Estimate on Student Loan Forgiveness

[Toehammer]

1.6 trillion in student loans, why not?

1.2 trillion car loan debt, why not?

16 trillion in mortgage debt, why not?

printing press goes whirrrrrrrrr

The government is solely responsible for the student loan crisis and now have the cure! Same with economic shutdown, gov't causes the problem has the appeasing handout... reminds me of a movie villain https://www.youtube.com/watch?v=mEqDSC7DJJA Would pay good money to see Biden/Harris/Pelosi in black tuxedos say "the antidote for the poison you just drank, hahahaha".

People who bank on loan forgiveness are societal leeches. Good citizens pay them back https://www.youtube.com/watch?v=62i2feu9fxk best takedown of a candidate I have ever seen. Previous posts are also correct, the majority of loans are held by high earners, doctors, lawyers, etc, just wealth transfer up. Also, sending the message that loans can be forgiven is like signaling to a kid it is ok to shit his pants instead of toilet training. Terrible message to society.

Neither political party in Washington cares anymore about debt... they both run it up with no regard for the future. Right spends too much on military, left spends too much on everything else. 600 bucks for ~150 million Americans = 90 billion, but they wanted 2.3 trillion plus!!! They could have just spent 2.3 trillion and given 15k to every adult for the laughs.

You can't make this shit up... it is so crazy. Not enough Friedmans, too many Krugmans.

If government had kept its incompetent hands out of the college loan game, college would be half or one-third of the current price, and administrative glut wouldn't exist... probably a lot less humanities/social science majors too, really better for society in every way imaginable.