Trump froze student debt payments two and a half years ago, so the inflationary effect of the added demand is already baked in. Cancelling $10K and restarting payments on the remainder would be disinflationary.
RNC needs to get the word out about this. Most people have no idea that the cancellation would be taxpayer funded. There is no disincentive for schools to charge crazy tuition. Republicans must explain the details!
10,000 forgiveness is barely anything to those who have more than 50k which is probably more than half of the population. how does that mean ppl wont take responsibility if they still gotta pay the rest . 🤡
Intresting how you never hear inflation will “skyrocket” when we’re giving corporate handouts to airlines or the oil & gas industry.
It’s only a problem when it benefits everyday people.
https://tiktok.com/t/ZTRfksoa4/
The students signed their loan applications stating that THEY would repay their loans.
I never signed their loan applications.
I never agreed to co-sign for their loans.
#studentloans
POLL: 59% Americans are concerned that canceling student loan debt will make inflation worse.