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My point on the student debt thing is that 40 years ago 'student debt' was a laughable concept, now it's taking huge chunks of the economy down with it.

Like, 'costs of college' was a summer of flipping burgers for a semester, right? or approximating that? Now a full time job isn't sufficient to pay for tuition in a lot of cases.

I also don't really know enough about money or the past 30-40 years of economic history to comment in an intelligent manner.