President Joe Biden may try to forgive student debt again as early as next month, in a sweeping redo effort that could impact tens of millions of Americans.
    • unmagical@lemmy.ml
      32·
      3 months ago

      He started forgiving student loan debt in August of 2022. The Republican Supreme Court keeps blocking him.

      • givesomefucks@lemmy.worldEnglish
        828·
        3 months ago

        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…

        The Republican Supreme Court keeps blocking him.

        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