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rthomas6  ·  1199 days ago  ·  link  ·    ·  parent  ·  post: What’s Wrong with Socialism?

The student debt situation is caused by the 1-2 combo of the loans being federally guaranteed, thus incentivizing the banks to lend almost unlimited amounts, and the loans not being dischargeable during bankruptcy. If you change those two things the problem will go away.