Cancelling the college loan debt would put money *into* the economy.
Sandy Fisher

Dec 19, 2021 · 5:47 AM UTC

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Replying to @marwilliamson
using the term 'cancelling student loan debt' is at best disingenuous and at worst dishonest. a more honest and accurate term is 'shifting student loan debt' as the debt responsibility will be shifted to taxpayers who never read and agreed to the terms of the loans. be honest.
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Replying to @marwilliamson
the median income of households with student loans is $76,400. among those making payment on their loans the median income is $86,500. the beneficiaries of student loan forgiveness would be higher income, better educated. you expect taxpayers to pick up their tab? no thanks.
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Replying to @marwilliamson
Please run again!
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Replying to @marwilliamson
We know this - and Congress knows this - because that's what canceling about $600 Billion (with a B) PPP loans was designed to do. The concern was not "if" those loans should be forgiven but "how easy" can we make the forgiveness process. bizjournals.com/pittsburgh/n…
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That is why we are protesting on January 18th at the Department of Education in Washington DC! Come join the Debt Collective and others.
Replying to @marwilliamson
But they're gonna keep giving the ultra rich more and more and more and more tax cuts instead 🙃
Replying to @marwilliamson
Bullshit, obviously. How about we also forgive mortgages?? Just imagine how much money that would put into the economy!!!
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GIF
Replying to @marwilliamson
Marianne Williamson was the Mike Gravel of the 2020 election. People laughed at her, but will look back and realize, "damn, she wasn't kidding, she was 100% right".
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Replying to @marwilliamson
Folks need to know, unpaid student loan debt, is taken OUT of your monthly Social Security payments.
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Replying to @marwilliamson
Exactly and starting payments again will take money out of the economy.
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