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Something like 95% of law students go to law school wanting to do public-interest law; 5% actually do. That's not because of some nefarious PMC socialization. It's because we come out with $100-200k in loans. Get rid of them and suddenly we can afford to leave BigLaw. https://twitter.com/mattyglesias/status/1342159706316546048
This isn't conjecture. I spent nearly three years in BigLaw because I needed to pay off my loans. I was able to get out early because of a rapprochement with a family member who helped me pay off what was left. I immediately took a >50% pay cut to go do pro bono work full time.
Now imagine a whole generation of law students affording rent without representing BP or Amazon. One lawyer alone could do dozens of eviction-defense cases a year. Imagine thousands notices of appearance in these cases by people actually trained in the practice of law.
Now imagine how much easier it is to afford Medicare for All if doctors aren't saddled with $400,000 in debt.
The moderates are dead wrong on this one. The social utility of eliminating all student debt is astronomical.
The moderates are dead wrong on this one. The social utility of eliminating all student debt is astronomical.
Look, Nathan Robinson is a grifting POS. But if the price of liberating a hundred potential public-interest lawyers is that one grifting POS gets his loans paid back, I'm good with it. https://twitter.com/BThebird/status/1342212307514925057
We have this program. Forgiveness came due during the Trump administration & guess what: Thousands of folks who spent 10 years doing public-interest work, paying less than the interest on their loans, got completely stiffed. No one's getting fooled again. https://twitter.com/kate10010/status/1342215163680870402
