Birdwatch Note Rating
2024-04-09 04:42:41 UTC - NOT_HELPFUL
Rated by Participant: 5956E4B284D295B9E91FBC97DDAC0C3D0C89D45B17DBDB311F30B49AD38A3619
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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