this territory is moderated
I'm sure any forgiveness program will also intentionally target some kind of minority populations, for PR reasons.
This will be at best a mixed blessing, though. In all likelihood, debt forgiveness will be considered taxable income, so the forgiven populations will owe taxes on their forgiven debt.
reply
reply
I don't think Biden knows that he did a student loan forgiveness.
Ultimately, no one. Of course, colleges exist in a financial bubble.
reply
Why stop at student loans? Just forgive every debt there is.
reply
They print it anyway, right?
reply
Exactly. One big fucking giant scam.
reply
These are high propaganda and I believe only done due to political reasons, else governments don't give a fuck to people — minority or majority.
reply
Where are the equal rights?
reply
Biden didnt even make it happen. He promised so much, but delivered nothing. Not that I should be surprised. Because of this though, he got his voters. Should be kicked out of office next term for not even keeping his word. Not that I believe forgiving loans is good, that would just inflate the economy even more.
reply
What I read: Two “almost identical schoolmates” but one black, the other one white, ask the same bank for the same loan, the black student gets it with a higher interest rate than the white student.
If so, then… wow!
reply
They probably had different credit scores and income to debt ratio. Lenders can’t ask about race because of redlining laws
reply
Here they are targeting farmers. They are going through different voting blocks and handing out fiat!
Stack Sats and stay humble, but whatever you do... STACK SATA!
reply
That's true of basically all loans in the U.S. Cars, mortgages, etc.
reply
I think the current forgiveness recipients have incomes greater than $200k
I will find the source
reply
Would like to see this source. I'm guessing this is not true for the minority borrowers, but I could be wrong. But how could they justify if people are armed with that information.
Please share if you find it.
reply
reply
Is this the right link? I don't see those data in this article
reply
Affirmative action then loan forgiveness
What’s next reparations?
This is theft and extortion
reply