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re: Student Loan Forgiveness vs PPP Loan Forgiveness
Posted on 8/26/22 at 9:07 am to LaTexSaint
Posted on 8/26/22 at 9:07 am to LaTexSaint
People who took out student loans signed the loan documents and agreed to pay it back
Business who took out PPP loans applied knowing the loans would be forgiven if they met certain requirements.
There is a big difference there.
Instead of forgiving student loans, they should have made them better interest free for those who have been responsible and made their payments on time.
They should also fix the the problem with the cost of going to college. Not just the cost of the degree but the cost of books and supplies. A professor shouldn’t be able to require the his class spend hundreds of dollars on a book he wrote, and then never once open that book, bookstores shouldn’t be able to charge insane amounts for a pack of pencils.
Business who took out PPP loans applied knowing the loans would be forgiven if they met certain requirements.
There is a big difference there.
Instead of forgiving student loans, they should have made them better interest free for those who have been responsible and made their payments on time.
They should also fix the the problem with the cost of going to college. Not just the cost of the degree but the cost of books and supplies. A professor shouldn’t be able to require the his class spend hundreds of dollars on a book he wrote, and then never once open that book, bookstores shouldn’t be able to charge insane amounts for a pack of pencils.
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