“This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions,” Biden said in a statement.
Great, now do the rest.
He already would have, if congress and SCOTUS weren’t fighting him every step of the way.
Aside from Sinema, Manchin, and the Republicans, who else is against it?
In area I live, lots of farmers were definitely against it. Which is SOOOOOOOOOOO ironic. At least I think that’s irony. Someone fact check me please.
It’s not irony unless those farmers hold a lot of student loan debt. It’s hypocrisy, because they’re the most consistent recipients of welfare
Would definitely fit in a modern take on “Ironic” by Alanis Morisette tho.
Got the first verse ready to go!
Rural types have long resented university being a source of kids who stop coming home for Christmas,
To them it’s less about the irony of taking funding while denying others and more about paranoia that affordable higher education will see rural American “culture” (read, child marriage, rape culture, and grievance culture over being judged when they say the N-Word) be wiped out in an instant as everyone takes the free ride and never comes back.
Then they might have to do something like be accommodating to the immigrant communities that actually want those rural jobs!
If it’s not ironic, it’s some good old fashioned hypocrisy
Well at least I could still write a song about irony.
Isn’t that enough?
Exactly this. I still have the letter I received that my debt would be forgiven, as well as the letter after the GOP challenges that said oops, not really.
Oof. Sorry to hear that.
That’s when you send them a handwritten, crayon-on-construction-paper letter that just says, “OOPS! NO TAKE BACKSIES!”
He could be giving daily speechs about it and jam up the airwaves. A never ending assault and shame tactic until they would have to give in.
Lol this is a joke right?
I don’t think they would have to. It’s getting harder and harder to shame Republicans. The Republican Party has also got decades of anti intellectualism on their side, plus the more recent attacks on higher education. They’ve spent years laying the groundwork for a fight just like this one.
A lot of people think that students deserve to be held responsible for legal loans they voluntarily accepted as adults. They don’t think it’s fair for college students to get a bailout when they themselves are struggling to pay their mortgage. I think student loan forgiveness is a sound investment in our country’s future, but unfortunately, it’s not my decision.
Remember, much of the Republican base is selfish, and has significant disdain for younger generations. This fight appeals to their ideas about personal responsibility (for others), justice (unless they’re asking us bend the rules in their own favor), cutting government spending (unless it’s on themselves), and the cruel satisfaction of hurting smartass liberal college brats.
until they would have to give in
They wouldn’t.
They would never give in. That’s the problem.
Stop complaining about how old he is and look at his actions.
Or maybe vote for Trump so we can have Walmart Hitler. SMH.
Or maybe vote for Trump so we can have Walmart Hitler. SMH.
“But sleepy Joe didn’t make my life better, so I’m going to make everyone else’s life (and mine) worse!”
I’m still gonna complain about how old he is. But I’m also not voting for Trump
His age is irrelevant. He’s been doing a great job. He’s always talked slowly be cause his speach impediment, BTW.
If you want trump to lose, just keep your mouth shut, or better yet get in the bandwagon and be excited about Biden. It doesn’t have to be real. You can fake it.
Holding your nose while you vote is a recipe for a trump win though.
be excited about Biden
And voting for Biden, right?
Great, I also complain about not having a better representative for the Democrats.
But I’m still going to vote for Biden
Those are in fact the only two options that can exist so analysis should only consider those two people
A college educated person can earn more than a million dollars more over their career than a high school educated person. Biden is bailing out the rich and the Dems love it.
I don’t like engaging in negativity on lemmy, but you’re an idiot. People with student loan debt aren’t rich.
Statistics tell a different story. You refuse math, and think I’m an idiot. Enjoy your bullshit degree.
A source would be appreciated
You don’t seem to be aware of what ‘statistics’ are as you unsurprisingly haven’t provided any in traditional ignorant-loudmouth fashion.
removed by mod
Rich is an interesting way to put it. Bailing out the rich are tax cuts aimed overwhelmingly at the rich, not taxing capital gains and other ways the rich try to hide their true income and not auditing the rich because it is too much effort.
…and should also include forgiving debt of those that have potential to be higher earners. Student loans were readily accepted and it was fully understood that you would have to pay the money back. Just do that.
How does lifetime earnings factor into someone who is still paying on their loans and far from the end of their life? What an idiotic correlation. 53% of US adults have a degree, yet the median income is $31k per year which is far from rich. I see you took those old ITT Tech commercials to heart.
You have the time to discuss news online at ~7:30am Eastern and the necessary computing tech (phone, laptop) to do so. It certainly sounds like you’re better off than a lot of people – are you also part of the rich? After all, you aren’t doing manual labor nonstop from early in the morning for minimum wage.
I sure have. Started working 16 hours days in the summer months on the local farms custom baling hay and straw when I was 13. I have had many jobs since then, always bettering myself. I’m not rich, but I’m doing ok. I pay my taxes. I’m the callused hands of the working class that actually pays their bills and lives within their means. You?
Are you saying that because a person could earn more than a million dollars more over their career than a high school educated person that they’re rich? Or are you saying that a person who is college educated is already rich to start with?
Either way is confusing, so I’m hoping you’ll clarify. Seems a lot like you’re implying that a possibility is the same as having a million dollars in your bank account? Like just because I have lotto ticket I’m a millionaire even though the numbers haven’t been drawn yet.
"The cancellations have come through existing federal student loan forgiveness programs, which are limited to specific categories of borrowers, such as public-sector workers, people defrauded by for-profit colleges and borrowers who have paid for at least 20 years. " -CNN
These are not rich people.
These forgiveness programs weren’t even created by Biden.
You’re intentionally spreading false information.
I am not spreading false information, you just don’t like the truth. These people are the next burden on the working class that actually pay their bills. Pathetic.
So you think people who were defrauded or are working public service jobs like teachers are rich people and not working class?
I think they make enough to pay their bills, sure. Teachers even have the summers off for side work. And to be honest, if they don’t understand how loans work should they be teaching our kids?
Also, who exactly was defrauded?
Students who attended colleges or universities that lost their accreditation and were shut down, making those degrees they handed out worthless and literally illegitimate. Those people, who had loans for degrees they couldn’t use from defunct colleges were defrauded.
my wife and i earn a million dollars roughly every 6 years. After tax, rent and bills (we have no particularly lavish outgoings – non essentially include netflix, Spotify, sirius xm in our cars, we get a slightly more expensive cat litter than the cheapest… ), i.e. “net” earnings we earn a million dollars over 38 years. We have about that long left until retirement. So I think you’re vastly underestimating how much it costs to live and work in a city.
Just in time for election season!
Biden administration spends 4.8 billion buying votes.
The previous administration spent over $2 trillion buying votes and still lost the election.
“Anything good is always posturing.” What a cynical, bat-shit crazy way of looking at anything.
Not to mention he has been going after student debt far before the scope of elections.
Politicians should always “buy votes” by acting in the interest of their constituents. The vote “buying” that should really concern you is called lobbying (see: citizens united), or in some cases outright bribery (see: Justice Thomas; also see: Trump literally selling pardons), or in some cases corruption to point of loss of life (see: the entire Iraq war and surrounding sweatheart contracting deals).
In summary: investing in the future by supporting education: good.Dismantling the EPA for short term political gain at the expense of multiple generations worth of irreparable harm: bad.
If that’s the only way we can actually improve people’s lives I’m all on board choochoo mother fuckers
Then you should be voting for him, you backwards thinking dipshit 😂
Most of us don’t understand the political system in the US, it’s so outdated it’s incredible.
But I had it explained to me quite simply - "Remember, most people there are terrible drivers, and all they know is D = forward and R = backwards
Applies to your politics too lol
Unfortunately these were debts that already had the potential to be cancelled due to existing rules. Turns out, just nobody has been following the rules and actually cancelling those debts for all these decades.
“unfortunately”?
i.e. They can’t really be contributed to Biden “cancelling debt”. They should have been cancelled anyways. Read: Unfortunately for Biden
It kinda sounds like they wouldn’t have been canceled if he hadn’t made the effort. That’s no difference from any other debt forgiveness that’s within his power.
This is actually a remnant of his larger plan for cancelling student debt being blocked. So if it should have been done anyhow, we’re now…celebrating presidents for… doing their jobs?
I think the idea here is this.
The Executive Branch has checks and balances over both of the other two branches of government. Part of that is discretion.
The Executive is not, at all times, bound to the direction provided by Congress (see: lack of enforcement of Marijuana laws). This frustrates many when the wrong decisions are being made. And we love it when the right ones are.
So someone had stopped performing debt relief as instructed by Congress. Discretion, good or bad. Then Biden directs that the instructions be followed.
He kind of didn’t have to do that. I’m glad he did and I think it’s the basics of doing his job… But he could have just not done it and reminded entities that running a campaign is expensive or that he’ll be retiring at some point.
I didn’t see any noisemakers or confetti, where are you seeing celebration? I see acknowledgement and respect, but that’s a far cry from celebration.
Bro the mental gymnastics here are astounding.
Just take the W.
Stop passing out Ws for nothing.
Stop taking Ls for nothing
When your job is to do a good thing.
And your predecessors either didn’t know or didn’t care to do it, thereby not not doing their jobs.
Then yes. I will celebrate the guy who actually did his job.
You’re saying you’d prefer the president didn’t do his job?
No, I’d prefer if a president did his job to begin with and didn’t try to take loud credit for a program that wasn’t his when he finally gets around to doing his job.
So… you want the job to get done, but you don’t want anyone to be happy that the job got done?
So you’re pleased about him working behind the scenes to pressure rail companies into giving the workers what they wanted?
Attributed?
Fucker has 10 billion dollars for Israel but no dollars (not his plan that cancelled the debt) for Americans.
Typical.
They aren’t comparable and you’re a dumbass for thinking they are.
Vote for Trump and see how many dollars you’ll get…
I’d expect that from a republican. That’s why I don’t vote for them.
On lemmy, it’s either you suck the dick they tell you to suck, or you’re “for the other guy”…whatever current evil they choose today happens to be. They don’t like factual even-handed takes on anything.
Thank you SO much for corroborating it.
It’s not just the federverse tho.
It’s the fascist brainwashed Republicans vs the fascist brainwashed Democrats in general.
Oh your “they are the same shit” is so annoying. You both come off as imbeciles. whatever, the options are not great, but come on you got an elderly lukewarm President or an elderly moron president.
One of which actively tried to dismantle our democracy, and their party has blocked almost every initiative they could that help the American people.
Billionaires are eating our world alive and climate change is going to cause mass migration.
You have no sense of civic duty, if we don’t help our neighbors then how the hell are we united as country?
“When your options are genocide far away or genocide here, you choose genocide far away.”
You pathetic sniveling coward.
You don’t support genocide. That’s what you do. Period.
Fuck off.
Are you familiar with two wrongs don’t make a right?
Or how about the lesser of two evils? Do you think the republicans would have handled this better somehow?
You are delusional if you believe that
Like I said you’re clearly a reactionary moron. Good luck with that, I’m sure you’re a big brave person fighting the good fight.
It’s closer to “when your options are the genocide far away and a genocide here, or a genocide far away”
Not voting doesn’t change a thing. The genocide far away will happen no matter what so the moral thing to do is to vote for the option that will minimize the amount of genocide being done. In the meantime the only thing you can do about the genocide far away is to call your congress and write to your local representative. It feels like almost nothing, but frankly there is almost nothing we can do. We can only minimize the total harm done by voting for Democrats instead of just letting Republicans run wild both domestically and abroad.
Coming in 2025: Trump Bux! Use it at Trump universities, Trump airlines and Trump reformation centers!
And when a TrumpAir jet goes down, the families of the partners get the cleanup and aircraft replacement bills, since that plane never would have been in the air if not for them, so it’s really their fault.
Biden has been doing a lot of good work. I wasn’t a fan when he ordered the rail workers back to work but since then be has increased the cost of carbon in negotiations, canceled the debt he was able to without the Senate and proposed relaxing drug restrictions on cannabis.
He isn’t perfect but it’s more good news than I got through 2016-2020 and he’s doing it while getting stonewalled on every decision by a Republican controlled Congress.
Also he kept fighting for the rail workers and got them sick time, just off camera.
that doesn’t come close to what the workers are owed, it wasn’t the biden administration’s place to insert itself im negotiations that NEEDED to result in a strike, for the good of the whole fucking country…
no, he sold out the rail workers and all they got was a fraction of the demands they they need met.
it wasn’t the biden administration’s place to insert itself im negotiations that NEEDED to result in a strike,
It is literally a responsibility of Congress to manage, by law. Biden helping is just him doing people a solid. Congress made the choice and you can’t starve cities.
no, he sold out the rail workers and all they got was a fraction of the demands they they need met.
Whoever told you this lied to you.
Honestly I think that pisses the Privs off more because it objectively proved that there’s options to get what’s needed done aside from setting everything on fire and starting over
The rail workers got less than they wanted, and their goals were very reasonable
All parts played a role. It influences negotiations significantly when there’s a party in the corner idly flicking a lighter. Because of the implication
Could it be better? Yes.
Could it be worse? EASILY AND THANK GOD IT ISN’T
I’m not Biden’s biggest fan, but the US has a shit political game that must be played for any meaningful progress to us, the citizens.
well said. I’m sick to death of seeing excuses for fucking over rail workers, so it’s refreshing to read a take that actually acknowledges it.
Ok now compare Bidens performance to a better democratic candidate instead of trump
I want to see this better democratic candidate running for president first.
“no one in the world can do what Biden can do”
-Very smart people
"id like to see them but I won’t google it
-also very smart people
Biden is objectively worse than a hypothetical better democratic candidate.
hypothetical
Real one’s too
Hypothetically speaking, yes, of course! Real candidates that are better than Biden are ALSO better than Biden! We should actualize one or a few!
Realistically speaking real and better candidates are real and better
What part of confusing to you
Confusing to me? I’m not the one who made the impossibly vague claim. For that, you must seek answers within.
What a stupid take. You’re saying that a real person that is actually doing fairly well in comparison to his opposition- is worse than an imaginary one?
No, I’m not saying that at all. That’s not how hypotheticals work. If their hypothesis is that a better democratic candidate exists, then that candidate must be a better candidate than Biden. I do agree that your idea of an imaginary candidate is, indeed, stupid.
Ahh. I misunderstood your point then. Apologies. Carry on.
Since no one wants to mention it, there’s still a genocide happening.
Human Rights Watch said the US risked “complicity in war crimes” by continuing to provide Israel with weapons and diplomatic cover as it commits “atrocities, including collectively punishing the Palestinian civilian population in Gaza”. Medecins Sans Frontiers said the security council’s inaction made it “complicit in the ongoing slaughter”.
The literal definition of not related to the topic and also not most peoples problem or responsibility.
But hey, thanks for showing everyone that instead of doing anything to actually support the cause, maybe by going in person to help, you choose to bitch online at completely unrelated topics and people.
Smart.
Wait, how do I deflect from an actual genocide? I know, I’ll attack the person making others aware of it.
Smart.
Nothing like waiting until just before an election to actually make positive change smh
Are you aware this was not the first action of this type? Maybe read beyond the headline.
They can’t, it’s paywalled
Reuters is not paywalled lol
The article is 2 paragraphs long.
You are correct. Let me rephrase. Registerwalled
I am not registered with Reuters. I can read every Reuters article.
They are an independent news distributor, from whom major news networks pull reporting consistently.
Reuters is one of the best sites in the world if you just want facts as they exist
I’m not posting the screen shot, it sends me to a pop-up that reads, register for free to continue reading reuters.
Nothing I’ve said has refuted Reuters as a reputable news source, it’s quite well known that it is.
I’m still not registering with a website to read its content occasionally.
What country are you in? Perhaps it’s related to locality?
Well, the $4.8 billion from the headline is in conflict with
“This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions,” Biden said in a statement.
That could be a clue it’s not been the first and only action of its kind.
Or did I miss the sarcasm in your reply? 😅
Just before? Did it become October 2024 when I wasn’t looking?
Right?
This is “just before an election” like Obama’s Garland nomination.
Which reminds me: when is Mitch McConnell going to finally die?
Which reminds me: when is Mitch McConnell going to finally die?
Just before an election.
