Sunday, August 19, 2012

Truest statement of the week II

I mean, we are talking about a trillion dollars worth of student debt.  We found a way to forgive much more than that from the bankers who caused this problem with the waste, fraud and abuse on Wall Street.  We think that the students who are the victims of this waste, fraud and abuse ought to have equal forgiveness.  So there are a variety of ways to do it.  There are some proposals that we do in other quantitative easing but it's time to do it for student debt rather than mortgage debt.  There are a variety of solutions.  I can't say that we're dedicated to any one of them at this point but I think in principle it's really important that we bail out the students for all kinds of reasons.  Our economy depends upon it.  They are indentured servants basically.  In order to move forward, we need to get them out of debt.


-- Green Party presidential candidate  Jill Stein explaining to Ross Reynolds (KUOW) her campaign's plan to forgive student loan debt.
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