Official Student Debt Cancellation Watch Thread

NZA

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Bro you stay hating on the Dem, what they feeding you Black Nebraska folks. Might be why they still got you folks living in segregation out in Omaha. And for the record I’m independent.

I donated to them and voted for them, I can criticize them :yeshrug: I dont want to see weakness out of them, otherwise I know whats coming for 2022



and I dont like in Nebraska :heh:

My bad brah I don’t know anybody who not from Nebraska that’s not a cornhusker fan. So I assumed.:mjlol:

Im not a cornhusker fan :heh: what led you to believe that :ohhh:

:laff: this whole exchange is wonderful
 

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@FAH1223 no way they orchestrate today without Biden in the loop, right? Today gives me up something will be done. Probably not 50k but I wouldn't be surprised if they settled somewhere around 20-25k.
I mean it was announced yesterday so he obviously knew. If anything they’re trying to not give him that out about it potentially being illegal. Even if it is dubious, which I’m not sure it is, you do the same thing that you did with Obamacare - you put the courts in the position of taking a benefit away from Americans. Who actually files that suit and pushes for it? Which Republican is going to be happy for people to see loans show up in their mail again? I feel like it’s an easy win and Schumer knows it. You do this and you basically lock in a generation that is already to the left, forever.
 
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the cac mamba

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unless BaeOC wants to change her tune to "everyone in america gets 50k in loans forgiven OR a 50k tax credit if they dont have loans", this shyt isnt gonna happen :yeshrug:

it has to apply to society in a much broader way. most people arent tryna hear that people who chose to go to college are getting the equivalent of a 50k check written

or go for a more realistic, palatable form. cutting everyones balance in half, and killing all current and future interest, is a much easier sell. people are still paying for their choice to go to school, as they should, but its a SOLID level of relief

and it kills me with this all or nothing approach that no one is talking about interest. just get that shyt outta there permanently :camby: we shouldnt be piling on fukkin interest to loans
 

FAH1223

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unless BaeOC wants to change her tune to "everyone in america gets 50k in loans forgiven OR a 50k tax credit if they dont have loans", this shyt isnt gonna happen :yeshrug:

it has to apply to society in a much broader way. most people arent tryna hear that people who chose to go to college are getting the equivalent of a 50k check written

or go for a more realistic, palatable form. cutting everyones balance in half, and killing all current and future interest, is a much easier sell. people are still paying for their choice to go to school, as they should, but its a SOLID level of relief

and it kills me with this all or nothing approach that no one is talking about interest. just get that shyt outta there permanently :camby: we shouldnt be piling on fukkin interest to loans
He could use his authority to freeze interest permanently.

And it's laughable for Biden to argue that loan forgiveness takes money away from other education programs. The money is already spent. It may add to the national debt, but current loan programs run the US Govt a profit, mostly because of 6% interest rates for borrowers.

Congress is the only game here. Biden citing public service loan forgiveness is hilarious. It already is what we have
 
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