Birdwatch Note Rating
2023-08-20 20:49:21 UTC - HELPFUL
Rated by Participant: 4D80EFA5EA553B4C24CD34D4E3162CB4B51C32F0991D40F32F87E525BB4F3BD0
Participant Details
Original Note:
There is no such thing as canceling student debt, the loans must still be paid off. The loans still have to be paid off and all proposals would simply transfer the debt to the taxpayers, the amount of which is approx. $1.7 Trillion (20 times the Dept. of Education's budget). https://thehill.com/opinion/education/3545917-canceling-student-debt-for-everyone-is-bad-policy-and-bad-economics/
All Note Details