We just passed 10k from covid-19. Only last week a "low" estimation of covid deaths this year was 200k. So it seems the expectation is there will be many, many more, and we're just at the start of all this.
On the other hand, it also seems this week like the infamous curve is beginning to flatten, and the epidemic is slowing down. Does this contradict the "low" 200k number? Or does the 200k number factor this in, and indicates that the "long tail" of the disease will be very long and damaging indeed?
Some of the clips show in the video referenced in the article actually seem pretty "sane" to me - the one guy saying "I'm not worried about getting this illness", another saying for most people it will seem just like the flu. Those two statements, as far as we know, are not that outlandish, right? I'm certainly not worried about myself, and for many people it does seem to be mild or asymptomatic?
I don't want to have an "opinion" on this matter, I want to interpret the data and understand the truth, Fauci-style.
[0] https://www.cdc.gov/flu/about/burden/preliminary-in-season-e...
The flu season is 6 months for ~ 40k deaths.
We are at 10k deaths of covid in the USA. Depending on how you measure the 'season' it could be as little as a month in. If we keep with these numbers it will surely pass the flu death toll for the same time period.
Now also consider that unlike flu, we have no vaccine and the virus kills people in the prime of their life just as much as the elderly. We also have no idea on the way this virus works. We are making assumptions that it will work like a normal flu virus. There is anecdotal evidence it resides in people even after they have 'recovered', which isn't the same as a normal flu or cold. It is certainly something to be concerned with.
The reason they aren't dischargeable is because what bank in their right mind would give a loan to an 18 year old with no collateral? They only guarantee they get that it will be paid back is the fact that it can't be discharged.
Student loans would dry up overnight if they could be discharged at bankruptcy.
That being said, I actually think that's a good thing, because it would force colleges to charge reasonable tuition rates and also offer scholarships if they want to get the best students.
But barring shifting to a European model of college funding, I don't see the US allowing dischargeable loans, nor do I think they should, because the reality of it is that colleges won't reduce their rates nor increase their scholarships, they would just be completely out of reach of poor and middle class students.
The reality is that the they should be out of reach to poor or middle class students TODAY. They are not serving those people and are actively making their lives worse by saddling them with outrageous debt and no prospect of meaningful employment.
If the US changed bankruptcy it would force the colleges to change as well. Lenders are not going to be sending children into the workforce with zero chance to recoup that loan, and they are not going to want to bloat the college stay to ridiculous proportions.