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Dangic23
Economics Explained
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Comments by "Dangic23" (@Dangic23) on "The Student Debt Crisis: Explained" video.
Yes...it's completely possible. The Fed Bank just gave twice that amount to Wall St. Out of thin air.
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Pretty much the entire developed world laughs at the USA.
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@TKUA11 The people are the economy. We are a consumerism economy......most people don't have savings. Giving people a fresh start does more for the economy than enriching CEOs. Of course I'm not saying a 100% blanket student loan forgiveness . But it definitely has to change, and the out of control education prices have to also be looked at.
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@TKUA11 Student loans are a cash cow for the Treasury. And yes....I agree....student loans should not exist. Maybe just for Doctorate ....but these folks already have careers. Should return to how it was.....work/study and a part time job was enough to pay your way through University.
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@TKUA11 The pandemic money is not a loan. It is different from TARP in 2008-2009.
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$3T was the price tag. In the US it's always ok to bailout corporations. Questions are never asked. When the help is for the people....Congress goes on vacation.
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