Birdwatch Note Rating
2024-04-08 23:56:48 UTC - NOT_HELPFUL
Rated by Participant: CDA28A1582500CC232315541E8D039F6647ECF2BD1417C53F7211450320CC081
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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