Biden says he is forgiving $5 billion in student debt for another 74,000 Americans

https://lemmy.world/post/10911153

Biden says he is forgiving $5 billion in student debt for another 74,000 Americans - Lemmy.World

President Biden announced Friday that his administration is forgiving $5 billion in student debt for another 74,000 borrowers, marking the latest round of debt cancellation since the Supreme Court voided the president’s student loan forgiveness program. Mr. Biden said that of the borrowers who can receive relief, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service. Almost 30,000 of those who will have their debt wiped clean have been repaying their loans for at least 20 years, but did not get the relief they earned through income-based plans, the president said. With the latest round of student loan forgiveness, more than 3.7 million Americans have had their debt erased under the Biden administration, Mr. Biden said.

Let’s do all of it, and put in place a solution for all future student loans. They are robbing us blind right now, and costing future generations a chance at a debt free life.

Yeah, but that’s progressive…

We keep electing democrats that think fixing something at once would be too disruptive.

So they stretch the smallest amount of progress as long as they can, even if that doesn’t make up for damage Republicans do.

Its been like 80 years since moderate Dems told FDR that it was too soon for universal healthcare and Americans had to wait a few more years to make sure it’s a good idea.

And they’re still fucking saying they need to look into it more. It’ll never be time. Student Debt relief shows every indication that it’s going to be the same thing.

This may be a shock to you, but there are other branches of government in the US. One of which is not elected and that’s the one that recently struck down Biden’s HEROS plan that would have eliminated $460B in student loan debt.

ncsl.org/…/supreme-court-strikes-down-student-loa…

Supreme Court Strikes Down Student Loan Forgiveness Program

The U.S. Supreme Court ruled the states had standing to sue the Biden administration over its student loan forgiveness program and struck down the plan; the court also ruled that individual...

National Conference of State Legislatures

Good thing we elected a career politician who said his decades of Senate experience meant he could get Republicans in the Senate and house to vote for progressive legislation…

Oh, that’s right…

I forgot Dems had the Senate, House, and presidency for 2 years…

But that highly experienced career politician told us trying to change even a single politicians mind (even if they were in his own party) was an impossible task so he wouldn’t even try.

Welp, at least we’re not running him again since the whole reason he said he was the man for the job turned out to be something he was lying about…

That would seem like a terrible plan

Oh, but what more could you ask of him? He tried once and the Supreme Court said no, and that’s all he can do. Sure, when Trump wanted to ban Muslims from the country and the Supreme Court told him no he just changed one or two small details and issued the same order again and again and again until the Court gave up, but Biden couldn’t possibly do something like that here because it wouldn’t be very polite. You don’t want a rude president, do you?

/s

LOL, That's quite literally what Biden is doing now in bits in pieces while keeping SCotUS out of it entirely.

more than 3.7 million Americans have had their debt erased under the Biden administration, Mr. Biden said.

But no, you want what you want & you want it NOW.

I forgot Dems had the Senate, House, and presidency for 2 years…

Either you are lying & hoping no one would notice or you are even more politically ignorant than I first realized.

That’s quite literally what Biden is doing now [except for how he isn’t doing it at all and is instead occasionally dropping much smaller scale things that are mostly just implementing things that got passed years ago and hoping everyone forgets that he promised to help everyone]

lol indeed

Tell me you're a petulant child that never passed a single Civics class without telling me you're a petulant child that has never passed a single Civics class.