[lbo-talk] Printing money

Patrick Bond pbond at mail.ngo.za
Sun Aug 28 12:04:07 PDT 2016


Anyone have any knowledge about the Green Party plan to write off 43 million debtors' student loans? Could be a massive vote-harvester if pushed once kids get back to school next week (or so it would seem from faraway, here in Joburg where we have fantastic student mobilizations on the same question).

The CNN and Fox interviews touching on this were intriguing but not too rigorous. Which political economists have been contributing to the ideas? It's hard to find anything substantive online yet:

http://www.jill2016.com/fb_ad_student_loans

Jill Stein supports completely abolishing student debt.

She takes a common sense approach to the issue. When asked how she would handle it, here's what she said:

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"We are the only campaign that will cancel all student loan debt. Cancel the debt.

We did it for the corporate crooks, why don't we do it for the young people who are the victims of those corporate crooks.

We will bail out Millennials and the generation held hostage in debt. When they tell you it's futile, that resistance is futile, tell them where to shove it.

Forget the lesser evil, fight for the greater good. We can do this. We can create an America - and a world - that works for all of us."



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