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I know Tim Pool isn't liked much here, but he made an interesting and valid point on student loan debt forgiveness that never even crossed my mind.
posted ago by RevenTexX ago by RevenTexX +51 / -1

Was just watching his latest pod.

Student loan debt is obviously already bad because now everybody has to pay for someone's choices.

But Tim Pool made the point that these leftists claim they don't like the establishments & the rich companies and student loan debt forgiveness would literally be putting millions of dollars into rich peoples hands.

Once again, leftists are just stupid and don't know what they're fighting for.

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– sordfysh 2 points ago +2 / -0

Graduate student loan rates from private institutions are around 12℅ annually.

Banks are legally not allowed to lower your rate based on your statistical likelihood of paying it off in a reasonable time.

The system is a racket. It preys on people who feel like they need this education, and then it puts the chains on them.

The Bible says that charging your neighbor usury is a sin. Student loans are usury at these rates.

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