Quote:
Originally Posted by Gemini562
So the idea behind canceling student loan debt is kind of like hitting a big reset button for a lot of people. You know how student loans can be a massive burden, right? Well, when folks are stuck paying off huge amounts of debt, they're less likely to do stuff like buy houses, start businesses, or just splash out on things that keep the economy buzzing. I mean it's pretty stressful having that financial cloud hanging over you.
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I'm also sure that cloud is a major reason why the birth rate is so low. People are concerned they can barely provide for themselves with clouds like that hanging over them so why start families?
https://www.bbc.com/news/world-us-canada-57003722