Birdwatch Note Rating
2023-08-20 16:03:24 UTC - HELPFUL
Rated by Participant: ACED1A29D99E27CFE5B8A9C9E1461A0186F51E3F2D75FD63ADCC5B79D8435B17
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