Covid Student Loan Relief

You know, of course, about Biden's plan to forgive students loans and make people who never went to college or who already paid for their college (like the Bruces) pay for those who did borrow. But did you know how much the "pause" or Covid Emergency Relief and Federal Student Aid is costing us? $255 Billion as of March. The good thing is, it makes the $75 billion given to Ukraine not look so bad, right? President Trump began the pause, to last through December 30, 2020. Biden continued it, even though he says the pandemic is over, and even though employers can't find workers to earn the money to pay their loans. It's all part of the inflation which caused the Fed to raise interest rates to cool the economy, which in turn is helping create the bank crisis (and bad management, but that's another story). Everything is connected to everything else. The lockdown's damages in increased death, debts, and divisions among families and friends will not be known for years.

Trump Suspends Student Loan Payments Through December 31 (forbes.com)

Student Loan Forgiveness Debacle Has Already Cost $255 Billion in Lost Federal Revenue - Minding The Campus

Churches, the relief bill, and PPP

I think this $1.9 trillion relief bill, 9% of which is directed at Covid, is a trial run for universal basic income which U.S. socialists have wanted for a long time. Eighty Five years ago Democrats under the leadership of FDR extended the Great Depression probably 5-6 years longer than a natural recovery, now they want to do the same with the pandemic economic slump. 

I do hope that churches will turn down the 2nd application for PPP. Churches are member supported organizations which do not pay federal income tax. If they have the trust of their membership who continue to pay their pledges, there's money to pay staff. It's legal, but not ethical, to apply for PPP. Especially since so many churches sat in their closed buildings and were willing to be "non-essential" in the eyes of their state governments.