Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "Sen. Chuck Schumer and Sen. Liz Warren just proposed forgiving $50,000 in student debt"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I read the 6 page resolution -- https://www.politico.com/f/?id=00000174-9b5b-d59c-a174-df5f0b960000 -- can someone explain how exactly this $1 trillion write-off is "paid"? I was under the impression Obama used this same fed student loan portfolio to help fund Obamacare? And I also believe the interest on this portfolio is one of the government's largest money makers. Hypothetical: Trump signed this tomorrow, what's the fall out when all that revenue vanishes? At 5%, that's $50bn a year in vig alone, plus principal.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
