Five years ago, Congress cut the rates on federal student loans in half. That was a good thing to do. But on July 1st — that’s a little over two months from now — that rate cut expires…That’s basically a tax hike for more than 7 million students across America.

Ending a subsidy is “basically” a tax hike, and apparently that’s bad.  Whereas an actual tax hike, apparently, is not. 

This is a real head-scratcher.  Or it would be, if public discourse had not passed beyond parody itself.

Urgh.  My next post will be as far from politics and civics as can be imagined.

About wormme

I've accepted that all of you are socially superior to me. But no pretending that any of you are rational.
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1 Response to “Basically”.

  1. Pingback: A man of his word. | World's Only Rational Man

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