Someone carefully worked on each word of that with focus groups and sociology and analysts.
And it still isn’t so clever.
Remember Tlaib and AOC wanted $50,000 payout per student loan person. On the way to glorious socialism.
What will the student loan recipients spend their newfound taxpayer money on?
What do people here think?
Some past tax cuts went straight to unpaid bills and current credit card debts. Wonder where this money will go?
To answer your question, they won’t spend the money because they never intended to pay off the loan in the first place.
They aren’t getting a 10k check so much as being told they don’t owe 10k, something they never figured they would ever truly owe.