For context, I’m really referring to central banks. What would the consequences be if the central banks just decided to forgive entities that issue student loans, like FAFSA? I’m asking on a global scale and an individual household scale.
Thank you!
In: 13
People would be PISSED. Best anyone should shoot for to make everyone happy would be to get rid of the existing interest rates of the existing loans and make new loans have the same interest rates as mortgages.
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