Biden administration forgives $4.8 bln in student debt
Biden administration forgives $4.8 bln in student debt
U.S. President Joe Biden said on Wednesday his administration had approved $4.8 billion in student debt cancellation for 80,300 people.
"This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions," Biden said in a statement.
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Great, now do the rest.
He already would have, if congress and SCOTUS weren’t fighting him every step of the way.
Exactly this. I still have the letter I received that my debt would be forgiven, as well as the letter after the GOP challenges that said oops, not really.
Oof. Sorry to hear that.
That's when you send them a handwritten, crayon-on-construction-paper letter that just says, "OOPS! NO TAKE BACKSIES!"
He could be giving daily speechs about it and jam up the airwaves. A never ending assault and shame tactic until they would have to give in.
Lol this is a joke right?
until they would have to give in
They wouldn't.
I don’t think they would have to. It’s getting harder and harder to shame Republicans. The Republican Party has also got decades of anti intellectualism on their side, plus the more recent attacks on higher education. They’ve spent years laying the groundwork for a fight just like this one.
A lot of people think that students deserve to be held responsible for legal loans they voluntarily accepted as adults. They don’t think it’s fair for college students to get a bailout when they themselves are struggling to pay their mortgage. I think student loan forgiveness is a sound investment in our country’s future, but unfortunately, it’s not my decision.
Remember, much of the Republican base is selfish, and has significant disdain for younger generations. This fight appeals to their ideas about personal responsibility (for others), justice (unless they’re asking us bend the rules in their own favor), cutting government spending (unless it’s on themselves), and the cruel satisfaction of hurting smartass liberal college brats.
They would never give in. That’s the problem.
Aside from Sinema, Manchin, and the Republicans, who else is against it?
In area I live, lots of farmers were definitely against it. Which is SOOOOOOOOOOO ironic. At least I think that's irony. Someone fact check me please.
It's not irony unless those farmers hold a lot of student loan debt. It's hypocrisy, because they're the most consistent recipients of welfare
Would definitely fit in a modern take on "Ironic" by Alanis Morisette tho.
Rural types have long resented university being a source of kids who stop coming home for Christmas,
To them it's less about the irony of taking funding while denying others and more about paranoia that affordable higher education will see rural American "culture" (read, child marriage, rape culture, and grievance culture over being judged when they say the N-Word) be wiped out in an instant as everyone takes the free ride and never comes back.
Then they might have to do something like be accommodating to the immigrant communities that actually want those rural jobs!
Got the first verse ready to go!
If it's not ironic, it's some good old fashioned hypocrisy
Well at least I could still write a song about irony.
Isn't that enough?