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Biden may start forgiving student debt in October
(www.cnbc.com)
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this post was submitted on 03 Sep 2024
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Why wait?
He's been trying to do it multiple times since he's been in office. I'll let you guess which political party keeps striking it down.
Is it the one who wants to take public school money to make their private schools cheaper?
Let's describe this as it really is: they want to take public funds to use for religious indoctrination.
Religious indoctrination of a very specific sort.
Just wait til the madrasas start using public funds... See what happens to them.
Say it isn't so!
He started forgiving student loan debt in August of 2022. The Republican Supreme Court keeps blocking him.
The vast majority of that should have been forgiven years or decades ago under existing programs...
It's just they put loan servicers in charge of the loan forgiveness programs, so they were intentionally understaffed and prone to errors.
When people hold up dollar amounts like Biden is doing a lot, that number is inflated by fraudulent interest Biden is just paying with our tax money.
Is it better than him ignoring the problem like Obama and trump? Sure.
But he's literally doing the bare minimum of enforcing programs that have existed for decades, and drastically overpaying meaning for the same dollar amount, more people should be getting loan forgiveness.
It sounds great if you only read headlines tho...
And if Hillary's primary campaign hadn't taken over the DNC, we'd be coming out of Bernie's second term with the most progressive SC in history.
Making excuses for Biden always just ends up arguing against moderate politicians like Biden. It's their fault we're in this shitty situation to begin with
Hey, neat! It's a couple of talking points.
"They are lying to you about numbers, don't pay attention to the numbers! Just in general; no numbers. Pay attention to my vague, inflated, ever-shifting claims, instead."
"This politician is spending our money!" (mostly this one is emotional impact -- it is true that practically everything the government does is spending people's tax dollars, but suggesting that some specific thing is them spending your money is alarming to people on a survival level and triggers this kind of hatred for the situation overall)
"Okay, he is making progress, but it doesn't count!"
Literally no idea what you are talking about here. I think you messed up by making it too specific, so it's factually untrue -- you gotta keep it within the realm of technically true but wildly misleading things ("paying with our tax money").
Are you suggesting that when Biden forgives $10k of student loan debt, the borrower is receiving less than $10k worth of forgiveness? How would that even work? I think you got too excited at the keyboard and let your typing-froth get too close to factual reality and kind of exposed the fact that it's all made up bad faith bullshit.
"I'm the well informed one! If you disagree with me you are foolish / naive / victim of propaganda / etc!"
Bringing factual reality = "making excuses for Biden"
General bad faith bitterness and blaming. It's actually pretty remarkable how effective this is at turning "Biden tried to forgive $500B in student loans and has been fighting against efforts to stop him and still has succeeded in forgiving $167B and is still trying to do more" into "it's his fault student loans even exist in the first place! Fuck him for pretending to care with his massive student loan forgiveness program positively impacting millions of people!"
Overall I rate this like a 4/10. You hit a bunch of general points that can produce an emotional impact and could literally be applied to anything, and you hit honestly a pretty good rhythm of nonstop firehosing claims wrapped up in a way that they could produce an impact. You got too factual, though; even one claim that is objective and testable and 100% false (the thing about "drastically overpaying" which doesn't even make sense as applied to student loan forgiveness), can sort of snap people back into the realization that you're just jabbering anything you can come up with to attack Biden with no connection to reality.
Nice try. Back to the drawing board.
So you don't want any student loans debt forgiveness at all, is what you're saying.
Kinda surprised you didn't delete this.
Why?
I stand by what I said even tho it's unpopular:
It's better than nothing, but nothing to brag about.
And we're giving the companies that fraudulently refused to process forgiveness the extra illegal interest they've been charging.
It only sounds like Biden is accomplishing great things if you don't know the details and just listen to headlines...
Which is what we give trump supporters shit for.
His most recent plan was blocked by Republicans in court this month. He has a new direction to try in Oct.
Thanks for this actual useful answer
Bureaucracy takes time, unfortunately.
If they can take lessons learned and come up with a new package that even the current Supreme Court can't strike down with that extra time, so much the better. (Sadly, I suspect that the current SC will just throw out jurisprudence entirely and give unsound decision after unsound decision to stop this, but if there's a one in a million chance that they can find a line that even the current SC wouldn't cross to stop this...)
Unless Bibi wants more weapons.
Unless literal congressional action and 3/4 of a century of foreign policy mandate otherwise… but keep going back that far for grievances…
He circumvented congress and is ignoring the Leahy Law. And "that's the way we've always done it" is only a convincing argument to those that like what maintaining the status quo accomplishes in Gaza.
Oh look, a single issue broken record
If you don't like me pointing out how priorities get fast tracked while things that aren't priorities get slow walked, oh well.
Correct. There are more things going on than the one single thing you care about.
Yes, and the single issue you want silence on isn't going away.
If shouldn't be silenced. Never said that.
There are more things happening in the world though.
Cool. Tell the rest of lemmy.
Yup. Things that aren't as important to Biden as making sure Bibi got his genocidin' weapons.
Broken record
You don't gotta pay attention, you know.
If our government can so happily stand by and let us children be killed in Gaza, how do you think they feel about everything else going on?