Started By
Message

re: Blue Collar Joe cancels 6.1b student loans for Art Majors..

Posted on 5/1/24 at 1:12 pm to
Posted by BearCrocs
Member since Aug 2013
6512 posts
Posted on 5/1/24 at 1:12 pm to
Has anyone figured out how this actually works?

Is that 6.1B recouped in the form of tax revenue?

I genuinely want to know
Posted by Oabafu
Wisconsin
Member since Jan 2022
738 posts
Posted on 5/1/24 at 1:26 pm to
quote:

Has anyone figured out how this actually works? Is that 6.1B recouped in the form of tax revenue?


From who? The morons who 'have a degree' ( ) but can't maintain the 'lifestyle' they think they deserve by slinging burgers, tacos, and bagging groceries?

Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
25223 posts
Posted on 5/1/24 at 3:34 pm to
quote:

Has anyone figured out how this actually works?

Is that 6.1B recouped in the form of tax revenue?

I genuinely want to know

That money has to come from somewhere at the federal level. And considering the federal level spends more money than it collects, the answer is painful but obvious.

That money gets added to our national deficit. Whatever explanation and nomenclature they deploy is trivial.

first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram