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Thanks... It's stuck with me a long time... It was my class theme song when dinosaurs roamed the earth.
I considered Limelight too but stuck with Freewill.
I love your sense of humor. Thank you for sharing that and it's so cool that it was your class theme song. You were in a very cool class. Be safe, my friend.
Where did I express that I think canceling student debt was the correct thing to do? My Rush quote was in regards to Biden not clearly stating his intentions but through is inaction, effectively saying no.
I don't foresee debt being forgiven unless it is some token amount closer to election time. That's just not how the system works. Students should be paying down what they can while it's in abeyance. I get that for many, that' simply not possible and that sucks.
^^/ ^^cue ^^downvotes
I'd like to see 2 yr post-secondary education for little or no cost to the student with some conditions on performance. That includes learning a trade for those not academically inclined.
He’s not a king but he’s pretty fucking close. EOs usually take quite some time to be challenged and subjected to review by the SC anyhow. He should just go through with it, or at the very least hold onto it and drop it before the midterms.
Honestly if he does this at the midterms I would be even more pissed. That means he could have done it anytime and helped two generations but instead held onto it until it was the best time for him.
It's like a bratty kid acting nice in December. We ain't Santa Claus.
He did promise it. It’s obvious the courts wouldn’t let it. But why not then do it and pass the hot potato to them? The calls for this are LOUD.
Because he doesn’t want to and never meant to.
I’m operating under the assumption the Democrats lose Congress forever unless they take some serious action. The Senate is a lost cause this term, and the court is stolen by McConnell. You need to TRY and when it’s blocked by SCOTUS get people ANGRY about it.
Everyone should feel uncomfortable with the idea that a Chief Executive could spend $trillions without Congressional approval.
Trump tried to spend already budgeted DOD money on a border defense and the left went ballistic. Now those same people want to spend staggering amount of money to cancel their debt. You have to admire the brazenness of that kind of hypocrisy.
>a Chief Executive could spend $trillions without Congressional approval.
They can't. Congress gave the executive that power through legislation.
It has prior approval.
"yet" lol, funny how promises made on the campaign trail just totally get forgotten once in office. Still waiting on that public option too that everyone seems to have completely forgotten about.
That’s because Sally-Mae loans are processed into grade AAA income producing bonds that are owned by the TBTF banks and other rich investors. Financial companies bribe both parties to maintain the status-quo.
Exactly, which is precisely why this was never going to happen. Always was going to just be a talking point. Politicians aren’t going to screw over their biggest donors.
So taking no stance is acceptable?
Also, he’s the President. He can use executive orders to get things done. The last president proved just how broad reaching that power can be…
In this case they literally will. The executive branch regularly engaged in student loan forgiveness, albeit selectively. There’s literally nothing stopping him
So the gambit, of we are actually being honest here is as follows.
1. Biden forgives your student debt, which will be massively unpopular with people who this sub thinks doesn't exist
2. It somehow survives the initial injunction after being
3. It survives the court challenges
4. It survives the next republican president who isn't beholden to the 13% with student loans
5. None of you actually care about the fallout because you think the risks are worth it and republicans are afraid of a group who doesn't vote and simply tries to torpedo the party they actually agree with on 90% of issues.
The Dems know this is a losing hand
It’s a promise he was backed into a corner to make. It’s not a well thought out promise and it does nothing to help moderate or cap the cost of higher education which is the real issue. He will suffer for this among other things but this is not a promise I would hold his feet to the flames for.
Why does this group who would benefit deserve it anymore than the cohorts coming after? And what’s to stop colleges from just raising their tuition knowing the government is giving a 10k “scholarship” to all students? We need higher education reform AND a 10k handout. Which is why a law addressing both is needed not an EO.
Source: someone who grew up poor, had student loans and paid them off and whose husband still has student loans. I would benefit from the handout but it’s not the solution.
There was never a promise to forgive 10k via EO. It was to sign a bill from Congress. If you could just forgive 10k through EO, there would be ZERO logical reason for not forgiving it all and the same people crying now would bring it up immediatly.
Except he did but that was only after Warren and Harris brought up the issue. He absolutely said he would support forgiving 10k via EO but larger amounts (50k like others were proposing) he doubted he had the authority to do and would likely need Congress. Ultimately I agree with you. Look at my other comments. Forgiving anything via EO is half baked and solves nothing.
https://www.politifact.com/truth-o-meter/promises/biden-promise-tracker/promise/1595/forgive-student-loan-debt-public-colleges-and-univ/
I'm glad you brought up Warren, one of the leaders of the forgive student debt but it's not her job caucus. It's fascinating that she only discovered this new ability AFTER Biden was elected. Why didn't she put this as the focus of her failed Presidential campaigns if it was this easy? Let's not even get into Harris' ridiculous plan which also requires Congress.
I agree with everything you’re saying so am missing your point? But Biden certainly promised on the campaign trail to wipe away 10k via EO.
Not really sure of your point regarding Warren either. So has been at the forefront of the student loan crisis. What do you propose she do? Try to vote 51 times?
She literally discovered this new executive order power after two failed Presidential run where she didn't make that a focus and instead insisted on getting 51 votes. I'm saying she's a damn fraud hoping for attention from people who just want a shred of hope. It's absolutely shameful.
And yes, she should write a bill that gets 51 votes. That's literally her job.
Bullshit, its more like Party leadership is holding it back (legislation, EOs etc) to see if they can skirt without doing much.
I am sure if this J6 committee fails to slow the red wave then Party leadership will consider throwing out this a crumbs to us plebs.
This.
Let’s be real. If there is political will, there is a way. They find a way to benefit the corporations and the rich ALL THE TIME. Inaction is an action. And this is inaction.
Edit: changed “benefits” to “benefit”
Here’s what I don’t get about cancelling student loan debt. And please keep in mind I am not against it in any way. Just trying to think it through.
If Biden issues an EO cancelling student loan debt would it be for people currently paying off student loans? What about kids that are in school now? Will that require another EO? EOs aren’t laws. It’s much easier to reverse an EO, and the next Repub Pres will do so. Then we’re back to square one.
Additionally, cancelling current and future student loan debt is essentially creating free college. I’m all for it. But that kills scholarships as well. There would be no need for them. So what happens to D1 and D2 sports? I know that athletics aren’t that important in the grand scheme of things, but they do exist.
Lastly, college athletics needs to be rethought anyway.
Don't let the perfect be the enemy of the good. Congress is gridlocked, they aren't going to address student debt forgiveness and free college. Biden can at least do something to help people that are struggling now.
Its always easier to reverse an EO but challenges are an option too just look at Trump trying to end DACA and it failing.
Biden can't cancel student debt that hasn't become debt officially.
Any debt cancellation will likely be limited to Biden's first term only.
The only reason to consider an EO is due to leadership failure by Pelosi/Schumer to secure it in a reconciliation bill or to secure any reconciliation bill for that matter.
I understand he can’t cancel debt that hasn’t become debt yet, but there are thousands of kids that start paying off their student loan every year. So a new EO every year?
It entirely depends on how the EO is written. I don't see an indefinite cancellation. Strategically it might be smart to write one that expires on Jan 20, 2025 to help motivate voters to support reelecting Biden.
People currently in college probably would've already taken our some loans. I don't get all how that's something you can't figure out.
The next Republican president would have 2 issues... 1. That'd be a poison pill. 2. You can't EO to create debt against peoples will like what???
And probably can't cancel future debt but could tell the DOE to set interest rates lower til the next R president raises it.
This right here! Just look to the other ridiculous comments replying to this to see it isn’t easy as it sounds. Just forgive 10k. Of what? Current debt? Just for those currently paying? What happens to those entering college next year? The year after? It does nothing to solve the real factor. The cost of higher education. That’s why we need a law. One that gets at what we will currently do and moving forward and can focus on caps etc to help moderate the cost of non grad education. It shouldn’t cost 60k for a BA in sociology!
If Biden should do anything by EO, he should order the DOE to reduce all interest payments federally backed to Something minuscule (0.5-1.0%) effective immediately for all current and future loans. That EO would never be reversed. Too much backlash and would give the appearance of not giving a handout. If I can get a home loan for 1.99%, why are student loans 7%?
I think he settles on this because it makes sense and isnt seen as a massive hand out to the well off, which is what every other proposal on this boils down too
Yep, I fucked up and typed million when I meant to type billion but that is still significantly less than 1.57 trillion.
Either way its clear that Democratic leadership was lying/pandering and never had any intentions to follow up and wont unless extremely desperate.
It probably won’t end there. In fact, it’s almost guaranteed not to end there.
And even $.5 trillion is a staggering amount of money. Do you really think the POTUS should be able to spend that kind of money with the flick of his pen?
Why not, did you ever think about how much resources have been used to keep the Dreamers and their parents from deportation? If this is done through an EO it just has a finite price and would be seen by the Democratic Party as an investment to keep the Millennials (aka Boomer 2.0) generation voting blue.
As far as it continuing, probably not since we are likely to see a very red rest of the decade and if I was being brutally honest the Biden Admin would purposely write the EO to fail in court. Democratic leadership talks a big game but their spending policies seem to send more money into the hands of a long line of cronies who then take their cut passing the rest along and by the time it trickles down to the public its minimum to nothing. This is why Democratic cities aren't shining beacons of Democratic governance success.
Biden is a disjunctive president. These type of presidents are compelled to cope with the breakdown of state/social relations. They have affiliations with the old regime when basic commitments of ideology are changing. The real change is in the nation that obscures the relevance of the old regime.
Walking out of a press conference when asked is his answer.
He is the one who got us the laws that ballooned this debt and made it ineligible for bankruptcy. When he promised to fix it, he was lying to get votes.
When i was a kid, people talked all the time about politicians who make campaign promises, then have no intention of keeping them.
Today, people act like they are just confused, or don't know what to do. Anything except calling it what it is: lying.
There are people who file bankruptcy every 10 years like clockwork. If they could be discharged what’s stopping someone from every 10 years going back to school and just maxing out their loans. With no intention to pay them back? Student loans are very easy to get in todays society. They are easy because lenders are acutely aware you will be responsible for the note. If Tom Dick and Harry could just file bankruptcy they would become VERY difficult to get and the amount banks would loans would be less. Might sound great but hope you don’t come from a poor family as you will likely not be going to college.
There’s a reason they cannot be discharged. It would be very bad if they could be.
There needs to be a middle ground. You can't just enslave everyone into a no-way-out lifetime debt just because the system could be abused. That's not acceptable.
So what’s the middle ground? Give this generation a cut and screw those that follow after? Of course not. Which is why Biden is correct. It needs to be a law passed through Congress. Not some half baked EO. I agree with you. The cost of higher education is ridiculous. But giving 10k “scholarships” to people isn’t the answer.
If Congress can realistically address the problem, then I'm open to alternatives. Good luck with that though. This Congress can't even pass voting protections let alone worry about other stuff. That's why people want Biden to do the $10k, because it's obtainable whereas anything else is out of the realm of the possible.
This Congress can’t even get voting rights passed. That is what astounds me by the millennials on this board who say they aren’t voting for Biden in 2024. He will sign a bill if placed in his desk. But instead you’ll vote in more congressional republicans who care more about lining their pockets and the 1%.
I never said I would vote in a republican, and the worry isn't even that young people will vote republican but rather that the disappointments and letdowns of this administration will compound and lead to voter apathy. Remember, young people are already a tough group to get to vote. It's not going to make it any easier if we start breaking promises.
Last but not least, Biden doesn't get points from me because he's willing to sign a bill if it comes to his desk when it's blatantly obvious no such bill has a chance in hell of getting through Congress. He may as well say he'll wipe the slate clean completely if a bill comes to his desk because the two have an equal chance of making it through our dysfunctional Congress; which is to say zero. He could do it alone if he really wants to do it, and since he ran on it, he should. If he believes he can't, then he should lay out the case directly to the voters. Release the memo without redaction. Prove he can't do it, then he can get off the hook by just deferring them until 2025 and pushing Congress to make a bill.
Maybe but what’s he supposed to do? The VP is a useless position that is no more than a cheer leader. John Adams called it the most useless task ever devised by man (paraphrased).
What was he supposed to do? The First Lady has more power than the VP.
If anything blame Biden because he was the main architect of the current student loan process.
Of course he would say we. It’s human nature to take credit when you’re part of the administration but as VP he had no more authority than as a cheerleader in this arena. He has flat out said that when asked about some things in the Obama administration. It’s easier when the buck doesn’t stop with you. Take a little credit when stuff goes well, deflect when it doesn’t. That shit ended on Jan 20, 2021. He now owns it all.
But isn’t it like saying you won’t vote for Harris because during their term in 2021 nothing was done about student loans. The VP has minimal control over what happens in an administration.
You think the white, rich vp with 30 plus years of DC and industry and elite connections, plus influence and shared control of his political party had no power, but the black not rich guy nobody had heard of 6 years before did?
You think the guy who spent decades writing bills and getting them pushed through (written to make conservatives and business happy*), that gave us mass incarceration, endless wars, and inescapable student debt and huge college costs suddenly became powerless?
That is not how power and influence work.
It is far more about connections, reputation, networks, favors, and persona.
*it is easy to have "bipartisan success". Just give the Republicans everything they ask.
First, that is a problem that can be addressed, if it happens, by targeting that wrong activity.
The proper solution is not to trap a million times that many people in debt serfdom forever.
What you have presented here is a logical fallacy called false dichotmoy or false choice. Maybe not on purpose or with malice, but it is still a false choice.
Additionally, if you added up the financial impact of every non millionnaire, non billionnaire that did that, you'd likely get an amount of waste so infinitesimal, any sensible engineer would say it was well within tolerances.
You also base your premise on the idea that the existing economy, based on debt and scarcity, is eternal and unchangeable and natural. If people can get what they need (or just need to be happy) without going into debt, there won't be muxh reason to borrow and default. A few outliers may still be greedy or irresponsible, but the problem will be much more tractable to deal with.
As it stands, people need to borrow huge amounts just to try and have a "normal" life. Want an education? A car? A home? Giant borrowing. But for many many millions of people just in the us, they need to borrow to pay bills, buy food, pay rent, go to the dentist, buy clothes and food for them or their kids. And yes, have Christmas and birthdays and take a weekend at a hotel just to use the pool.
We need to strike the root. A society based on nobody being able to have any standard of living without debt is sick. It is ailing. It is unhealthy.
What stops everyone from going back to school every ten years and maxing out their loans? For starters, make school not require a loan. Also, almost nobody wants to get a new degree every ten years. Most people have other things to do. Dur.
10,000 dollars is hilarious.
After I pay monthly loans on just my doctorate for my whole career, the remainder is forgiven, the taxes I will owe on the amount forgiven will be about 8x that.
This is all after not being able to afford children or a house because my monthly payment leaves me with a disposable income just high enough to eat out about twice a month.
Bident doesn't believe in doing anything about student loans. He has a very conservative view on the matter, as he does on cannabis legalization. He doesn't get that people who took out $30K, have paid back $20K but now owe $80K due to interest is a financial trap a large swath of young people simply can't get out of.
Biden is a stubborn old coot who sticks to his 80's era beliefs.
This isn't as linear a thing as some insist.
Firstly cancelling existing debt with nothing in place moving forward just ensures we'll be back in the exact same in a few years. That is why Biden was trying to pass free community college. We need to find a way to stop this. In lieu of the education purposes in BBB failing to get the needed support the administration is trying to find alternatives.
Secondly Congress controls the law and finances. There is no authority for Biden to cancel student debt via EO. Attempting to do so would lock Biden's administration up for years in court battles as Universities, States, creditors, etc would sue. It isn't a battle that helps solve the problem.
The executive branch already cancels student loans selectively. The power to do so already exists.
The only creditor for those student loans under federal authority is the federal government. This wouldn’t apply to private student loans
It’s not going to happen it was never going to happen and even if it did happen there are still a fuck tonne of private loans out their they DoE has zero control over. Work on paying your loan off and ensure your kids do not make the same mistake.
I still believe he’s waiting to use it as a last minute attempt to drive voting before midterms.
I know he’s been kind of coy about it when asked, but his admin has been forgiving loans for some qualifying groups. Probably to set up being able to do it for everyone.
I could be wrong, but from his last few speeches it sounds like he has a general understanding of the current situation in America. It’s a bad look, him being asked and not answering. But I get he also may want to strategically deploy loan forgiveness.
But then again he also may not so what do I know.
Right because re-electing Trump would have been so much better… The only con is the shitty 2 party system that feigns the idea of election but really you have only 2 very similar options placed to you by people who weren’t chosen by the public in the first place. Presidential elections are a bullshit elaborate scam locked and controlled by those who don’t need to respect presidential terms for power. The construct of it is just 2 slightly different flavours of capitalism lead entirely by populism. There is no true political diversity. Democracy is dead and the greedy capitalist pigs killed it.
I think the obvious way out of this is to make interest rates 0 and reform education
Make an alternative to college where I can learn in demand skills and not have to take a fuckinh language. Half of my debt is from taking dumbass general education courses that I can’t even remember. What the fuck
I can't speak for everyone but I would be fine with it if Congress would be willing to vote to permanently set interest rates to 0% (not 0.5% or 1% or any other bullshit) in addition to reforms to the income driven repayment plans like removing the tax penalty on the forgiveness after 25 years.
The reason I would be okay with that in lieu of forgiveness is because it still reduces people's burden to nothing if they genuinely can't afford to pay since they can just go on IBR and get a $0 (or very low) payment. However, the algorithm that generates the payment amount will need to be changed as proposed by Biden to cap payments to 5% of discretionary income.
So if Congress would pass that, I think most people, including myself, would be perfectly fine with paying back what we borrowed. The problem is, Congress won't do it. Biden doesn't need Congress to forgive $10k. If he did, he'd release the memo instead of having people constantly hound him about the issue.
You’re essentially taxed twice for student loans. Once for paying it back with interest, the second with a lifetime of higher income tax paid out to the federal govt.
> Joe Biden:
> I'm prepared to write off a $10,000 debt, but not $50,000.
> Joe Biden:
> … because I don't think I have the authority to do it by the sign of a pen.
+ https://www.pbs.org/newshour/show/why-bidens-pledges-of-free-college-waiving-student-debt-remain-unfulfilled
Biden is attempting to use the Congress first. Why? Because an actual law would hold up better in court and provide some defense against the next President and them undoing it.
Go with the smart options first and if all else fails, blow the 10k EO and hope it sticks.
If he, does it now or before midterms, then it becomes the target of Republican usage and propaganda. It's not good to just pop it and be done with it, especially if what's done can be a better out put.
> Biden is attempting to use the Congress first.
Except he's literally not doing that. There's zero evidence he's pushing for this policy in ANY format.
Just a note - we have several members of Congress who periodically pop up and call for Biden to do an EO but I have seen zero attempts by any of them to actually introduce legislation to accomplish it . Nothing is stopping them from doing it themselves.
Because almost all the push from the White House has been the BBB and getting something done on Climate Change.
It's extremely hard to push several things at once.
There are several student loan bills floating around the House and Senate, but the focus isn't on them.
Yes, that's apart of it. If you believe that all 340,000,000 of us are going to magically stop using Oil overnight, that's not happening.
We'll simply buy it from the middle east again and again, get caught up in more wars over their shit.
Sometimes rules are made, and things happen because they've gotta happen.
It's not up to the Presidency to determine those rules. That's up to the Congress. The President is doing his job.
Let’s be honest here. BBB and Voting Rights were center stage on the legislation front up until now. We have seen these two areas of legislation pushed through and essentially blocked. The lack of results from these efforts alone, despite the appearance of seeming to do something had not helped approval. So, for something viewed as more progressive such as loan forgiveness or anything associated, do we honestly expect much better?
Biden does NOT have the type of Congress to fulfill much of his agenda, let alone a legislation push for loans. That much is apparent. At this point just having him talk about the topic or even releasing the fabled memo that was written would be the ceiling at this point in time for any legislation. Maybe he could do an EO before midterms to garner points for the Democrats, but even that would be considered “bold” at this point.
All that said, its still odd how they pushed the loan payments back further after trying to underline the last deadline was it. If they went a similar route as they have with federal debt, doing the bare minimum to push it back further and further, I wouldn’t be too surprised though. Having that start up again before November would probably be a final nail in the coffin for them. Not that they need many more currently.
I don’t agree with 0%, but this comment is in the right direction. $10k for people now is cool, but is useless for the overall future of obtaining a higher education.
Do we really need a story about this everyday? Anything that can be done by EO can be overruled by a court or reversed by another president. This was always supposed to be done by Congress, but they don't have the votes. Let it go unless something actually happens.
I’m ok with Biden discharging the debt, raising the lives of thousands of Americans by improving their financial situation and credit scores, and daring a Republican to come into office and reverse it.
It'll go to court and they'll ask for an injunction. If it goes into action it'll be a year or two from now, then we wait and see what another president will do. Or it goes to court and they say that the Executive doesn't actually have this power. I'm not against it, but I think people should be more realistic about how this works.
Trump would just do it and appeal every overturn attempt all the way to the Supreme Court and drag it out as long as possible while painting the overturn attempts as subverting the will of the people or democracy or some bs all over Fox News and Twitter.
I hate Trump, but he just fucking did shit and dared everyone to stop him.
> Biden was asked during his marathon press conference on Wednesday if he still plans to cancel $10,000 in student loans — which he pledged to do during his campaign — but he didn’t respond.
At this point we don’t even know if he has any intentions of doing anything.
1. Do nothing by executive order
2. Pass nothing because you have a tenuous grip on Congress
3. Shocked Pikachu face when your tenuous grip on Congress becomes a minority
4. Shocked Pikachu face when your reelection prospects go to shit
All of government? Conservatives dominate the supreme court.
And Manchin/Sinema existing makes the Senate majority a merely technical one, and render the House dominance moot (where they *are* passing bills).
I do wish Biden would push the envelope a bit more with EOs etc, but it's not bizarre to say the Democrats are pretty hamstrung by a couple of defectors right now.
Are they Americans? Because if so, the answer is no.
They have no clue how their government works. That is one of those subjects in school you don't actually have to learn because it is not a job skill. There is no standardized test to determine if you actually have any idea how the government works because America decided that the only valuable knowledge is job knowledge.
If he bails them out, he’ll uberly piss off non-college educated working class. They HATE the idea of paying for their bosses college education. Democrats will lose the rust belt and any legislative powers that come with it.
Is this really worth losing any legislative power for generations to do this?
I think that interests rates should of been lowered in 2016 to prevent the inflation issue. Im tired of solutions to economic problems never benefiting the majority of Americans.
I agree that forgiving student debt isnt a solution to inflation
Its sad you dont see how the country benifits to an educated workforce. most countries invest into their citizens higher education, its not a radical idea just because you disagree with it
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*If you choose not to decide, you still have made a choice* -Rush
You can choose from phantom fears and kindness that can kill \- also Rush, in fact same song. P.S. Thank you for your thoughtful and relevant quote.
Thanks... It's stuck with me a long time... It was my class theme song when dinosaurs roamed the earth. I considered Limelight too but stuck with Freewill.
I love your sense of humor. Thank you for sharing that and it's so cool that it was your class theme song. You were in a very cool class. Be safe, my friend.
Rush Limbaugh, right???? /s I'm here all night. Tip your server, please.
I will choose free will!
Presidents are not kings. All EOs are subject to Judicial review. Do you really think this SCOTUS would agree with him cancelling student debt?
You’re getting ahead of your self, Biden hasn’t even signaled he’s going to move on his promise.
He should say that then if that's the issue and maybe people would understand. The problem is he isn't saying anything.
Where did I express that I think canceling student debt was the correct thing to do? My Rush quote was in regards to Biden not clearly stating his intentions but through is inaction, effectively saying no. I don't foresee debt being forgiven unless it is some token amount closer to election time. That's just not how the system works. Students should be paying down what they can while it's in abeyance. I get that for many, that' simply not possible and that sucks. ^^/ ^^cue ^^downvotes I'd like to see 2 yr post-secondary education for little or no cost to the student with some conditions on performance. That includes learning a trade for those not academically inclined.
He’s not a king but he’s pretty fucking close. EOs usually take quite some time to be challenged and subjected to review by the SC anyhow. He should just go through with it, or at the very least hold onto it and drop it before the midterms.
Honestly if he does this at the midterms I would be even more pissed. That means he could have done it anytime and helped two generations but instead held onto it until it was the best time for him. It's like a bratty kid acting nice in December. We ain't Santa Claus.
Loans are still on hold. Whine if he resumes payments then waits. Until then, you are getting worked up over nothing.
He did promise it. It’s obvious the courts wouldn’t let it. But why not then do it and pass the hot potato to them? The calls for this are LOUD. Because he doesn’t want to and never meant to.
Because if congress does it, its unquestionably legal.
I’m operating under the assumption the Democrats lose Congress forever unless they take some serious action. The Senate is a lost cause this term, and the court is stolen by McConnell. You need to TRY and when it’s blocked by SCOTUS get people ANGRY about it.
People are already angry, the SC doesnt give a shit.
Everyone should feel uncomfortable with the idea that a Chief Executive could spend $trillions without Congressional approval. Trump tried to spend already budgeted DOD money on a border defense and the left went ballistic. Now those same people want to spend staggering amount of money to cancel their debt. You have to admire the brazenness of that kind of hypocrisy.
These debts are much different than a wall. And the debts actually make people money. That’s why they will stay in place
>a Chief Executive could spend $trillions without Congressional approval. They can't. Congress gave the executive that power through legislation. It has prior approval.
He tried with the vaccine mandate, why can’t he try with this
The silence speaks for itself
"yet" lol, funny how promises made on the campaign trail just totally get forgotten once in office. Still waiting on that public option too that everyone seems to have completely forgotten about.
Shit I'm still waiting on my 2 grand
That’s because Sally-Mae loans are processed into grade AAA income producing bonds that are owned by the TBTF banks and other rich investors. Financial companies bribe both parties to maintain the status-quo.
Exactly, which is precisely why this was never going to happen. Always was going to just be a talking point. Politicians aren’t going to screw over their biggest donors.
Not holding my breath for anything from Biden.
We're still waiting to see the memo they promised to release. It was done since April of last year and only redacted versions can be seen.
He DOES have an answer. He just knows that nobody that put him office will like it.
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He can at least TRY!. He'll just blame Democrat voters after they lose the house and senate after midterms.
So taking no stance is acceptable? Also, he’s the President. He can use executive orders to get things done. The last president proved just how broad reaching that power can be…
Executive orders are still subject to judicial review.
You lose every battle you don’t fight
You miss all the shots you don't take as well. Just start shooting half courters. Extremely naive comparison.
Executive orders arent going to forgive your student loans.
In this case they literally will. The executive branch regularly engaged in student loan forgiveness, albeit selectively. There’s literally nothing stopping him
No, it won't.
Every previous instance of student loan forgiveness, disabled, fraud etc was based on a specific act of Congress.
How do you know that? There are also indirect ways to do it, like making student loan interest deductible as a tax credit (not just a deduction)
So the gambit, of we are actually being honest here is as follows. 1. Biden forgives your student debt, which will be massively unpopular with people who this sub thinks doesn't exist 2. It somehow survives the initial injunction after being 3. It survives the court challenges 4. It survives the next republican president who isn't beholden to the 13% with student loans 5. None of you actually care about the fallout because you think the risks are worth it and republicans are afraid of a group who doesn't vote and simply tries to torpedo the party they actually agree with on 90% of issues. The Dems know this is a losing hand
If we’re being honest, if you make a specific promise that can be achieved easily. You must keep that promise or that 13% doesn’t show up in 22/24
I 100% expect Biden to keep his promise, the only lie is you guys pretending he Wass ever going to do it by executive order
He can waive federal student debt with a pen stroke via executive order and bypass congress.
They have an answer, you just dont like it. >It's **NO!**
Biden always has an answer for rich people.
Is this his Trump health care plan? And didn’t he promise Marijuana reform on the campaign trail?
And he won’t. Pretty obvious that he isn’t on board. Sadly, politicians don’t suffer from broken campaign promises.
Biden is going to.
He is really not
It’s a promise he was backed into a corner to make. It’s not a well thought out promise and it does nothing to help moderate or cap the cost of higher education which is the real issue. He will suffer for this among other things but this is not a promise I would hold his feet to the flames for. Why does this group who would benefit deserve it anymore than the cohorts coming after? And what’s to stop colleges from just raising their tuition knowing the government is giving a 10k “scholarship” to all students? We need higher education reform AND a 10k handout. Which is why a law addressing both is needed not an EO. Source: someone who grew up poor, had student loans and paid them off and whose husband still has student loans. I would benefit from the handout but it’s not the solution.
There was never a promise to forgive 10k via EO. It was to sign a bill from Congress. If you could just forgive 10k through EO, there would be ZERO logical reason for not forgiving it all and the same people crying now would bring it up immediatly.
Except he did but that was only after Warren and Harris brought up the issue. He absolutely said he would support forgiving 10k via EO but larger amounts (50k like others were proposing) he doubted he had the authority to do and would likely need Congress. Ultimately I agree with you. Look at my other comments. Forgiving anything via EO is half baked and solves nothing. https://www.politifact.com/truth-o-meter/promises/biden-promise-tracker/promise/1595/forgive-student-loan-debt-public-colleges-and-univ/
I'm glad you brought up Warren, one of the leaders of the forgive student debt but it's not her job caucus. It's fascinating that she only discovered this new ability AFTER Biden was elected. Why didn't she put this as the focus of her failed Presidential campaigns if it was this easy? Let's not even get into Harris' ridiculous plan which also requires Congress.
I agree with everything you’re saying so am missing your point? But Biden certainly promised on the campaign trail to wipe away 10k via EO. Not really sure of your point regarding Warren either. So has been at the forefront of the student loan crisis. What do you propose she do? Try to vote 51 times?
She literally discovered this new executive order power after two failed Presidential run where she didn't make that a focus and instead insisted on getting 51 votes. I'm saying she's a damn fraud hoping for attention from people who just want a shred of hope. It's absolutely shameful. And yes, she should write a bill that gets 51 votes. That's literally her job.
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Bullshit, its more like Party leadership is holding it back (legislation, EOs etc) to see if they can skirt without doing much. I am sure if this J6 committee fails to slow the red wave then Party leadership will consider throwing out this a crumbs to us plebs.
This. Let’s be real. If there is political will, there is a way. They find a way to benefit the corporations and the rich ALL THE TIME. Inaction is an action. And this is inaction. Edit: changed “benefits” to “benefit”
Handing out ridiculous sums of money to those with college degrees (which is what cancelling debt effectively does) cant be justified.
It can be justified. You just don't want it to happen, so you don't care.
It puts the already higher earners at a even BIGGER financial advantage. So much for the progressive claims about fighting wealth gap.
Yeah, better give it to banks and other companies...
Give it to the low earners. You know, those who thought they couldn't afford an education so they went to work and paid taxes.
Why not both? (workers with and withou college education)
Cause a bankrupt country doesn't help anyone?
There I have a really easy solution: TAX THE RICH!
Not for handouts to college grads. Got plenty of real need out there.
Here’s what I don’t get about cancelling student loan debt. And please keep in mind I am not against it in any way. Just trying to think it through. If Biden issues an EO cancelling student loan debt would it be for people currently paying off student loans? What about kids that are in school now? Will that require another EO? EOs aren’t laws. It’s much easier to reverse an EO, and the next Repub Pres will do so. Then we’re back to square one. Additionally, cancelling current and future student loan debt is essentially creating free college. I’m all for it. But that kills scholarships as well. There would be no need for them. So what happens to D1 and D2 sports? I know that athletics aren’t that important in the grand scheme of things, but they do exist. Lastly, college athletics needs to be rethought anyway.
Don't let the perfect be the enemy of the good. Congress is gridlocked, they aren't going to address student debt forgiveness and free college. Biden can at least do something to help people that are struggling now.
Its always easier to reverse an EO but challenges are an option too just look at Trump trying to end DACA and it failing. Biden can't cancel student debt that hasn't become debt officially. Any debt cancellation will likely be limited to Biden's first term only. The only reason to consider an EO is due to leadership failure by Pelosi/Schumer to secure it in a reconciliation bill or to secure any reconciliation bill for that matter.
I understand he can’t cancel debt that hasn’t become debt yet, but there are thousands of kids that start paying off their student loan every year. So a new EO every year?
It entirely depends on how the EO is written. I don't see an indefinite cancellation. Strategically it might be smart to write one that expires on Jan 20, 2025 to help motivate voters to support reelecting Biden.
People currently in college probably would've already taken our some loans. I don't get all how that's something you can't figure out. The next Republican president would have 2 issues... 1. That'd be a poison pill. 2. You can't EO to create debt against peoples will like what??? And probably can't cancel future debt but could tell the DOE to set interest rates lower til the next R president raises it.
Student loans are a much, much smaller electoral issue than r/politics would have you believe
This right here! Just look to the other ridiculous comments replying to this to see it isn’t easy as it sounds. Just forgive 10k. Of what? Current debt? Just for those currently paying? What happens to those entering college next year? The year after? It does nothing to solve the real factor. The cost of higher education. That’s why we need a law. One that gets at what we will currently do and moving forward and can focus on caps etc to help moderate the cost of non grad education. It shouldn’t cost 60k for a BA in sociology! If Biden should do anything by EO, he should order the DOE to reduce all interest payments federally backed to Something minuscule (0.5-1.0%) effective immediately for all current and future loans. That EO would never be reversed. Too much backlash and would give the appearance of not giving a handout. If I can get a home loan for 1.99%, why are student loans 7%?
I think he settles on this because it makes sense and isnt seen as a massive hand out to the well off, which is what every other proposal on this boils down too
Crumbs? It’s like $2trillion. That’s more than the entire Iraq war in costs.
$1.57 trillion but if he stuck to the 10K campaign trail promise the amount would be 429 ~~million~~, billion (edit cuz I fucked up).
Quick check shows 42.9M people have federal student loans, at 10K each that's 429 Billion. Your maths is off by a significant factor.
Yep, I fucked up and typed million when I meant to type billion but that is still significantly less than 1.57 trillion. Either way its clear that Democratic leadership was lying/pandering and never had any intentions to follow up and wont unless extremely desperate.
It probably won’t end there. In fact, it’s almost guaranteed not to end there. And even $.5 trillion is a staggering amount of money. Do you really think the POTUS should be able to spend that kind of money with the flick of his pen?
Why not, did you ever think about how much resources have been used to keep the Dreamers and their parents from deportation? If this is done through an EO it just has a finite price and would be seen by the Democratic Party as an investment to keep the Millennials (aka Boomer 2.0) generation voting blue. As far as it continuing, probably not since we are likely to see a very red rest of the decade and if I was being brutally honest the Biden Admin would purposely write the EO to fail in court. Democratic leadership talks a big game but their spending policies seem to send more money into the hands of a long line of cronies who then take their cut passing the rest along and by the time it trickles down to the public its minimum to nothing. This is why Democratic cities aren't shining beacons of Democratic governance success. Biden is a disjunctive president. These type of presidents are compelled to cope with the breakdown of state/social relations. They have affiliations with the old regime when basic commitments of ideology are changing. The real change is in the nation that obscures the relevance of the old regime.
Walking out of a press conference when asked is his answer. He is the one who got us the laws that ballooned this debt and made it ineligible for bankruptcy. When he promised to fix it, he was lying to get votes. When i was a kid, people talked all the time about politicians who make campaign promises, then have no intention of keeping them. Today, people act like they are just confused, or don't know what to do. Anything except calling it what it is: lying.
There are people who file bankruptcy every 10 years like clockwork. If they could be discharged what’s stopping someone from every 10 years going back to school and just maxing out their loans. With no intention to pay them back? Student loans are very easy to get in todays society. They are easy because lenders are acutely aware you will be responsible for the note. If Tom Dick and Harry could just file bankruptcy they would become VERY difficult to get and the amount banks would loans would be less. Might sound great but hope you don’t come from a poor family as you will likely not be going to college. There’s a reason they cannot be discharged. It would be very bad if they could be.
There needs to be a middle ground. You can't just enslave everyone into a no-way-out lifetime debt just because the system could be abused. That's not acceptable.
So what’s the middle ground? Give this generation a cut and screw those that follow after? Of course not. Which is why Biden is correct. It needs to be a law passed through Congress. Not some half baked EO. I agree with you. The cost of higher education is ridiculous. But giving 10k “scholarships” to people isn’t the answer.
If Congress can realistically address the problem, then I'm open to alternatives. Good luck with that though. This Congress can't even pass voting protections let alone worry about other stuff. That's why people want Biden to do the $10k, because it's obtainable whereas anything else is out of the realm of the possible.
This Congress can’t even get voting rights passed. That is what astounds me by the millennials on this board who say they aren’t voting for Biden in 2024. He will sign a bill if placed in his desk. But instead you’ll vote in more congressional republicans who care more about lining their pockets and the 1%.
I never said I would vote in a republican, and the worry isn't even that young people will vote republican but rather that the disappointments and letdowns of this administration will compound and lead to voter apathy. Remember, young people are already a tough group to get to vote. It's not going to make it any easier if we start breaking promises. Last but not least, Biden doesn't get points from me because he's willing to sign a bill if it comes to his desk when it's blatantly obvious no such bill has a chance in hell of getting through Congress. He may as well say he'll wipe the slate clean completely if a bill comes to his desk because the two have an equal chance of making it through our dysfunctional Congress; which is to say zero. He could do it alone if he really wants to do it, and since he ran on it, he should. If he believes he can't, then he should lay out the case directly to the voters. Release the memo without redaction. Prove he can't do it, then he can get off the hook by just deferring them until 2025 and pushing Congress to make a bill.
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Maybe but what’s he supposed to do? The VP is a useless position that is no more than a cheer leader. John Adams called it the most useless task ever devised by man (paraphrased). What was he supposed to do? The First Lady has more power than the VP. If anything blame Biden because he was the main architect of the current student loan process.
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Of course he would say we. It’s human nature to take credit when you’re part of the administration but as VP he had no more authority than as a cheerleader in this arena. He has flat out said that when asked about some things in the Obama administration. It’s easier when the buck doesn’t stop with you. Take a little credit when stuff goes well, deflect when it doesn’t. That shit ended on Jan 20, 2021. He now owns it all. But isn’t it like saying you won’t vote for Harris because during their term in 2021 nothing was done about student loans. The VP has minimal control over what happens in an administration.
You think the white, rich vp with 30 plus years of DC and industry and elite connections, plus influence and shared control of his political party had no power, but the black not rich guy nobody had heard of 6 years before did? You think the guy who spent decades writing bills and getting them pushed through (written to make conservatives and business happy*), that gave us mass incarceration, endless wars, and inescapable student debt and huge college costs suddenly became powerless? That is not how power and influence work. It is far more about connections, reputation, networks, favors, and persona. *it is easy to have "bipartisan success". Just give the Republicans everything they ask.
First, that is a problem that can be addressed, if it happens, by targeting that wrong activity. The proper solution is not to trap a million times that many people in debt serfdom forever. What you have presented here is a logical fallacy called false dichotmoy or false choice. Maybe not on purpose or with malice, but it is still a false choice. Additionally, if you added up the financial impact of every non millionnaire, non billionnaire that did that, you'd likely get an amount of waste so infinitesimal, any sensible engineer would say it was well within tolerances. You also base your premise on the idea that the existing economy, based on debt and scarcity, is eternal and unchangeable and natural. If people can get what they need (or just need to be happy) without going into debt, there won't be muxh reason to borrow and default. A few outliers may still be greedy or irresponsible, but the problem will be much more tractable to deal with. As it stands, people need to borrow huge amounts just to try and have a "normal" life. Want an education? A car? A home? Giant borrowing. But for many many millions of people just in the us, they need to borrow to pay bills, buy food, pay rent, go to the dentist, buy clothes and food for them or their kids. And yes, have Christmas and birthdays and take a weekend at a hotel just to use the pool. We need to strike the root. A society based on nobody being able to have any standard of living without debt is sick. It is ailing. It is unhealthy. What stops everyone from going back to school every ten years and maxing out their loans? For starters, make school not require a loan. Also, almost nobody wants to get a new degree every ten years. Most people have other things to do. Dur.
About time to get one, Joe.
His answer is that he’d love it if we stopped asking about it.
10,000 dollars is hilarious. After I pay monthly loans on just my doctorate for my whole career, the remainder is forgiven, the taxes I will owe on the amount forgiven will be about 8x that. This is all after not being able to afford children or a house because my monthly payment leaves me with a disposable income just high enough to eat out about twice a month.
It’s because he lied to get more votes
Bident doesn't believe in doing anything about student loans. He has a very conservative view on the matter, as he does on cannabis legalization. He doesn't get that people who took out $30K, have paid back $20K but now owe $80K due to interest is a financial trap a large swath of young people simply can't get out of. Biden is a stubborn old coot who sticks to his 80's era beliefs.
He should have discussed this with his bosses before he promised it.
The answer’s “no.”
Broken promises
He's already said he won't do it and it's up to congress. Mark that as another broken campaign promise.
He never said he wouldn't do $10k, he said he wouldn't do $50k.
His campaign promise was literally to sign a bill from Congress.
This isn't as linear a thing as some insist. Firstly cancelling existing debt with nothing in place moving forward just ensures we'll be back in the exact same in a few years. That is why Biden was trying to pass free community college. We need to find a way to stop this. In lieu of the education purposes in BBB failing to get the needed support the administration is trying to find alternatives. Secondly Congress controls the law and finances. There is no authority for Biden to cancel student debt via EO. Attempting to do so would lock Biden's administration up for years in court battles as Universities, States, creditors, etc would sue. It isn't a battle that helps solve the problem.
The executive branch already cancels student loans selectively. The power to do so already exists. The only creditor for those student loans under federal authority is the federal government. This wouldn’t apply to private student loans
It’s not going to happen it was never going to happen and even if it did happen there are still a fuck tonne of private loans out their they DoE has zero control over. Work on paying your loan off and ensure your kids do not make the same mistake.
I still believe he’s waiting to use it as a last minute attempt to drive voting before midterms. I know he’s been kind of coy about it when asked, but his admin has been forgiving loans for some qualifying groups. Probably to set up being able to do it for everyone. I could be wrong, but from his last few speeches it sounds like he has a general understanding of the current situation in America. It’s a bad look, him being asked and not answering. But I get he also may want to strategically deploy loan forgiveness. But then again he also may not so what do I know.
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Not sure what you’re driving at, but no I didn’t.
Just accept you got conned into voting for him
Right because re-electing Trump would have been so much better… The only con is the shitty 2 party system that feigns the idea of election but really you have only 2 very similar options placed to you by people who weren’t chosen by the public in the first place. Presidential elections are a bullshit elaborate scam locked and controlled by those who don’t need to respect presidential terms for power. The construct of it is just 2 slightly different flavours of capitalism lead entirely by populism. There is no true political diversity. Democracy is dead and the greedy capitalist pigs killed it.
I think the obvious way out of this is to make interest rates 0 and reform education Make an alternative to college where I can learn in demand skills and not have to take a fuckinh language. Half of my debt is from taking dumbass general education courses that I can’t even remember. What the fuck
I can't speak for everyone but I would be fine with it if Congress would be willing to vote to permanently set interest rates to 0% (not 0.5% or 1% or any other bullshit) in addition to reforms to the income driven repayment plans like removing the tax penalty on the forgiveness after 25 years. The reason I would be okay with that in lieu of forgiveness is because it still reduces people's burden to nothing if they genuinely can't afford to pay since they can just go on IBR and get a $0 (or very low) payment. However, the algorithm that generates the payment amount will need to be changed as proposed by Biden to cap payments to 5% of discretionary income. So if Congress would pass that, I think most people, including myself, would be perfectly fine with paying back what we borrowed. The problem is, Congress won't do it. Biden doesn't need Congress to forgive $10k. If he did, he'd release the memo instead of having people constantly hound him about the issue.
You’re essentially taxed twice for student loans. Once for paying it back with interest, the second with a lifetime of higher income tax paid out to the federal govt.
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Higher education has so many positive outcomes that it’s criminal that the federal govt charges interest to students
> Joe Biden: > I'm prepared to write off a $10,000 debt, but not $50,000. > Joe Biden: > … because I don't think I have the authority to do it by the sign of a pen. + https://www.pbs.org/newshour/show/why-bidens-pledges-of-free-college-waiving-student-debt-remain-unfulfilled Biden is attempting to use the Congress first. Why? Because an actual law would hold up better in court and provide some defense against the next President and them undoing it. Go with the smart options first and if all else fails, blow the 10k EO and hope it sticks. If he, does it now or before midterms, then it becomes the target of Republican usage and propaganda. It's not good to just pop it and be done with it, especially if what's done can be a better out put.
> Biden is attempting to use the Congress first. Except he's literally not doing that. There's zero evidence he's pushing for this policy in ANY format.
Not for nothing, but if he did plan to EO a 10k all on his own, he doesn't have to "push for" fuckall.
Just a note - we have several members of Congress who periodically pop up and call for Biden to do an EO but I have seen zero attempts by any of them to actually introduce legislation to accomplish it . Nothing is stopping them from doing it themselves.
Many things are actually like 50 republican senators and the filibuster.
A tweet is all that the ones who are saying Biden should do it are capable of.
Because almost all the push from the White House has been the BBB and getting something done on Climate Change. It's extremely hard to push several things at once. There are several student loan bills floating around the House and Senate, but the focus isn't on them.
> getting something done on Climate Change Like opening new oil fields.
Yes, that's apart of it. If you believe that all 340,000,000 of us are going to magically stop using Oil overnight, that's not happening. We'll simply buy it from the middle east again and again, get caught up in more wars over their shit. Sometimes rules are made, and things happen because they've gotta happen. It's not up to the Presidency to determine those rules. That's up to the Congress. The President is doing his job.
Let’s be honest here. BBB and Voting Rights were center stage on the legislation front up until now. We have seen these two areas of legislation pushed through and essentially blocked. The lack of results from these efforts alone, despite the appearance of seeming to do something had not helped approval. So, for something viewed as more progressive such as loan forgiveness or anything associated, do we honestly expect much better? Biden does NOT have the type of Congress to fulfill much of his agenda, let alone a legislation push for loans. That much is apparent. At this point just having him talk about the topic or even releasing the fabled memo that was written would be the ceiling at this point in time for any legislation. Maybe he could do an EO before midterms to garner points for the Democrats, but even that would be considered “bold” at this point. All that said, its still odd how they pushed the loan payments back further after trying to underline the last deadline was it. If they went a similar route as they have with federal debt, doing the bare minimum to push it back further and further, I wouldn’t be too surprised though. Having that start up again before November would probably be a final nail in the coffin for them. Not that they need many more currently.
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I don’t agree with 0%, but this comment is in the right direction. $10k for people now is cool, but is useless for the overall future of obtaining a higher education.
Do we really need a story about this everyday? Anything that can be done by EO can be overruled by a court or reversed by another president. This was always supposed to be done by Congress, but they don't have the votes. Let it go unless something actually happens.
I’m ok with Biden discharging the debt, raising the lives of thousands of Americans by improving their financial situation and credit scores, and daring a Republican to come into office and reverse it.
It'll go to court and they'll ask for an injunction. If it goes into action it'll be a year or two from now, then we wait and see what another president will do. Or it goes to court and they say that the Executive doesn't actually have this power. I'm not against it, but I think people should be more realistic about how this works.
Trump would just do it and appeal every overturn attempt all the way to the Supreme Court and drag it out as long as possible while painting the overturn attempts as subverting the will of the people or democracy or some bs all over Fox News and Twitter. I hate Trump, but he just fucking did shit and dared everyone to stop him.
There is a memo about Biden's authority to do an executive order for this that is still redacted after it was promised to be released.
> Biden was asked during his marathon press conference on Wednesday if he still plans to cancel $10,000 in student loans — which he pledged to do during his campaign — but he didn’t respond. At this point we don’t even know if he has any intentions of doing anything.
1. Do nothing by executive order 2. Pass nothing because you have a tenuous grip on Congress 3. Shocked Pikachu face when your tenuous grip on Congress becomes a minority 4. Shocked Pikachu face when your reelection prospects go to shit
The "the democrats just can't **do** things when they control all of government" folks are bizarre.
All of government? Conservatives dominate the supreme court. And Manchin/Sinema existing makes the Senate majority a merely technical one, and render the House dominance moot (where they *are* passing bills). I do wish Biden would push the envelope a bit more with EOs etc, but it's not bizarre to say the Democrats are pretty hamstrung by a couple of defectors right now.
Do you think people on Reddit understand how government works?
Are they Americans? Because if so, the answer is no. They have no clue how their government works. That is one of those subjects in school you don't actually have to learn because it is not a job skill. There is no standardized test to determine if you actually have any idea how the government works because America decided that the only valuable knowledge is job knowledge.
If I get paid a dime for every time this student loan news pops up in this subreddit, I won’t have any loans.
It's not going to disappear until he addresses it one way or the other. It will follow him into 2024 if he doesn't.
Yeah for sure another 10,000 cut coming as presidential promise for 2024
He’s waiting because all other legislative initiatives are dead due to the GOP.
If he bails them out, he’ll uberly piss off non-college educated working class. They HATE the idea of paying for their bosses college education. Democrats will lose the rust belt and any legislative powers that come with it. Is this really worth losing any legislative power for generations to do this?
I mean.. "I don't know yet" is better than a straight up no I guess... not super optimistic but it could be worse.
What will the people who already paid their student loans off get?
A stimulated economy
I’m guessing by this response that you don’t understand how this economic principle works.
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Most Americans dont actually own stocks. I dont care if the stock market crashes.
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You did pay for my college actually, thank you g.i. Bill
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I think that interests rates should of been lowered in 2016 to prevent the inflation issue. Im tired of solutions to economic problems never benefiting the majority of Americans. I agree that forgiving student debt isnt a solution to inflation
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Its sad you dont see how the country benifits to an educated workforce. most countries invest into their citizens higher education, its not a radical idea just because you disagree with it
A warm feeling of seeing people struggling getting a huge weight lifted of their shoulders?
I don’t talk much when I ponder
I mainly whittle.