Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
Using similar logic we should be able to use for that. It’s a load of bullshit. The government is constantly giving money directly to rich people, but God forbid we do the same thing for regular people.
The difference is that the PPP loans were designed to be partially or fully forgiven. They were given out to stop businesses from going under thanks to COVID lockdowns/border closures/etc. They were never meant to be paid back. They should never have used the term “loan” for them, as clearly doing so made a lot of people think that they were in any way equivalent to a student loan.
i should sue for all the ppp loans that were forgiven. how unfair is that. rich people got loans forgiven yet you or i cannot.
Most PPP loans didn’t even save any jobs
Went directly into the business owners pocket to buy swimming pools, boats & exotic cars.
I think the main issue is that the people who are sueing student loans, can afford to.
Using similar logic we should be able to use for that. It’s a load of bullshit. The government is constantly giving money directly to rich people, but God forbid we do the same thing for regular people.
The difference is that the PPP loans were designed to be partially or fully forgiven. They were given out to stop businesses from going under thanks to COVID lockdowns/border closures/etc. They were never meant to be paid back. They should never have used the term “loan” for them, as clearly doing so made a lot of people think that they were in any way equivalent to a student loan.