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I'm not even expecting him to do the 10k forgiveness. This is something he gives absolutely no fucks about.
Its tradition for democrats to shoot themselves in the foot so this is nothing new.
There has got to be far more variables for something like this, it's ridiculous to just give forgive up to 50k debt across the board. Can't make it so vague... fuck the taxes that we'd be seeing for something like that
Are people suddenly remembering that the Democratic Party nominees dropped out to Voltron around fourth-place Biden once they learned it was the only way to stop more progressive candidates like Warren and Sanders and their ideas of debt forgiveness from leading to success in the primaries? Shit like this means you should never forget it.
My faith in voting beyond the local level has been broken to be honest.
He got in, he doesn't need to do anything heavily requested by his constituents.
This is what depresses me more than anything. I don't think they're going to do enough to ensure fair elections, and voters in 2022 are going to remember "well, they promised $2,000 checks and didn't deliver," so I think they're going to lose in 2022 and that will pretty much be it for democracy in America. And even though that all hasn't happened yet, it just feels so inevitable.
The most charitable description of the Dems is that they're the "dumb" in the "evil will always triumph because good is dumb" line.
Joe Biden really doesn't care all that much about the average American. He's your typical corporate Democrat. Better than a Republican, better than Donald Trump, but still a big contributor to America's lack of progress. He's going to be an incredibly disappointing president for anyone who supports progressive policies that enhance the lives of working and middle class citizens.
The fuck? First, what's an elite school? Second, people can go to elite schools without being rich, because third, if they were rich the cancellation wouldn't affect them anyways?
I'm confused
EDIT: Ah, saw the rest of the thread. He doesn't think he can do it by executive action... why not?
I'm confused
EDIT: Ah, saw the rest of the thread. He doesn't think he can do it by executive action... why not?
Biden has been pretty insistent on the fact he does not agree he has the executive authority to do 50,000.
I can understand his argument to some degree. Something like 50,000 forgiveness should be tied to a comprehensive Education bill that implements his free college stuff etc. Erasing the debt and just leaving the current system in place just rebuilds the pile.
The 50k Debt forgiveness would erase something like 95% of my College Debt so I am all for it and want it to happen but I can see his side of the legislative arguement
I can understand his argument to some degree. Something like 50,000 forgiveness should be tied to a comprehensive Education bill that implements his free college stuff etc. Erasing the debt and just leaving the current system in place just rebuilds the pile.
The 50k Debt forgiveness would erase something like 95% of my College Debt so I am all for it and want it to happen but I can see his side of the legislative arguement
10k does almost nothing. I'm glad for the people it would help, but I, and many others, would still be fucked.
Why does Era rush to have bad takes when it comes to Biden? It's like some posters want to shit on him as quickly as possible.
He simply doesn't want it done via EO. Something so drastic should be done via legislation coupled with robust higher ed reform.
He simply doesn't want it done via EO. Something so drastic should be done via legislation coupled with robust higher ed reform.
I 100% disagree with his stance on using an EO for student debt canceling, but some of the posts in this thread clearly didn't watch or listen to the short video clip.
Give people 50k forgiveness and their 2k checks JB.
Give people 50k forgiveness and their 2k checks JB.
OP
OP
Stop the gaslighting. He said it.
Schumer on February 4: The easiest way to do it is for President Biden with a flick of a pen to get it done."
Biden when asked what he'll do to eliminate $50k in student loan debt: "I will not make that happen."
Can't imagine how people would be surprised about this.
No reason why these should be mutually exclusive.
No reason why these should be mutually exclusive.
10k would be nearly a third erased overnight for the vast majority of borrowers. That's a massive chunk wiped out alone.
"nothing" and I say that as someone with such figure student loan debt.
Biden knows this too.
I doubt student loans in Sweden are as crippling, and there are other social safety nets to blunt the lack of cancellation as well.
That's what I thought, too?
*edit: Yeah, April 9, 2020.
Joe Biden Outlines New Steps to Ease Economic Burden on Working People
Two important steps we can take to help ease the economic burden on working people — and that I will take when I am President.
medium.com
Forgiving student debt for low-income and middle class individuals who have attended public colleges and universities
I've also directed my team to develop a plan to forgive federal student debt relating to the cost of tuition currently held by low-income and middle-class people for undergraduate public colleges and universities, as well as private Historically Black Colleges and Universities (HBCUs) and private, underfunded Minority-Serving Institution (MSIs).
The concept I'm announcing today will align my student debt relief proposal with my forward-looking college tuition proposal. Under this plan, I propose to forgive all undergraduate tuition-related federal student debt from two- and four-year public colleges and universities for debt-holders earning up to $125,000, with appropriate phase-outs to avoid a cliff. The federal government would pay the monthly payment in lieu of the borrower until the forgivable portion of the loan was paid off. This benefit would also apply to individuals holding federal student loans for tuition from private HBCUs and MSIs.
This proposal would be in addition to my existing student debt proposals:
- Immediately cancel a minimum of $10,000 of student debt per person, as proposed by Senator Warren in the midst of the coronavirus crisis.
- Those earning less than $25,000 per year will not have to make monthly payments and will accrue no interest
- Those earning more than $25,000 per year will pay no more than 5% of discretionary income toward payments
- After 20 years, the remainder of federal student loans will be forgiven without any tax burden
- Those who participate in public service will be eligible for additional federal loan forgiveness, including $10,000 per year of forgiveness for up to five years.
Nothing he said seems to contradict his earlier position?
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