• solrize@lemmy.world
    link
    fedilink
    arrow-up
    35
    ·
    3 months ago

    Can they call it a bailout instead of debt relief? That would make it more popular with Congress.

    • Zachariah@lemmy.world
      link
      fedilink
      arrow-up
      23
      ·
      3 months ago

      Why don’t all those with student debt just form a corporation together? Then they’d be too big to fail and require a bailout.

      • AuroraZzz@lemmy.world
        link
        fedilink
        arrow-up
        6
        ·
        3 months ago

        Can’t you buy medical debt for a fraction of what is owed from collections agencies? Can a bunch of people do the same thing with student loan debt?

        • subignition@fedia.io
          link
          fedilink
          arrow-up
          8
          ·
          3 months ago

          Yes, and John Oliver once did a segment on Last Week Tonight where they bought and canceled some debts to prove it.

          Too bad the Venn diagram of the ultra-wealthy and people who would actually do that is more or less two distinct circles.

    • SeaJ@lemm.ee
      link
      fedilink
      arrow-up
      1
      ·
      3 months ago

      They will need to say it is an entrepreneurial bailout to make it seem business related.