Not sure if it’s been mentioned but CNBC said 26 million have applied now and 16 milllion have been approved (not received money just approved to receive it). Say only that that 16 million receive the 10K, not the possible 20K and no one else gets it, that’s 160 billion handed out. Don’t forget that 100 billion was straight up stolen by gangs and foreign countries from the Covid relief money. If you don’t think they’ll figure out a way to do that again you’re crazy. This is economic insanity.
Plus, 10K won’t even put a dent in most peoples student debt. It needs to be capped at a certain percentage, not just have money thrown at it. This is not a solution at all.