, 3 tweets, 1 min read
The guy appointed by Betsy DeVos to oversee the federal student loan system is resigning, says he now believes the government should cancel all student debt. "The time has come for us to end and stop the insanity." wsj.com/articles/trump…
"He would also advocate for a tax credit of up to $50,000 for people who already repaid student debt, which he sees as key to attracting wider support for canceling student debt"
One caveat to all this: "he is calling for moving toward a system that gets the government out of student lending," meaning, I think, one where it's much harder / maybe impossible to get a student loan if you're poor.
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