Student Jubilee

"And once that's done, the government can turn its attention toward ensuring that no future college students are burdened by such massive debt loads ever again. To make public education work as a vehicle for socioeconomic mobility—in a world of ever-rising tuition rates and stagnant wages for college graduates—we're going to need a new model for financing higher education. A simple and remarkably affordable option would be to make public universities free."

Eric Levitz at New York argues that "We Must Cancel Everyone's Student Debt, for the Economy's Sake."