Michael Bloomberg’s Student Loan Plan is Not Good Enough

These days, the threat of the student loan crisis looms so large that anyone moderately involved in politics is aware of it. Total student debt in the United States is $1.6 trillion according to CNN in January of 2020. This surpasses automotive debt and credit card debt in the U.S. Worse, student loan debt is more difficult to discharge in bankruptcy filings than other forms of debt, meaning…