Damn... I think I can hear the conservatives and right wingers screeching from here...
this post was submitted on 19 Jan 2024
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Inb4 the "WHeRes mY REliEf?" Dickheads come out of the woodwork.
Don't forget all the pretend left wingers screaming to just sign away all debts with the waive of a pen then name dropping genocide and BernieBro like they're helping. Oh wait, they're already here lol.
While they expect these teachers and nurses and fire fighters to put out all the fires the usurpers started on the White House lawn.
CANCEL CULTURE HAS GONE TOO FAR 😡🤬🤬 /s
Good move from Joe Biden.
Half way to being forgiven with the PSLF program.
Feels like a fair trade? A decade of public work for far less pay than I'd make in the private sector in exchange for advanced schooling.
Lucky. I get paid by the government for my work but I technically don't work for them so guess who's not even eligible.
This is the best summary I could come up with:
WASHINGTON — In a new wave of student loan forgiveness, the Biden administration is canceling $5 billion in debt for 74,000 borrowers, many of whom worked in public sector jobs for more than a decade.
Since the ruling, the White House has launched a series of smaller relief programs.
“My Administration is able to deliver relief to these borrowers — and millions more — because of fixes we made to broken student loan programs that were preventing borrowers from getting relief they were entitled to under the law,” Biden said on Friday.
In December, Biden approved about $4.8 billion in student debt cancelation for more than 80,000 borrowers.
The Supreme Court struck down Biden's student loan relief plan in June, arguing that the program was unlawful because it was not explicitly approved by Congress.
Biden said in Friday's statement that "we are continuing to pursue an alternative path to deliver student debt relief to as many borrowers as possible as quickly as possible" in the wake of the Supreme Court's decision.
The original article contains 324 words, the summary contains 171 words. Saved 47%. I'm a bot and I'm open source!
Just forgive it all, for fucks sake.
Pretty sure he was about to do that, only to have republicans take it to the supreme court where it was struck down. I don't get why there's still this narrative of Biden being the bad guy because he can't just wipe out all student debt, and why some people keep framing that as his choice. I thought we all watched that SCOTUS case play out in real time.
he would if the supreme court didnt strike it down...
The case before the Supreme Court was based on the exclusion of some borrowers. The first action was to forgive $5-10k for low- and middle-income borrowers. The people who sued were well-off enough that they weren’t included. If his first move had been to cancel all student debt guaranteed by the federal government, the plaintiffs would have lacked standing to sue and the case would likely not have gone to the Supreme Court. If it had it would have been a much weaker case because there would be no group of borrowers who were excluded.