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Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market by danaliv on Tuesday December 05, 2017 @11:42AM (#15852897)
> Some (many?) would like to see a government funded system

Depending on how the debt situation falls out, we might already have that. :-\

Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market by InitialLastName on Tuesday December 05, 2017 @11:51AM (#15853001)
You're being sardonic, but socialism-by-bailout seems like an interesting experiment.

Next, we automatically bail out everyone with medical debt -> universal healthcare!

Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market by berbec on Tuesday December 05, 2017 @12:41PM (#15853616)
I detected slight sarcasm, but you may be more right than you know. We'll see in 3 years, or less (please)
Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market by InitialLastName on Tuesday December 05, 2017 @01:37PM (#15854330)
No sarcasm. I suspect this kind of bureaucratic sideloading might be the only way to get these changes done. One further: if the Fed starts an index fund and distributes the dividends equally to the American people, do we suddenly have UBI tied to the national GDP? If that index fund gets large enough that it owns a significant portion of the economy, do we have distributed control of the means of production?
Re:Student Loan Debt Is Now as Big as the U.S. Junk Bond Market by ionised on Wednesday December 06, 2017 @10:59AM (#15862067)
We already had that when the banks were bailed out.

Socialise the losses, privatise the profits.