About as miraculous as Jesus turning water into wine.
Student loans are securitized and repackaged and derivativized to the point where forgiving them would cause another 2008 like debt bubble financial crash. There's a financial house of cards built upon people's educations and its sick.
I love seeing others know about SLABS and that it's exactly why Biden made it so you can't get out of student loans through bankruptcy. Can't have the Oligarchy's gambling assets getting wiped out.
About as miraculous as Jesus turning water into wine.
Student loans are securitized and repackaged and derivativized to the point where forgiving them would cause another 2008 like debt bubble financial crash. There's a financial house of cards built upon people's educations and its sick.
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I love seeing others know about SLABS and that it's exactly why Biden made it so you can't get out of student loans through bankruptcy. Can't have the Oligarchy's gambling assets getting wiped out.