Rep. Ayanna Pressley (D-MA) wrote that expecting people to repay student loans is “policy violence.” As part of a thread she posted on Twitter, she wrote, “Let’s make it plain: student debt is policy violence.”
She added that she would keep building a “grassroots movement” to cancel student debt.
In response, Brad Polumbo of the Washington Examiner wrote that Pressley’s policy goal of eliminating student debt would harm the people she claims to be fighting for. He noted that the plan to cancel debt is regressive. It compels working-class Americans to pay additional taxes to subsidize the benefit paid to higher-income college-educated workers.
Polumbo also said that the plan would be “insanely expensive” while overlooking the failed government policies that have led to runaway college costs. A Yahoo Finance survey revealed that 54 percent of American voters opposed student loan debt cancellation earlier this year.
Like virtually all Democrats, Pressley has no real-world understanding of economics or actual trade-offs. When the government began guaranteeing the repayment of student loans, it was only a matter of time before politicians and education lobbyists moved to have the loans directly issued by the government.
The politicians and institutions favoring the tremendous increase in student loan availability did not consider or care about the inevitable impact on college costs. When students have what feels like “free money,” at least upfront, the rational response of colleges was to raise prices and find new ways to spend money on additional administrators, new buildings, and all sorts of perks to attract the increasing supply of new students rushing into the market.
Pressley takes the Congressional Progressive Caucus approach of describing any political disagreement with her radical leftist proposals as acts of aggression and even violence. Leftists have learned over the decades that when speech is declared to be violent, the government is the justifiable means to control and silence it.
There are still enough regular and sensical members of Congress to make forgiving $1.7 trillion in student debt owed by educated people a political non-starter, for now.