For me, the obvious question about the proposal to forgive student loans — as made, for instance, by Astra Taylor here — is this: Why only student loans? Millions of Americans who have never attended college are being crushed by debt. Why shouldn’t something be done for them?
Imagine how this looks to all those working-class people who aren’t sure how they’re going to pay their rent next month, who have made far too many visits to payday lenders. “We’re going to have everything we own taken away while all you super-woke people campaign to have the government pay for your MFA in set design. And you call that being progressive.”
UPDATE: Freddie’s position is the right one to take about these matters. If people who are currently focused obsessively on getting their own loans canceled took their bearings from what he says here, this conversation would be a more productive once.