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Biden says he is forgiving $5 billion in student debt for another 74,000 Americans (www.cbsnews.com)

submitted 7 months ago by MicroWave@lemmy.world to c/news@lemmy.world

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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.

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[–] Cowlitz@lemmy.world 2 points 7 months ago* (last edited 7 months ago)

I'm not a fan of him either. Though he hasn't done much of what I've wanted, he's been more progressive than I expected. Tbh it sounds like he would have been better off politically if he hadn't touched student loans. Im finding other progressives aren't realistic on this issue and do not seem to want to encourage behavior they want from politicians. Way to encourage other politicians not to make attempts like this. Biden would be getting raked over the coals less if he had done nothing. That doesn't mean dont be critical when its warranted, but don't expect anybody to take you seriously when you claim he didn't try. Were you a fly on the wall listening in? You not being there doesn't mean conversations didnt happen. Its an unfounded claim that doesn't acknowledge the good changes he HAS accomplished. You just don't care about those because you weren't personally impacted. No different than every other selfish voter who gave us Trump.

You are foolish if you think individual politicians can make more progressive shit happen on their own. So many "progressives" only care about the end results and how they are personally helped. That makes you no different than any other voter and its also why we will never make progress until people like you cut the crap and grow up. Incremental progress is still progress. The only time it is not is when its something like setting up a healthcare program and underfunding it so bad it makes the masses hate it. In cases where shit is already fucked, making it slightly less fucked is a good thing.

Personally I actually want politicians to move left. So I celebrate when they make steps in that direction. You are playing into exactly what the Supreme Court was trying to accomplish with its bs decision. The point was to hurt him politically. If you do not reward politicians for moving left and are extra critical of any who make attempts to do what you want, you are only telling them not to bother.

He wasn't my choice but he's what we have. We may as well try to use him instead of throwing a tantrum about what could have been. Most neolibs wouldn't have done anything and he surprised me when he did. The primaries are the place for idealism. The general is the place for realism.