Official Student Debt Cancellation Watch Thread
- Thread starter Serious
- Start date
Spidey Man
Superstar
Sucks but they've been mentioning that time frame since Feb. Not a big concession if it keeps from crashing the economy especially since it doesn't seem to have retroactive interest payments.
are red states really hating on student debt cancellation like that? i really don't get it. you would think it's something that only blue state residents would benefit from or something.
Remy LeBreh
Linconia
I don't see how student loan debt cancellation would only affect red states or blue states...college is unaffordable everywhere. Repubs are just the contrarian party right now.
PoorAndDangerous
Superstar
Conservatives really hate it, they hate it because either they already paid off their own loans or they never went to college at all and have no student loans. They have no empathy and don’t give a flying fukk
Trust Me
Coli Prophet
Biden will veto it.
Most idiots in red states can’t even spell college, little less ever attended.
Wargames
One Of The Last Real Ones To Do It
They just want everyone to suffer because the majority of their lives are shyt and they don’t want to admit they did it to themselves. They are literally trying to bring everyone down to their level.
I really don't understand the progressive critique of the debt ceiling negotiations outside of student debt
T’Challa’s Heir
Superstar
It’s a bunch of people who don’t understand how government actually works getting mad that the President is not a king.
@Pressure
This comment was a
On my part (I was/am legit upset) This situation should absolutely be used an example going forward. There is a very stark difference between a campaign promise and a “ok it’s done” promise. Considering this whole debate on this sub-forum with executive actions (one side saying “it’s just that easy” while the other side is it)…. I’m sure there are a lot of other Biden supporters which may not be so (for a lack of a better word) “understanding”.
I guess for me the problem is the votes were never there in the senate and executive action was always going to be challenged in courts.@Pressure
This comment was a
Joe did what he could, but this is America.
I hope the Force the vote crowd learned something important here:
1. The people voting against popular legislation aren't scared to show their hand.
2. These votes are more deflating than a rallying point.
AquaCityBoy
Veteran
It's definitely a shame for Biden to agree to restrict the president's ability to pause student loans again before the Supreme Court decides on the lawsuit.
This will definitely cause some backlash unless the Supreme Court upholds the forgiveness and/or there's a loophole for another moratorium.
This will definitely cause some backlash unless the Supreme Court upholds the forgiveness and/or there's a loophole for another moratorium.
Yeah, this. They really put the cart before the horse.
The Supreme Court will most likely strike down Biden's student loan forgiveness plan. With the debt ceiling bill codifying the pause restart by early September, that means people will be fukked. Biden can't do another pause extension.
I'll be one of those people who gets screwed. SMH
The economy will be hurt by all of this
They prevent you from filing for bankruptcy while also for decades saying you should go to school. Giving ill informed adults high interest loans while also not stepping in when schools jack up tuition. Then when a POTUS tries to correct the problem a little bit they fight him at every turn. I hope sofi goes bankrupt when the defaults hit and all these idiots get voted out. There doesn't need to be just forgiveness but the entire system needs reform.