More pain than the 2008 housing crisis? When WE bailed you guys out .
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That's funny cuz Harvard Business (not exactly a liberal group) said it would be a massive boon to the economy. Sure Wall St would lose money short term, but they'd make more money long term.
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Yah, and volatile "markets" aside, the students and former students would put that 1.6 trillion back into the economy.
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But to whom?
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Yeah, heaven forbid we reel in their loosy goosy manipulation of the markets.
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Pain to whom?
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The Wealthy recently gave themselves a TaxCut for 1 1/2 Trillion Dollars and that was “no problem” from the Middle Class who never really saw a trickle down, but investing in our kids education and future of the Country by paying off Loan Debt through Wall St and that’s terrible.
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Poor rich people
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Honestly appalling our government allows the kind of feeding frenzy these student loans induce; Not only is it ridiculous and unsustainable, it is immoral and unnecessary. How did our Congress allow compounded interest on top of it in the first place .
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