Five to [email protected]English • 11 months agoDebt Activists Bought $10M Morehouse College Student Debt for $125,000 — and Canceled It Alltruthout.orgexternal-linkmessage-square4fedilinkarrow-up1112arrow-down14
arrow-up1108arrow-down1external-linkDebt Activists Bought $10M Morehouse College Student Debt for $125,000 — and Canceled It Alltruthout.orgFive to [email protected]English • 11 months agomessage-square4fedilink
minus-squareZeppolinkEnglish41•11 months agoPretty enlightening that when (US) liberals propose canceling $40 billion of student debt, of course the people who hold it are up in arms - but they’d sell it to someone else for 1.25% of that. So $40 billion of debt is really 500 million.
minus-square@[email protected]linkfedilink10•11 months agoKind of wild, right? We have people who could pay that and literally wouldn’t even notice the money gone.
Pretty enlightening that when (US) liberals propose canceling $40 billion of student debt, of course the people who hold it are up in arms - but they’d sell it to someone else for 1.25% of that. So $40 billion of debt is really 500 million.
Kind of wild, right? We have people who could pay that and literally wouldn’t even notice the money gone.