Those businesses originally agreed to repay the loans. I understand that "forgiveness" was built into the loan and became grants if stipulations were met. However, a lot, I wont say majority because I havent looked into the details, clearly did not meet the obligations. It also brings into the question the "why" those loans which used tax payer money were built that way to begin with.
If you dont like that example the taxpayer ate a huge chunk on the chrysler bailout.
People get emotional about this. If you take umbrage with people not taking responsibility, remember every LLC, S-corp, and fortune 500 company are run by people. Just use the same standard.
Like I said, all my just shy of 100k in student loans are paid off. My cars are bought with cash. My bank accounts and retirement just keep going up. I dont have a horse in this race. If congress decided to wave the pen and forgive student loans after I paid mine off, you wouldnt hear my complain. If that happened, It would benefit the economy in a huge way and is no different to any other handout the government gives out.
Im not trying to change anyones opinion on the matter. It doesnt affect me this way or that way. It is what it is.