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this post was submitted on 17 Jun 2023
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If you want to be angry, then be angry at the PPP loans that were just forgiven. They sum to a much higher amount than and student loan forgiveness plan.
I hear this a lot but I think this is a bad faith argument.
People took out student loans with the knowledge that they'd have to pay them back.
Businesses took out PPP loans with the knowledge that they'd be forgiven if certain conditions were met.
I do think people should be angry that PPP loans were issued and forgiven under conditions that practically begged for fraud. The complete lack of accountability and oversight of so much money is mind boggling and infuriating.