Reply to Canceling $10k of student loan debt is stupid.

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Reply to "Canceling $10k of student loan debt is stupid."

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you don't like the idea of $10,000 being forgiven by the federal government for the average student after a pandemic, you're really going to hate that your Congresspeople have received $100,000 to $4.3 million in loans forgiven by the government, while collecting a generous and stable taxpayer-funded salary throughout.  And many of them are from the GOP and are the same people screaming about how it's irresponsible to forgive all this debt.

[img]https://pbs.twimg.com/media/FbCoTglX0AAQfAg?format=jpg&name=small[/img][/quote]

I don’t have a problem with people having government loans forgiven when they work for the government. Want to work as a teacher, police officer, public librarian, serve in the military, or work in congress? Great! But I do have a problem with doling out money to everyone who paid too much for a degree they can’t afford. [/quote]

You're confused.  The loans to these Congressmen weren't forgiven because they were Congressmen.  $740 bn was forgiven to these "owners of small businesses" who happened to also have a full-time taxpayer job as Congresspeople.  Never mind that no one can seem to figure out what Marjorie Taylor Greene actually does as "owner of her small business" and that an audit suggested that $82 bn of loans went to businesses that appeared fraudulent.[/quote]

I have no idea how the congress people used the PPP loans but not everyone abused the system who received them - we sure didn't.  Every penny of the PPP loan went to wages that were paid to staff that were out for covid, maintaining employees during the two years of covid and covid related expenses. Every bit of which was required by law during that time.  We did not have a choice but to incur those expenses for our business where students had a choice to incur student debt.  There is a difference when the government mandates incredibly costly rules on businesses with little notice during a time when business is low vs. a student deciding to take on debt.  You cannot compare the two.
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