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by bushbaba 1477 days ago
If loan forgiveness becomes a common trend it will be used as justification to raise taxes. Personally, as a tax-payer. The money I provide is not well spent and there's plenty of bloat. I'd prefer to not pay more in taxes and for the government to cost optimize its budget.
2 comments

Yeah, imagine that, if only this became like an annual thing where taxes pay for universities, US could remove the middle man of the loan companies and join many other countries with a reasonable cost higher education!
Not all loans can be forgiven like federal student loans. So I don't understand how this would become "a common trend"?

How much would your individual taxes increase if student loans are forgiven?