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Don't they normally have to pay back student loans anyway???
SatanBurger · 36-40, F
@HootyTheNightOwl
Setting aside the wisdom of this as a policy, it’s particularly ill-timed, given the precarious state of the economy. Put simply, this plan amounts to an anti-stimulus, taking money that would be helping stimulate the economy out of circulation.
It’s crazy that this policy even made it out of a meeting. Fears of a recession are growing. The Federal Reserve warns we’ll likely see higher inflation because of Trump’s trade wars. And the price of eggs is still too high. Now the government wants to withhold money from people who are struggling to stay afloat.
Put yourself in the shoes of a typical small-business owner, already stretched thin by the looming price increases and potential inflation due to the tariffs. They may soon have to decide whether to raise prices and potentially lose customers or look for ways to cut costs, perhaps by letting go of staff. Now their customers with student loans will be even more hard-pressed
https://www.msnbc.com/msnbc/rcna202805
It’s crazy that this policy even made it out of a meeting. Fears of a recession are growing. The Federal Reserve warns we’ll likely see higher inflation because of Trump’s trade wars. And the price of eggs is still too high. Now the government wants to withhold money from people who are struggling to stay afloat.
Put yourself in the shoes of a typical small-business owner, already stretched thin by the looming price increases and potential inflation due to the tariffs. They may soon have to decide whether to raise prices and potentially lose customers or look for ways to cut costs, perhaps by letting go of staff. Now their customers with student loans will be even more hard-pressed
https://www.msnbc.com/msnbc/rcna202805



