270
Biden may start forgiving student debt in October
(www.cnbc.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Sep 2024
270 points (98.6% liked)
politics
19138 readers
3326 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
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.