The Soapbox

Hoodafan

Joined: 09/29/2013 Posts: 60530
Likes: 56984


It was the basic intent of the program. You keep your folks, here's the


money to pay for them since we're shutting you down, and if you do, we'll forgive the loan.

Sure, there was plenty of room for fraud and abuse, so I wasn't a big fan. I think even the staunchest proponents didn't try to deny that. But that common sense was quickly dismissed due to a need to get the money out there, in large amounts, and very quickly in order for it to be effective.

(In response to this post by Molina)

Posted: 08/24/2022 at 4:31PM



+0

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Current Thread:
 
  
It sounds like student loan reform to me. ** -- hooshouse 08/24/2022 3:01PM
  Most dumbassed idea i ve ever heard Iveare -- Mr Wahoo 08/24/2022 10:19PM
  They’ll send me a refund, right? And my hs friend -- HoosWillWin 08/24/2022 7:49PM
  Loan forgiveness for me but not for thee(link) -- hooshouse 08/24/2022 3:45PM
  Consensus in both companies. Not my decision. -- HoodatB 08/25/2022 11:25AM
  Fair enough. ** -- HoosWillWin 08/25/2022 11:48AM
  @hoolstoptheheels covered this -- Stimp 08/24/2022 7:31PM
  That’s a very rare case. Every business owner -- HoosWillWin 08/24/2022 7:51PM
  Our accountants brought up the possibility of applying. -- hoolstoptheheels 08/24/2022 9:39PM
  Ehh ** -- 111Balz 08/24/2022 6:41PM
  I’ve always thought he was alright -- wahoo138 08/24/2022 6:30PM
  Noooooooooooooo ** -- hooshouse 08/24/2022 4:08PM
  Bankruptcy is part of his business model. ** -- Blah 08/24/2022 4:53PM
  LOL. ** -- Hokieesith 08/24/2022 4:07PM

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