Can you imagine the fraud that will come from this? It's going to be epic.
Remember the Covid unemployment that was dished out? The fraud was in the many billions of dollars. I don't really understand why we consider the level of fraud trivial, because it isn't.
Hardly anyone was prosecuted nor investigated. Because the government knows that all the fraud money went to Democratic Party voters and supporters. They bragged about it on Tic Tok living that "unemployment life".
These urban centers ran by Democratic Party operatives are probably already gearing up to help people with in facilitating to this student loan relief money and we will see a report in a few years time that will show the level of fraud and abuse and politicians will just shrug their shoulders.
[This message has been edited by Wichita (edited 09-09-2022).]
I wonder, realistically, how much fraud is possible with this?
Loans... Student Loans... Records of the Student Loans.
Unless an applicant can produce the record(s) to document that she (he) is currently in debt on a qualifying loan... how could they take unfair advantage of this?
I wonder, realistically, how much fraud is possible with this?
Loans... Student Loans... Records of the Student Loans.
Unless an applicant can produce the record(s) to document that she (he) is currently in debt on a qualifying loan... how could they take unfair advantage of this?
I'm not going to spend the time to try and figure out if or where there are "loopholes" in it for fraud.
But there it is.
?
Seems like a lot of Plandemic branch covidian relief went to those that didn't need it. Multimillion $$$ institutions that didn't need it. Many D-evil states with held dispersement in or to put it into their general funds to bail out their years long budget deficits that didn't need it. What about all those schools getting new ventilation systems?
Seems like a lot of Plandemic branch covidian relief went to those that didn't need it. Multimillion $$$ institutions that didn't need it. Many D-evil states with held dispersement in or to put it into their general funds to bail out their years long budget deficits that didn't need it. What about all those schools getting new ventilation systems?
Nothing to see here with Kmarx shoppers.
You are part of D-evil Pathetic.
Absolutely. Reportedly, and I tend to believe the reports, the scamming of the big Covid relief packages was "epic." There was one such package when Trump was still the President, and one (or two more?) after Brandon came in? I don't think I need to review that history.
But I'm talking about this Student Loan Forgiveness entity.
Are there the same possibilities for scamming of it, or, because (I conjecture here) it is a simpler and more narrowly defined program—not so much, as there was with the Covid relief?
Oh, I'm sure there is no room for anyone to ever scam this Government program. Nobody has ever managed to get one up on the Government with any other relief program before. 🤡
Few years ago I knew this "girl" in the same building I was in. She was late 50's/early 60's and had NEVER held a job of any sort.
Career student and had no intention of stopping or ever paying any of them back. Just keep at it going until death.
So long as she stayed in school with a minimal course-load she could keep deferring existing loans, plus piling on new ones for next year. Here the student loans cover tuition, books ect plus living expenses. Think ya can survive on $705/week ?