Ever notice how forgiving loans is suddenly a big problem when students get much-needed relief, but nobody blinks an eye when billionaires get their PPP loans forgiven? Or when corporations are handed billions in subsidies?
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Isn't it that the only loan forgiveness people receive is for the interest? That the principal loan amount has been paid and the relief is to remove the burden of high interest so young peeps can get on with earning, buying and mortgaging?
If true, it seems an important oversight the media make?
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https://www.nbcnews.com/business/business-news/here-are-some-billionaires-who-got-ppp-loans-while-small-n1233041
If true, it seems an important oversight the media make?