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>the Fed does an "asset swap" of all the student loan debt which banks have with bonds that have higher denominated yields and duration
>After doing this the Fed credits the accounts of all students with an equivalent amount of the student loan debt in cash
>students can use this cash to start businesses which would generate profits that would pay off the interest required to pay the student loan bonds that banks hold
>students who waste that money and do not start a business will be executed
>the economy grows rapidly and millions of businesses and jobs will be created
>everyone wins
Why is this policy not being implemented RIGHT NOW?
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>>1797610
Students not able to pay back their loan despite having a 'degree' (feminism, art, history of african agriculture) won't be able to start a succesful business. They are just an overall failure.
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>>1797610
>This is what college fags actually believe
Not gonna happen goy. You fell for the higher education meme and now you owe the jews.
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>>1797610
>people accumulate massive amounts of debt in their earliest stage of adulthood
>give them MORE money!
>they couldn't get jobs or be smart enough to not take on way too much debt at once with a horrible investment like a Women's Studies degree, but they'll make 'successful businesses' out of other Americans' money!
>Why is this policy not being implemented RIGHT NOW?
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>>1797610
They just need to make a program whereby the debt can be discharged in bankruptcy after a certain quantity of time. There's no reason for these bad debts to be held on the books for 10+ years if payments aren't being made.
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>>1797610
> millions of businesses and jobs will be created
I honestly can't believe how retard you people are sometimes.
What businesses do you think millions of people with zero expertise would be starting that wouldn't be crushed by both established businesses and new competition, within weeks?
Hell even among entrepreneurs today, who are passionate and decide dedicate their lives to a business idea, most fail horribly or just sell their idea.
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>>1797610
This is illogical on so many levels it would take me 3 paragraphs to explain away everything you have just posted.
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>>1797610
Sure, let's double down on faggots with "Gender Studies" majors and six figure debt.
What could POSSIBLY go wrong?
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