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A comment on Student-Loan Debt Is Crushing Millennials. Parent comment

Re:Student-Loan Debt Is Crushing Millennials by gerbal on Friday November 02, 2018 @12:27PM (#18364312)
Fortunately most of the debt is held by the US department of Education, and could easily be written off. (Minor inflationary effects asside).
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Re:Student-Loan Debt Is Crushing Millennials by thrill on Friday November 02, 2018 @12:35PM (#18364418)
So, your solution is to stick the taxpayers with the debt?
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Re:Student-Loan Debt Is Crushing Millennials by gerbal on Friday November 02, 2018 @01:22PM (#18364882)
The actual costs of student loan forgiveness is fairly marginal compared to the economic benefits [1]. Further the federal government can write off debt without anyone ever having to pay for it. Student loans are created by the Treasury for the Department of Ed, repayment just gets dumped onto a balance sheet in the treasury that has no relationship to reality.

[1] http://www.levyinstitute.org/publications/the-macroeconomic-...

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Re:Student-Loan Debt Is Crushing Millennials by Judgmentality on Friday November 02, 2018 @01:08PM (#18364760)
I feel like that's a small step towards rectifying the destruction of a generation. This country has too much inequality as it is.
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