- cross-posted to:
- politics
- cross-posted to:
- politics
The Biden administration said Friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.
Under President Joe Biden, the Department of Education has made it easier for some specific groups of borrowers, like public sector workers, to qualify for loan forgiveness. It also launched a new repayment plan that creates a shorter pathway to loan forgiveness for many low-income borrowers – and is at issue in at least two legal challenges from Republican-led states.
In total, the Biden administration has authorized the cancellation of $153 billion in student loan debt for nearly 4.3 million people. That’s more than 9% of all outstanding federal student loan debt.
Fair enough on the poorly phrased part, but Biden followed up with a $400 billion debt relief program in 2022. The Trump appointed Supreme Court blocked it. 2022 was not a presidential election year.
Yes…
He waited till right before midterms, said he would accomplish something, but didn’t.
Now it’s two years later, right before an election, and Biden is saying hell accomplish something again…
He waited till it was close to an election again, and the SC is the same.
So why are we giving him credit already for something unlikely to actually happen? And why did he wait till right before an election to try anything else?
This is my whole point…
By that logic, initiatives are always affected by an election year. An election of some variety is always around the corner.
The SCOTUS ruling didn’t happen until June, 2023. The president does not set the Supreme Court’s agenda.
He did things in the same year that my cheese club held elections for a new president. It’s all political!
What? Just because Biden waits for an election doesn’t mean he has to…
That’s my point he shouldn’t be waiting.
And Biden waited for the decision before ever thinking about this again, so when it was struck down he didn’t have anything on deck. Or more likely he had this and was just waiting till right before an election so he could get credit for something that wasn’t going to do anything.
He didn’t even have a plan when he was elected, his first day in office he started talking about “looking into” if he should try and fufil campaign promises.
He’s not proactive, he’s reactive. And that’s not enough to repair the damage republicans cause, let alone actually improve shit.