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boudinMan · 61-69, M
libbies believe stuff is actually free and doesn't impact others... it's like magic.
easterniowegin · 51-55, M
@boudinMan right. This will impact more than just tuition costs. It will increase overall inflation even more.
irishmolly72 · 56-60, F
@easterniowegin It will if it's monetized. If taxes are raised to pay for government spending it will crowd out private sector spending and kill good jobs.
easterniowegin · 51-55, M
@irishmolly72 even if the balances just disappear...they end up giving each idiot borrower hundreds of dollars in "free money" each month, for the next 20+ years.
They may or may not use that money wisely, i mean they just made a poor choice with school, i don't have confidence they will use the windfall smartly. Lol
But it is immediately converted into spendable cash.
They may or may not use that money wisely, i mean they just made a poor choice with school, i don't have confidence they will use the windfall smartly. Lol
But it is immediately converted into spendable cash.