I follow a few progressives on Twitter, and I've been flabbergasted by just how naive a lot of younger (supposed) college grads are about gov't finances, modern monetary theory, etc. There's apparently a whole generation who really believe that "money" is just made up - that printing trillions of dollars or wiping away the same amount of debt can be done with 0 consequences, and that inflation is just some myth concocted by evil bankers or Republicans.

Interesting about the Obamacare funds. Obviously all debt payments to the gov't are subsidies to some other group, but I did not know that these indebted students were literally funding another program that they themselves advocate for (though they assume it can be paid for if they just tax the "billionaires" a bit more). Their heads would explode if someone told them that we could have Medicare for all (another huge line item they want) if we just bumped up the interest rates on their own student debt.

Funny how none of the progressive politicians (e.g. AOC) who claim to want Biden to cancel the debt have not come clean with their Twitter fans - that in order to cancel the debt, it'd come at the expense of Obamacare subsidies for people much poorer than most of the indebted grads who want the debt wiped away.