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Kat Timpf: Talk of canceling or forgiving student loan debt is based on a false premise
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foxnews.comThe debate about whether or not we should “cancel” or “forgive” student loan debt has been raging for years, but a pretty crucial point keeps getting ignored — the fact that doing this is impossible.
When I say “impossible,” I don’t merely mean that the proposals are too expensive or that they wouldn’t achieve the economic boost that they promise.
Although I do believe those things are true as well. A recent Fox Business article by Megan Henney does a good job of explaining those details.
What I mean here is far more straightforward than any discussion about policy details and implications. What I mean when I say “impossible” is that student loan debt “forgiveness” and “cancelation” do not exist.That’s obvious by the fact that absolutely.
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