I'm stating that in comparison with giving all these rich assholes million in PPP money (and others) I am ok with forgiving student loan debt.
The other discussion of how to STOP incurring more debt is worth having

perhaps you've missed entirely what's going on in american politics, but we have 2 parties. the democrats and republicans. the republicans are supporters of the PPP loan forgiveness programs and against student loan debt forgiveness, the democrats are the opposite (although im sure many pelosi types also took out PPP loans and didnt repay).

Which is exactly why it's inflationary. These people owe money to the government. We're freeing that cash up to be spent. More money chasing the same number of goods = higher prices. More spending is not always good, or we'd run infinite deficits infinitely.

Yes because the student loan was taken out of your own choice. The PPP was because of the government forcing you to shut down your business because of a flu, 🤡

Oh yeah, the catholic church was forced to take $3.5 billion in PPP? Tom Brady was forced to take $1M? Kanye West, and countless other celebrities were FORCED to take millions upon millions huh? Guess how many of them paid it back?

All paid for by guess who? Oh thats right, tax payers.

This post was edited by Sixers on Aug 30 2022 03:34pm

No what never mind have a good argument.

This post was edited by YeeHaw on Aug 30 2022 07:35pm

If stormfront d2jsp hates it, its prolly a good thing.

although i'm not particularly fond of either, and advocated against taking PPP loans. you are being rather misleading here.
there are 2 fundamental differences between these loan forgiveness programs.

1. https://www.mhmcpa.com/insights/article/house-overwhelmingly-passes-bipartisan-measure-to-ease-ppp-loan-forgiveness-requirements

the PPA went through the house, (which was Democrat majority btw) and up to the senate. then ultimately signed into law by President Trump. that's how this nation constitutionally changes law.

for student loan forgiveness, Biden enacted executive order.
this is not how it works, but no one will be able to sue the white house because of lack of standing.

2. when PPP was signed into law. businesses were forcibly shut down by the government. PPP loans actually did save a lot of small businesses.
i don't like how it was written, but Democrats owned the house... they ultimately were writing it. when they had spare time from trying to find things to impeach Trump with.

student loan forgiveness however... is just a mid-term hand-out. things are rough right now, but not just for people with student debt.

all that being said, i'd rather see the money spent this way than sending it to Ukraine.

Don’t affect me much I’m the only bread winner with 3 dependents. In the end the government will ALWAYS pay me not the other way around.

Eh, no use fighting it. Won't change their situation much.

The people who took the state/community college route with the the major more demanded in society will continue to prop this country up, and those who took in those $200k+ loans with near useless degrees will still be struggling from their own bad decisions.
Let them have their 10k, its pennies to anyone decent with their money.