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this post was submitted on 19 Jan 2024
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I’m not sure why this comment is so controversial. It’s exactly what’s happening. We’ve been talking about this now for forever and almost nothing is happening. It’s wonderful that 74,000 people get some relief but that’s a drop in the ocean. I want it badly but I’ve almost accepted the fact that it’s probably not going to happen.
74,000 in addition to the 3.4 million people who already had student loans forgiven. That's not nothing.
Sure, I agree the extra 3.4 million people have gotten relief or forgiveness is not nothing, but out of the 45.3 million people (quick Google search) with student loan debt that’s only 13%. It’s great, we’re on the path, but 87% of people still haven’t seen any kind of help, and were drug along being promised help for the last 3 years.
"It's only 13% and not 100%, so it doesn't count!"
The Supreme Court blocked his attempt last year to forgive debt for another 43 million people, which was set to take effect before repayments started back up. He's trying to help but is being blocked by conservatives who want him to fail so Trump can be reelected.