Student loan debt in the United States has reached $ 1.6 billions of dollars owed by tens of millions of people, leading to calls for its erasure, even as opponents worry about the economic and ethical consequences. Onion assesses the pros and cons of student debt cancellation.

PRO

Money, a powerful deterrent against poverty

It might be cool to live in a society where people can afford to learn things and improve

Will exasperate the baby boomers

At this point, who is going to notice another $ 1.5 trillion deficit?

Makes it easier to approve a much larger graduate loan

CON

Millennials will gain a sense of security and self-worth

Endanger the careers of thousands of telephone debt collectors

Ability to pay for basic necessities would mean less time spent with parents

Alumni association callers will assume you have more money to spend

Teach ordinary people a dangerous false lesson that they will be treated the same as rich people

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