those benefits to their communities! SOCIALISM!!! Why, if we let these folks off the hook it might even incentivize more people to get educated! An educated populace? National disaster! I mean, just look at the dystopian wastelands of Canada, Sweden, Norway and every other country that provides a free university education to citizens. What would happen to us if we emulated their happier citizens and better healthcare systems?! Better the vagaries of the free market and for-profit lending in education, I say!

Gimme a break… Charlie, we agree on a lot, but you’re dead wrong on student loans. (And this is coming from a guy who gets no direct benefit out of the program.)

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