Re:Supreme Court Rejects Student Loan Forgiveness Plan
by gruez on Friday June 30, 2023 @01:42PM
(#36539112)
>Nobody seemed to have an issue with giving loan forgiveness to businesses. Why do we allow businesses to socialize their losses and privatize their profits?
Which loan forgiveness program are you talking about? The PPP loans was explicitly designed from the outset to be forgiven, if they were used for payroll. In the end it was a roundabout way for the government to ensure people continued to get paid during lockdowns, not a way to "socialize their losses and privatize their profits".
Which loan forgiveness program are you talking about? The PPP loans was explicitly designed from the outset to be forgiven, if they were used for payroll. In the end it was a roundabout way for the government to ensure people continued to get paid during lockdowns, not a way to "socialize their losses and privatize their profits".