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I didn't do shit, man.
Sure, maybe. How does paying off $1.6T in student loans, a hand out to the highest earners of our generation, fix the 'predatory lending'? It doesn't. It encourages it. It tells banks "keep doing your sketchy shit, if it gets too much for the country, the government will just pay it all back to you!'
People like me? Once again - tell me how giving $1.6T to the most educated, highest earning highest educated portion of our generation is going to fix predatory school loans. If you don't even attempt to answer that in your next comment, I don't care to respond. All you're trying to do is trash me, when I agree with you - predatory school loans are an issue. Instead of trying to fix the issue, you want a handout to help yourself, and let the next generation of students get dicked. That's not a solution, that's kicking the can down the road.
Although I'm iffy on the FR in general, it is part of the government. I'm not sure where you're getting that it's for profit?
In relief? You mean printed that much money to hand out in loans? I just think fundamentally you don't understand how the FR interacts with banks.
Please provide evidence of student loan relief leading towards increased monetary donations and time donations.
Where did I say this was my answer? I just noted that what you and your buddies think is a 'glaringly obvious' solution - isn't a solution at all.
Once again, I don't care to respond unless you answer one simple question: if the solution is so glaringly obvious, how does paying the loans of the highest education, highest earning and most capable portion of our population fix the predatory nature of student loans, the high interest rates and increasing cost of tuition?