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[quote=Anonymous][quote=Anonymous]crazy how much milllions Mcdonald's got from PPP Loan...
not sure why because they were never closed

https://projects.propublica.org/coronavirus/bailouts/search?q=mcdonalds+&v=3[/quote]

I don’t understand why people keep coming to PPP to justify student loan forgiveness?? That moment in time when the world was going to hell and in order to pump money to keep things afloat it made sense, did some get it when they didn’t qualify yes, but was it needed in that moment?? Yes. We would be 1000x worst if it was not done.  Student loans are a different beast. People signed on the dotted line, got the degree of choice and it has to be paid back.  If you do a blanket forgiveness, will people get it that don’t deserve it? Yes of course, who making 100k a year needs help?? Doesn’t make sense.  I think this is a problem that needs greater thought. You forgive people in the work force currently, what about the ones in school right now? Their tuition is still darn high for no good reason. When that liberal arts guy/gal finishes with 100k in tuition, how are they gonna pay it back? Do we go back and forgive that too 10 yrs down the road? Get my drift? People opposing it are saying please fix the problem, don’t bandage it. Also another problem is that inflation is too damn high right now, it’s a terrible time to pump more money into the system. Timing is also a big hurdle right now.

Back to the topic, yes it’s gonna be a major problem when a whole group of people go into default. Not to the scale of the housing issue by any stretch but still a big problem. We need to fix education problems to fix this problem. For as long as I have been alive I have heard that teachers are broke and their pay is not enough, anyone argue with that? Then if their pay is not increasing with times, why is tuition up so big? Are schools pocketing all this money? Wonder how many education institutions got ppp? Please fix the problem at its core! [/quote]

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