I've got mixed opinions on this one––I feel like we often wrongly conflate "the elite" and "those with a college degree". The real losers if we cancel student loan debt is probably decamillionaires+ due to taxes.
That said, I'm not in favor of immediate student loan cancellation. I think we need a sustainable solution to prevent a rebuild-up of student loans first, and I think we also need to aim to implement the same solutions for those in trade school for the same reason the author mentions. If we're in favor of public funding for secondary schools, why not post-secondary where folks actually tend to learn to critically think and learn their skills for the job market?
That said, I'm not in favor of immediate student loan cancellation. I think we need a sustainable solution to prevent a rebuild-up of student loans first, and I think we also need to aim to implement the same solutions for those in trade school for the same reason the author mentions. If we're in favor of public funding for secondary schools, why not post-secondary where folks actually tend to learn to critically think and learn their skills for the job market?