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AmidFuror
cloggedshowerthoughts
No one is suggesting the colleges lose the money. They already got it. So what does their gouging have to do with it? Even if they had to pay off the loans, it would hurt them. Maybe they deserve to be hurt, but giving back money you thought was yours still hurts anyway.
What a bunch of bizarre responses.
The money came from banks and went to the colleges via the students. If you take the money from the colleges, they will be “hurt.” They will lose something they had before. If you take it from the banks, the same. If you pay it from government coffers, then the government has less to spend elsewhere. If you raise taxes, then the money is reaped from whomever has their taxes raised. If you print the money, then everyone pays a little through inflation.
Someone gets hurt. I already said the hurt could be distributed. It could also be levied on people with vast resources who would notice it the least.
Can you summarize the podcasts and writings that suggest no one loses money when a loan is forgiven?
Separately, why is a clear statement of fact controversial? You don’t have to believe that loan forgiveness hurts no one to think it’s a good policy to put in place. So why the weird reaction?
Ah, yes. Jewish kids are well known for taking candy from Santa. It’s an annual Hanukah tradition.
If only there were people who study ancient ecosystems based on evidence that has been left behind. We could read what they have to say and potentially learn something. They would probably debate amongst themselves, try to come up with models that best explain the available evidence, and adjust to new evidence as it is obtained.