submitted 1 week ago by lriv724@discuss.online to c/asklemmy@lemmy.ml

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I have an economics teacher that made this claim in class yesterday. I wanted to know other people’s thoughts about it.

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[-] theonlytruescotsman@sh.itjust.works 3 points 1 week ago

Why would it be government debt? Just cancel the loan, don't pay it on behalf of the borrower.

[-] ryathal@sh.itjust.works 1 points 1 week ago

The government guarantees the loan. Student loans are ultimately the government taking out a loan on behalf of a citizen.

this post was submitted on 06 Dec 2024

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