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Reply to "What is going on with student loans?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Loans were forgiven because they were given out with the intent of keeping people on payrolls from being fired- they were not really loans. The student loans were given out with the intent they would be paid back, and the government was getting the students a good deal on interest rates.[/quote] In other words, the PPP was intended as a massive give-away to businesses with no oversight or accountability, so it can’t be criticized. You say the purpose was to keep employees on payrolls but many of the did layoff or furlough their employees but got to keep the PPP money and the government also paid unemployment benefits to their laid off workers. You are right that it is not the same as student loan forgiveness, PPP was much worse in every way. [/quote] PPP was also given to churches. Mine got over $1M.[/quote] The PPP is a good example of how much the government is bullshit, stupid, and run by a bunch of grifters. And another reason we should keep them out of as much of our lives as possible. [/quote] Can you believe I go to an evangelical conservative church? Lol...the hypocrisy.[/quote]
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