Canceling Student Debt Is Wrong on Every Level

Canceling Student Debt Is Wrong on Every Level
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Michael Wilkerson
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The Concept of Fairness and Student Debts

One of the first things a toddler learns to say is “That’s not fair!”  It turns out that the idea of fairness, a concept related to justice, is intuitive from an early age. Even 3-year-olds understand that merit is fundamental to fairness. Merit is the idea that “rewards should be distributed according to how much someone contributed to a task.” According to Harvard researchers, “merit seems to be an essential part of the earliest forms of fairness that children display.” This understanding allows children of an otherwise ego-centric age to reward the work of others, surprisingly, even at a cost to themselves.

The problem is that this natural inclination can be easily perverted by the ego’s need for control and power; instead of rewarding those who work hard, it reaps the rewards for itself.

Michael Wilkerson
Michael Wilkerson
Author
Michael Wilkerson is a strategic adviser, investor, and author. He's the founder of Stormwall Advisors and Stormwall.com. His latest book is “Why America Matters: The Case for a New Exceptionalism” (2022).
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