Biden about to come through on his word...forgiving 10K in student loans
- Thread starter MalaKai
- Start date
Inflation be damned, uncle Joe need them votes! 
But seriously, this is an incredibly short sided idea that does very little to correct the issue of rising tuition costs.
But seriously, this is an incredibly short sided idea that does very little to correct the issue of rising tuition costs.
man mother fukk that cornstarch crusader
That's my Caucasian-American!
Womb Raider
movin' thru the city streets
Piff Perkins
Veteran
He said he'd do 10k and seemingly is about to do it so daps to Biden although this doesn't benefit me (my shyt is paid off). I do wonder about the implications of this going forward. The legal game going on has been interesting to watch. On one hand some argued the president doesn't have the authority to eliminate large portions of the debt, on the other hand Trump delayed payments and now Biden has essentially been delaying them nonstop. He's paused/delayed it multiple times...theoretically he could pause it for his entire first term right? Likewise if you can eliminate 10k in debt with the waiving of a pen, you can eliminate 50k. Or 100k. Or all. I'm not advocating that, just thinking about where this could go in the future. Will this become a staple of political party platforms? Will future democrat candidates be promising to eliminate 10k or more if they win the White House? Will it be a yearly thing, or a one-time thing during each term?
Basically where do you stop, and how do voters react.
Basically where do you stop, and how do voters react.
Saysumthinfunnymike
VOTE!!!
He said during the campaign that over 10 would require Congress but 10 and under can be done through E.O.
i haven't read up on what the actual law is
Bugzbunny129
All Star
I aint ever paid one student loan. They already dropped like 40k of mine outta pure frustration.
Brolic
High Value Poster
No one is forgiving 40k in student loans outta frustration.
Did you go to a scam for profit school like ITT tech? Federal loans to some of those for profit colleges are the only loans that have been forgiven so far.
Womb Raider
movin' thru the city streets
That’s some Bandman Kevo type shyt
Wait did that shyt say 50k
hold up, this is saying if you received a pell grant they could be chopping off 50K
my shyt would be nuked in a instant
I'd vote dem for the rest of my life dead ass
humminbird
Veteran
it was but right now we got 20k pretty much confirmedhold up, this is saying if you received a pell grant they chopping off 50K
my shyt would be nuked in a instant
I'd vote dem for the rest of my life dead ass
