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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]Is there a 60 page thread on the $700b in PPP loans that were forgiven? Or are y’all just mad at poor and middle class folks?[/quote] The PPP was a very unique payment since the government prevented people from working. And, IT WAS PASSED BY CONGRESS. This move is a unilateral move by Biden, no debate in Congress because he knows damn well it wouldn't pass. It is neither popular nor a wise decision. [/quote] Agree. Governments basically shutting things down makes PPP and similar programs different conceptually. Businesses were forced into a situation by the choice of governments. Borrowers in the student loan program volunteered to take out their loans. That said, we don't judge the value of policies based on what some other policies are or may have been. We judge policies on their individual merits... period.[/quote] The government literally sets the prices for the large majority of college students. No one had take PPP loans either.[/quote]
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