How does forgiving student debt cost taxpayers money?
In: 9
One argument i haven’t really seen people make is that by forgiving the student debt, they are screwing the next guy.
That money was supposed to get paid back, to be loaned out again to the next student. That is part of why we did student loans and not just huge grants in the first place, so that the same money could be used over and over to send students to school without having to levy additional tax.
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