BIDEN FORGIVES AN ADDITION 9 BILLION FOR STUDENT LOANS

04 Oct 2023 13:36 - 04 Oct 2023 13:37 #1 by ramage
Not knowing any students that have loans, I am unfamiliar as to the mechanism of borrowing. It seems that the student got a loan (from the government or from a third party backstopped by the government) paid the money to the institute of higher education. They incurred debt. Biden has forgiven them that debt. Who pays the lender back? Yes, I know that the taxpayers pay but what is mechanism? Is it dollar for dollar? Does the college bear any risk?

Please Log in or Create an account to join the conversation.

04 Oct 2023 16:42 - 04 Oct 2023 16:44 #2 by Rick
How is it that one man can make that kind of decision on his own? Isn’t that what only a king or dictator could do?

How is using taxpayer money to buy desperately needed votes not a form of election interference?

It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies and nosers−out of unorthodoxy

George Orwell

Please Log in or Create an account to join the conversation.

Time to create page: 0.133 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+