Did you miss the part in the original article about "an additional 0.3 percent each year after that until the loan is fully repaid"? Do you have a source that r

Did you miss the part in the original article about "an additional 0.3 percent each year after that until the loan is fully repaid"? Do you have a source that rebuts that, or are you just conveniently omitting that because you want to minimize the problem? Stop repeating this misleading factoid to try to make it seem like this is just some Republican think tank inventing a problem to make the Democratic government in California look bad. $18.5 billion is $18.5 billion regardless of how thinly you slice it. California does not have the ~billion employees it would take to pay of the loan in one year. Then there's interest, presumably. Defaulting on a huge loan, while allowing tens of billions more in fraud, is irresponsible government.