The U.S. Department of Education has announced the Office of Federal Student Aid (FSA) will resume collections of federal student loans that are in default on May 5.
The U.S. Department of Education has announced the Office of Federal Student Aid (FSA) will resume collections of federal student loans that are in default on May 5.
I don’t understand your statement, the student debt is already there held by the government and theoretically they plan their future revenue for the budget with payments from student loan borrowers included. So forgiving student loan debt would just be a decrease in revenue while they continue to have the same amount of debt.
I don’t believe that you fail to understand how incurring more national debt being called unacceptable from the clowncult that has exploded our debt to THIRTY-SEVEN TRILLION dollars of giveaways in actual capital to the ultrawealthy ownership/rentier class is utter two-faced poor character trash. If you can’t recognize this, you’re simply a useful idiot carrying water for the rentier/ownership class in their warfare to keep the masses subservient. You suck. Do better.
But it’s not adding new debt, the federal government already holds that debt. I’m not clear if you understand that.