160 million? Th… That’s it? I mean, that’s cool, it’s not nothing, but the top Google search stat shows that US citizens owe a collective 1.77 trillion in student debt.
He cancelled (1.6x10^8 / 1.77x10^12) 0.00009% of student debt. That’s like… A homeopathic cancellation.
It should also be remembered that he’s tried to cancel more than that, but the assholes on SCOTUS have ruled multiple times that he doesn’t have the authority.
Of course, that was also before they ruled the President is immune from any “official” acts, so who know what Biden might do before November.
Sure thing, that was my typing mistake earlier, thanks for bringing it up.
1 percent is a rounding error, but wiping away 10%, 160 billion, despite the conservatives stopping him from erasing 400 billion recently is pretty impressive.
Oh, geez, that one is huge. Great point.
160 billion in student debt cancelled.
160 million? Th… That’s it? I mean, that’s cool, it’s not nothing, but the top Google search stat shows that US citizens owe a collective 1.77 trillion in student debt.
He cancelled (1.6x10^8 / 1.77x10^12) 0.00009% of student debt. That’s like… A homeopathic cancellation.
160 billion, not million, coming up on 10% student debt cancellation so far.
Thanks for the clarification, that makes a rather meaningful difference.
It should also be remembered that he’s tried to cancel more than that, but the assholes on SCOTUS have ruled multiple times that he doesn’t have the authority.
Of course, that was also before they ruled the President is immune from any “official” acts, so who know what Biden might do before November.
Sure thing, that was my typing mistake earlier, thanks for bringing it up.
1 percent is a rounding error, but wiping away 10%, 160 billion, despite the conservatives stopping him from erasing 400 billion recently is pretty impressive.
Why wasn’t he able to cancel all of it again? There was some group blocking him…