Possibly, but in my scenario, Mom and Pop pay less than the Amazon and Walmart. I also think we need to have Antitrust laws again, as well as other regulations.
Itâs complicated, and great points are being made in the above comments, and I really donât know much about it beyond people Iâve know whoâve been stuck in a weird, whatâs described to me, as what sound like some usury jail, where a person can be faithfully paying for years, heck decades and barely make a dent into the principle. Whatâs up with that? What about usury and all that.
And if many other aspects of the lending lending business are every bit as usury as Student Loans, payday loans, car loans, etc., . . .
When a peopleâs guiding light becomes profits Ăźber alles - itâs no wonder breakdown and collapse follows.
Did anyone talk about that from a position of knowledge, I may have missed it. Be fun understand the dynamics of whatâs actually happening better. Sadly the news has been its usual superficial info.
Bidenâs new plan:
FACT SHEET: President Biden Announces New Actions to Provide Debt Relief and Support for Student Loan Borrowers | The White House.