I resent the hell out of this. I had to pay 8% on the few loans I had. Guess I’m paying for this cancellation too.
And if the students “get out the vote” they could get more of their student debts canceled.
I thought paying someone to vote for your party was illegal? Silly me, seems the whole American political machine uses that method.
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Buying votes is a time-honored tradition… And this is a relatively low bribe – how much is $10K compared to the average student-loan balance these days?
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And just in time for the midterm elections…forget Covid lockdowns and the nuclear threat…vote for your favorite democrat😂
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Paid by… oh, that’s right. The whole system is bankrupt and those are just 0’s and 1’s floating in the ether. Won’t be long and that is going to catch up on them- especially when they can’t bail out the too big to fail banks. Coming to an ATM near you soon.
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“The cancellations have come through existing federal student loan forgiveness programs, which are limited to specific categories of borrowers, such as public-sector workers, people defrauded by for-profit colleges, and borrowers who have paid for at least 20 years.”
A lot of physicians are in this bind. Wonder why they didn’t fight back on jab? Maybe this is the reason. IDK.