Loan forgiveness??? What like PPP Loan forgiveness?

[underpants]

Fox News already has their top 3 stories about Student Loan Forgiveness.


More than 11.8 million Paycheck Protection Program (PPP) loans were issued as of June 30, 2021, with 708 borrowers receiving the maximum loan amount of $10 million.

Of the total number of loans, 4.1 million have been forgiven. The average dollar amount forgiven was $95,700. Of the borrowers receiving the maximum amount, 323 loans have been partially or fully forgiven.

https://www.pandemicoversight.gov/data-interactive-tools/data-stories/how-many-paycheck-protection-program-loans-have-been-forgiven

[kentuck]

1. It's Biblical...

Like the Jubilee.

[FoxNewsSucks]

2. Those assholes started the day

with endless chyrons touting "Bidens Handout"

The problem with the PPP wasn't the forgiveness aspect. As intended, a business that used the money mainly for payroll and rent while shut down would get the loan forgiven. The spending requirements should have been enforced. After prosecuting that guy who bought the Italian exotic car, seems like they ended up forgiving loans without verifying that the money went to payroll and rent.