Here’s a great response to demands for student debt cancelation.

Robert Wiblin gets to the economics of student debt cancelation in a dead-on way with this comment:

Cancelling student debt is good but we could do more.

The government should also tax non-college grads in order to fund a $5,000 annual gift for all college grads as a way to show appreciation for how smart and productive we are.

As Glenn Reynolds quips, Wiblin is making a funny, but his proposal could very well find its way into the Democrats’ platform.

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