Assuming correctness: 136000000000/1750000000000*100 = ~7.77%. While this is not nothing, boy it just doesn’t sound like the student loan forgiveness he promised does it?
Biden has been against it far longer than he’s been for it. I’m voting for him, but let’s not pretend he’s a good guy here. He had his opportunities to do something and he refused, despite his fellow Democrats begging him to act. He refused to extend the time for the payback; him and no one else.
He has never stated that he’s changed his position - he’s just thrown out soundbites like he’s done so far. No actual action has taken place other than what was already happening without him. He’s sped up some already existing processes. Whoopee.
He literally forgave $146k from my wife’s student loans, after predatory student loan advisors had her refinance her loans years ago, claiming she would qualify for 20 year forgiveness, but in reality didn’t qualify. She just realized about 4-5years ago and got back on the right track, but it was going to be 20 years from then.
You hand wave the effect that his express actions have had on real, hard working and struggling citizens. I’m here to tell you that they have had a major affect on our lives, and have honored the spirit of the deal that she entered, and had been cheated out of. And there are many, many others.
And this is speaking as someone who was fortunate enough to have my parents pay for my education in full. I have never been burdened by student debt, and I view it is an absolutely wonderful and vital action to ensure that the US retains its status as one of the most highly educated work forces in the world.
I’m glad it worked out for you and your wife. There’s a lot of people who don’t have jobs deemed “righteous” enough to be worthy of “forgiveness” for the predatory costs of college, lending practices of the institutions, and restrictive legislation of the politicians that have created an indentured servitude for most of your fellow Americans.
She wasn’t in a “righteous” job, she was self employed and qualified for some reduced income based program. I can’t remember all of the details, but for many years she was paying around $1400/mo, and then went into some program to help reduce the payments after losing her condo in the recession.
The point I’m trying to make is that we need to support his efforts to absolve more people’s loans. He’s trying to do a lot more than he has already done, but he’s fighting the GOP and even some from his own party. The wins he has gotten have helped people like my wife and I substantially, and if he continues to get the publics support, that gives him leverage to keep chipping away and widening the scope to hopefully include people like you and your loved ones as well.
Or those like me, who actively left one of the schools deemed predatory because I saw the writing on the wall.
Because I left before the place shut down (about a year before it did, woulda still been in school) I get nothing forgiven, I already applied and got denied.
I’m happy for those who got their loans forgiven, but I am incrddibly irate at how very specific it’s been and how directly that’s fucked me despite also being lied to and fucked around (for example I had to sign my onboarding documentation FIVE TIMES because of vague “oh you did this wrong do it again” and I’m 80% sure some numbers changed between the first and last one
He has been working on student loan forgiveness well before the Gaza conflict
Not to mention plan b is still in the works
https://www.politico.com/news/2023/06/30/biden-revive-student-debt-relief-00104482
Aaaaaaaaaand where’s he gotten with it?
About 136 billion forgiven so far
Assuming correctness: 136000000000/1750000000000*100 = ~7.77%. While this is not nothing, boy it just doesn’t sound like the student loan forgiveness he promised does it?
Biden has been against it far longer than he’s been for it. I’m voting for him, but let’s not pretend he’s a good guy here. He had his opportunities to do something and he refused, despite his fellow Democrats begging him to act. He refused to extend the time for the payback; him and no one else.
He has never stated that he’s changed his position - he’s just thrown out soundbites like he’s done so far. No actual action has taken place other than what was already happening without him. He’s sped up some already existing processes. Whoopee.
He literally forgave $146k from my wife’s student loans, after predatory student loan advisors had her refinance her loans years ago, claiming she would qualify for 20 year forgiveness, but in reality didn’t qualify. She just realized about 4-5years ago and got back on the right track, but it was going to be 20 years from then.
You hand wave the effect that his express actions have had on real, hard working and struggling citizens. I’m here to tell you that they have had a major affect on our lives, and have honored the spirit of the deal that she entered, and had been cheated out of. And there are many, many others.
And this is speaking as someone who was fortunate enough to have my parents pay for my education in full. I have never been burdened by student debt, and I view it is an absolutely wonderful and vital action to ensure that the US retains its status as one of the most highly educated work forces in the world.
I’m glad it worked out for you and your wife. There’s a lot of people who don’t have jobs deemed “righteous” enough to be worthy of “forgiveness” for the predatory costs of college, lending practices of the institutions, and restrictive legislation of the politicians that have created an indentured servitude for most of your fellow Americans.
She wasn’t in a “righteous” job, she was self employed and qualified for some reduced income based program. I can’t remember all of the details, but for many years she was paying around $1400/mo, and then went into some program to help reduce the payments after losing her condo in the recession.
The point I’m trying to make is that we need to support his efforts to absolve more people’s loans. He’s trying to do a lot more than he has already done, but he’s fighting the GOP and even some from his own party. The wins he has gotten have helped people like my wife and I substantially, and if he continues to get the publics support, that gives him leverage to keep chipping away and widening the scope to hopefully include people like you and your loved ones as well.
Or those like me, who actively left one of the schools deemed predatory because I saw the writing on the wall.
Because I left before the place shut down (about a year before it did, woulda still been in school) I get nothing forgiven, I already applied and got denied.
I’m happy for those who got their loans forgiven, but I am incrddibly irate at how very specific it’s been and how directly that’s fucked me despite also being lied to and fucked around (for example I had to sign my onboarding documentation FIVE TIMES because of vague “oh you did this wrong do it again” and I’m 80% sure some numbers changed between the first and last one