DukeSilver@lemmy.worldtopolitics @lemmy.world•Biden proposes new student-loan measures after court defeat
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1 year agoVery low interest rates, yet nobody can pay them off.
Very low interest rates, yet nobody can pay them off.
Cut off the interest and have borrowers pay back the initial loan.
Predatory lenders get shafted for being pieces of shit. Students get a huge break. The rest of the country doesn’t feel taken advantage of.
But that’ll never happen because profits > people.
That’s not the only reason to oppose this.
All Bidens solution does is take money from the tax payers to pay off the predatory lenders.
That is why I hold bitcoin