Birdwatch Note Rating
2024-04-09 11:03:01 UTC - NOT_HELPFUL
Rated by Participant: 257947FB93210F8E7F97252D71A4514F0543979D9CDA5A4AFAA21A63D6338722
Participant Details
Original Note:
Forgetting about whether this is even legal, debts are not "cancelled" but transferred to others. In this case, the "cancelling" of student debts simply means that the Federal government (the lender) will no longer receive expected payments, causing the fiscal deficit to rise. https://www.crfb.org/blogs/what-does-student-debt-cancellation-mean-federal-finances
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