Why?
What institution LOANED this money out??
Won't they be kinda pissed if they do NOT get their money back?
> What institution LOANED this money out?? <
I don’t think that matters. From what I can tell, Biden is talking about loans that are federally guaranteed. So if a loan is forgiven, the loaning institution is made whole with money coming from the US Treasury.
I could be wrong. But that’s my understanding.