Don’t Just Pay Off Student Debt. Make It Extinct.

May 21 2019 by The Daily Beast

 
Photo Illustration by Sarah Rogers/The Daily Beast/Photos Getty

Over the weekend billionaire Robert F. Smith pledged to pay off the student loan debt of Morehouse College’s 2019 graduating class. This is an incredibly generous gesture that rightfully deserves praise. But it does highlight the problematic normalization of crushing amounts of student loan debt, and our growing dependence on the billionaire class.

Morehouse President David A. Thomas described Smith’s move as “a liberation...

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