Tag: loans
The Devil in the PPP’s Bailout Details
Of all the actions the U.S. government has taken during the coronavirus pandemic, the Paycheck Protection Program (PPP) has been one of the most effective in achieving its desired results. The PPP provided $510 billion in emergency loans to small businesses to let them continue paying the incomes of their employees as they were...
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Government Bailouts by Another Name
Despite the evidence that the U.S. government cannot make money from its student loan business, it may soon get into a whole new lending racket.
Forgive and Forget Won’t Fix College Debt
“Free” college and loan forgiveness are increasingly popular ideas. According to a recent AOL News poll, for example, 49 percent of respondents believe every state should offer free four-year public college tuition. Another poll by MoneyTips.com found that nearly 42 percent of respondents favored forgiving all student loan debt. Such results are understandable. After...
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