this post was submitted on 19 Jul 2024
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[–] solrize@lemmy.world 35 points 3 months ago (4 children)

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

[–] Zachariah@lemmy.world 23 points 3 months ago (1 children)

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 6 points 3 months ago (1 children)

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 8 points 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.

[–] FlyingSquid@lemmy.world 5 points 3 months ago

It still won't help. They know anyone who has student loans to repay isn't rich.

[–] NocturnalMorning@lemmy.world 1 points 3 months ago

Tell everybody they're bailing out the banks and everyone will get on board yesterday

[–] SeaJ@lemm.ee 1 points 3 months ago

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