mea culpa

I was very wrong about any law making it legal to pay off he student loans.

I need to apologize.

The move to pay off the loans was not legal.

There is a minority that would and can challenge what has happened.

The students could end up owing the student debt after all when there is a challenge.

This has major economic impact. When the money is owed back again it will slow the US real GDP growth down in part. I am talking over several years while the young consumers are burdened again…

The move to pay off the loans was not legal.

The loans are not paid off. The debt itself has been reduced to zero due to fraud by the schools. The federal govt was at fault for allowing loans to pay for those schools in the first place.

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