Academically would be hard to say as I am not currently a student, however as someone who recently (about a year ago) graduated high school, I can attest that technology is an immense help when it comes to schooling. Online tools for writing and sharing documents, presentations, and general info among classmates. I know that several of the school projects I was assigned would be impossible to complete with stricter internet policies. I also still do research for projects I work on in my free time, or for more knowledge on subjects I'm interested in. A restricted internet might make resou… Read morerces harder to find, and therefore make research more time consuming, and also may lead to less options to compare to each other, to serve the purpose of eliminating bias.
As for my social life, as someone who lives in a rural area, I don't have many ways to communicate with or make new friends outside of internet platforms, such as Discord. While many common social media platforms such as Reddit, X (formerly Twitter) and Discord have served as hubs for neo-nazis, the alt right, and several fascist groups, it doesn't seem fair to people who rely on current internet freedoms to communicate with friends and find research for both academic and non-academic purposes.
A better way to solve this issue, rather than to restrict the internet in its entirety, would be for the government to force services to come up with better moderation teams. A vast issue of these groups spreading isn't the platform itself being a hub, but rather that fascist groups are able to freely gather and spread, no matter how vile the content they produce, or the actions they enforce are.