Birdwatch Archive

Birdwatch Note

2023-06-30 18:16:38 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

When originally implemented, PPP loans were designed to be forgiven if businesses continued to pay their workers. This was passed by Congress. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program On the other hand, student loans were not structured to be forgiven and their cancellation has not been approved by Congress. https://en.wikipedia.org/wiki/Student_loans_in_the_United_States

Written by CC8FD715E98F1B8007AA557CF3C7CE38620B945AB1645AB0E86FD6FE630C07BB
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• noteId - 1674844406011002891
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• noteAuthorParticipantId - CC8FD715E98F1B8007AA557CF3C7CE38620B945AB1645AB0E86FD6FE630C07BB Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• When originally implemented, PPP loans were designed to be forgiven if businesses continued to pay their workers. This was passed by Congress. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program On the other hand, student loans were not structured to be forgiven and their cancellation has not been approved by Congress. https://en.wikipedia.org/wiki/Student_loans_in_the_United_States