There is so much in the news these days about how the Democratic candidates for President wish to cancel student debt. Personally, I am all for it, kind of. I would work it like this.
First, we establish a pseudo-military type operation where we have bases for all the individuals who want their debt canceled can report to and live.
Next, we provide "free food and housing" for them while they serve the nation for a period of time to reduce their debt.
Service should include such things as cleaning up the streets filled with litter, feeding the homeless, building small independent dwellings for the homeless on public land owned by the various governments, and teaching people the basic skills necessary to survive (i.e. reading and writing in English).
Finally, their debt repayment should be at a living wage or greater rate. Personally, I'm all for forgiving debt at a rate of say $35,000 per year. So if you had $100,000 in debt you could pay it off in a mere 34 months, and the nation would be that much better for the service.
I doubt many will agree with me on this, especially those who want their debt forgiven without any cost to themselves.
Just a thought
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