In light of the dear resident's sweeping student debt cancellation announcement, I'm going to go one better.
I'M going to cancel all YOUR debt. Whether it be student debt (why stop there?) or credit, or car or home, or mob, loan shark, what-have-you. It's canceled. You now owe none of that to any of those people or organizations. Ta da!
Don't it feel good?
That's what the bible prescribes. But is there any evidence that it ever happened?
The Bible also prescribes that farmers' fields should lay fallow once every 7 years, but I don't think that was observed either.
When I was growing up in England that was still the - 7th year was a rest for the soil.
Rule of 7’s Its biblical, and a financial tool.