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[-] atomicbocks@sh.itjust.works 22 points 1 day ago

He also tried to restructure existing loan forgiveness programs, like the public service loan forgiveness program that I am in, to make them have shorter terms. This also lost in court eventually. My loans are still in forbearance due that that litigation, but only for a few more weeks.

I still don’t understand why the paycheck loans could be forgiven but not student loans.

[-] anton 1 points 14 hours ago* (last edited 14 hours ago)

I still don’t understand why the paycheck loans could be forgiven but not student loans

Let me try to steel man it:
You can reposes physical assets, but not the knowledge that it supposedly worth tens of thousands.
If I was possible everyone would default the day after they leave collage.

The first one is stupid because you can't reposes an eaten meal and burned petrol.
On the second isn't realistic either, because not every American defaults after a medical emergency either, because they want to be credit worthy later on.

this post was submitted on 15 Aug 2026
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