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re: Student Loan Forgiveness vs PPP Loan Forgiveness

Posted on 8/26/22 at 9:04 am to
Posted by LaTexSaint
Member since Jul 2013
1023 posts
Posted on 8/26/22 at 9:04 am to
quote:

The lockdowns were forced upon the business owners... The students asked for the loans.. They should call the PPP loans what they really are... Stimulus checks.


The same group also voted against Stimulus checks for the public and when it passed they wanted to give the bare minimum during the shutdown.
Posted by moneyg
Member since Jun 2006
56721 posts
Posted on 8/26/22 at 10:45 am to
quote:

LaTexSaint


You simply are ignorant.

PPP, ultimately, was a payout to WORKERS. The companies were simply the mechanism to do it.

PPP should have never been needed because there should not have been a shutdown.

But, PPP was a short term issue for a very specific once in a century problem (worldwide pandemic).

Student loan forgiveness is nothing like it. And, your suggestion that is shows your ignorance. Your unwillingness to acknowledge your mistake also reflects poorly on you.

Intellectually, you are in over your head on this board.
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