Birdwatch Note Rating
2023-07-01 13:45:08 UTC - HELPFUL
Rated by Participant: EB6086B087F50D12C1D1B65A320328016EE0E37DB5CD8583E7DD7F2CA94CC911
Participant Details
Original Note:
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
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