Why is this important?
HR 4170 is a bill to have the US Government pay for student loan debt, or to force the companies who have loaned money to students to cancel that debt and absorb the losses. The economics of this just don't make sense! Yes, student loan debt forgiveness would help those with loans, but only in the short term! Students now in school would not be helped. The US Government owes $14 trillion, and HR 4170 wants to add another trillion! Or even to cause companies, who own those loans, to pay for it. The US Government can't afford to pay for college education.
