Short post here
One simple question:
Who holds the paper on student loans?
Is it the US Government?
Or is it private sector?
This matters to the discussion of debt relief
Because, if it’s the government holding the debt, then debt relief is absorbed by our taxes
If it’s private sector then either those private lenders get the haircut, or we the taxpayers make them whole (including their profit)
I have never seen anyone clarify this, so I’m asking