So, it looks to me as if you thought the interest on loan debt goes to private companies, which isn't right.
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Replying to @Noahpinion
Fair enough, that was poorly written. Trying to cram into 280. -Interest is a huge burden. Forgiving it is less expensive than forgiving the entire loan and would help many many people -I find charging interest on these loans incredibly objectionable given the predatory -
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Replying to @doubtthat11 @Noahpinion
- Private industry built off this system.
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Replying to @doubtthat11
I'm fine with forgiving interest but it has nothing to do with third-party payment processors. That interest goes to the government.
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Replying to @Noahpinion
Sure, there are two separate points that I conflated in my tweet. -Interest forgiveness as opposed to complete forgiveness given the incredible cost of total forgiveness. -System has generated an immense amount of predatory behavior.
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Replying to @doubtthat11
I'm fine with cracking down on predatory behavior but it in no way is responsible for the student loan crisis, thus is a red herring in the discussion of loan forgiveness. Now, we are done.
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Replying to @Noahpinion
Ok, man. I never said it was responsible for the crisis. I said it was the most objectionable part.
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Replying to @Noahpinion
Yes, definitely the guy asking "what predatory behavior" in a discussion about student loans who holds the high ground.
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Replying to @doubtthat11 @Noahpinion
Seemed to be unnecessarily hostile on Noah’s part but from my vantage point as a person with $100,000 in grad school debt, this is the appeal of the public service loan forgiveness program
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Loan forgiveness is good, as I've consistently said.
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