The U.S. Department of Education has announced the Office of Federal Student Aid (FSA) will resume collections of federal student loans that are in default on May 5.
The US is THIRTY-SEVEN TRILLION DOLLARS in debt. We would have to pay off that money first before we ever get to any new debt incurred from the forgiveness of student loans.
These people are neither honest nor credible. This is class warfare on behalf of the oligarchy to keep the lower classes subjected deep in servitude.
I don’t understand your statement, the student debt is already there held by the government and theoretically they plan their future revenue for the budget with payments from student loan borrowers included. So forgiving student loan debt would just be a decrease in revenue while they continue to have the same amount of debt.
I don’t believe that you fail to understand how incurring more national debt being called unacceptable from the clowncult that has exploded our debt to THIRTY-SEVEN TRILLION dollars of giveaways in actual capital to the ultrawealthy ownership/rentier class is utter two-faced poor character trash. If you can’t recognize this, you’re simply a useful idiot carrying water for the rentier/ownership class in their warfare to keep the masses subservient. You suck. Do better.
But it’s not adding new debt, the federal government already holds that debt. I’m not clear if you understand that.
we can do that by reducing the defense budget, oh wait they dont want to and overbloated police union funding.
