re: 40,000 people will have their student loans erased.

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40,000 people will have their student loans erased

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Debts aren't erased. They are always paid.

Either by the debtor or the creditor. What people don't realize is that the Fed took over student loan business and is the creditor. Where does the Fed get its money? You guessed it.

We the taxpayers will be paying off the worthless degrees of our neighbors