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PurpleAmerica's avatar

"It's only $10,000."-- Idiot on this board.

It's potential $10k per borrower. That means the overall cost is $230 BILLION. That's for every taxpayer to pay, to cover the roughly 12% of people who chose to go to college that still have outstanding loans. It also ends up raising tuition rates because the prospect of a future loan forgiveness is more likely, especially since MORE kids will then take out loans they can't pay for a higher tuition, and at current, much higher interest rates.

When Republicans look at progressives and say "Please keep spouting ridiculous s**t that helps re-elect us," this is the kind of stuff they are talking about.

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Liberal Cynic's avatar

Aren't you the guy I've been discussing Apple Valley with upthread and the guy that said this won't matter in the MN 2nd District race come November?

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