Birdwatch Note Rating
2024-04-09 00:51:04 UTC - NOT_HELPFUL
Rated by Participant: D1D5E41530E4769BE0C161D3EB975667DF44D9B2B125433A99B5F59CA7A84150
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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