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this post was submitted on 30 Jun 2023
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I was under the impression the student loan companies did not care. They were getting paid regardless.
Maybe that is correct. I'm not sure who was giving the money back.
The government was going to pay off the loans. This is why MOHELA publicly said it was all the same to them. Internally they projected increase revenue from forgiveness.
https://truthout.org/articles/report-central-legal-case-against-student-debt-relief-is-fundamentally-false/