DennyT wrote:
That’s not what I ask . If a student borrowed 20k and has already paid back 30 and still owes 15 because of the loan structure how can that be costing the government anything. ?
As I said, it's because the debt stays on the government's books.
Kraken wrote:
And for good reason.
If this represents your photoshop skills, you should go back to participating in tiddlywinks competition.
DennyT wrote:
I tried to find out but couldn’t .
Given How Rix explained it, is the cost to tax payers in reality lost income over future years.?
Maybe it can be written off as a bad loan.
Too bad it's not that simple.
There is no such thing as “forgiveness,” and student loan debt does not go away—it remains on the federal government’s books. Cancelation alone is estimated to cost at least $400 billion dollars. The Biden administration simply moved the loan debt, agreed to by millions of student loan borrowers, onto the backs of American taxpayers. Biden’s student loan bailout will cost every taxpayer, even those who never went to college, at least $2,500.
National Park wrote:
The sky is falling, the sky is falling. Wait, the sky is still there! If it weren't for relatively meaningless culture wars you got nothing.
It may be meaningless to you; most things seem to challenge your comprehension. Evidently you don't have daughters or granddaughters competing against boys/men.
RixPix wrote:
So you know...
What does this have to do with men competing in women's sports??
Racmanaz wrote:
So why is it that you far lefty cultus always make it about Trump when it’s not about him?
Any mention of Biden triggers an automatic TDS outburst you know!! These bidophile cult members can't help themselves.
Longshadow wrote:
THAT's gonna be a problem!
A BIG problem!
Absolutely!!! It will be virtually impossible to verify anything coming out of the mouths of an AI rendition.