One of the big messages from people big angry about President Joe Biden’s student debt relief plan is that it’s just wrong to borrow money and not pay it back, even if you were 17 when the decision was made to borrow the money and it cannot be discharged through bankruptcy like most other debts and the interest means your debt is growing despite your monthly payments. Gosh, lucky for those people there are no other recent cases of government loans being forgiven!
Oh. Wait. Hang on. What’s that you’re saying about the Paycheck Protection Program (PPP) forgiving 10.2 million loans, with an average amount of $72,500 forgiven? (Disclosure: Kos Media received a Paycheck Protection Program loan.) Huh. Well, I’m sure none of the people angry about student loan forgiveness benefited from that program.
Uh … whoops.
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That’s more than $16 million to congressional Republicans alone. Right-wing media organizations also took a lot of money:
And that’s not even getting into the random well-to-do Republicans venting about student loan forgiveness at the country club after their businesses got PPP money forgiven.
It’s not just PPP, either. Under certain other circumstances, Republicans are happy to embrace people who get out of debts:
Then there’s the crowd that’s yelling about how unfair it is for some people to benefit while others don’t, be they people who already paid off their student loans or people who never had any to begin with. About that:
Tens of millions of people’s lives are changing for the better, and all some people can think to do is be mad about it. That says a lot … about the angry people and the political ideology encouraging their rage.
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Editor’s Note: This story previously misstated data from the Paycheck Protection Program and has been corrected.