Birdwatch Note Rating
2024-04-08 19:09:27 UTC - HELPFUL
Rated by Participant: F2A84C2CC02EE80D300F4A85ED185BF6C8B32507203584A952947226EDC61BBA
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
All Note Details