How has he been unable to move the needle on student loan forgiveness when substantial amount of loans have already been forgiven and more are in the works? Not being able to forgive 100% of them counts as being 100% unable to do any of it?
Pretty much. They’ve been litigating the issue and doing what they can within the constraints they have, but apparently it amounts to nothing to entitled people.
Well yeah, conservatives are screeching lunatics who are incapable of rational thought. It’s great that most supporters of the Democrat party are critical of its many, many shortcomings and failings. I don’t think the issue is that Dems demand “perfection,” it’s that we want to see change. In my mind, erasing small pockets of student loan debt is one of the worst ways to invigorate your base, because the only people who are excited by that are the ones who just got their loans forgiven. I’m sure those people view Biden’s efforts as very successful, but you can certainly understand why all the ones who haven’t had any forgiveness think the program is a failure.
Maybe, just maybe, if instead they were trying to systematically make higher education more affordable by changing regulations, thus reducing the need for federal student loans in the first place, people would be more generally positive. To my knowledge, there has been no work in that space by the Biden administration.
The improvements that have been made apply to a TINY minority of people and even in that group, they may not qualify. On top of that, continuing to ask people to pay isn’t REALLY “forgiveness” now, is it?
“The SAVE option reduces the monthly federal student loan payments for undergraduate borrowers from 10% of discretionary income to 5%, and shortens the timeline to forgiveness for those with small balances from the usual required 20 years or 25 years. Those who took out $12,000 or less in their undergraduate or graduate postsecondary studies get any remaining debt erased after just a decade.”
So:
We’re still going to ask you to pay, you just have to pay 5% of your income instead of 10%.
If you took out student loans less than $12K (who DOES that?) the debt can be erased after 10 years instead of 20 to 25 years.
That’s not forgiveness. That’s not what people are looking for.
The inability to move the needle on student loan forgiveness and school shootings is going to hurt him to some degree.
But at the same time, it’s not like Trump is going to even ATTEMPT to do anything about student loans or school shootings.
We need to be clear with non-voters, the issues that are driving you to sit out are not the issues you should be worried about.
Joe Biden is selling weapons to Israel! Yes, weapons they don’t actually need to commit the war crimes they are committing.
Meanwhile Trump:
https://www.cnn.com/2022/10/16/politics/trump-american-jews-israel/index.html
“No President has done more for Israel than I have.”
Here’s what you should be worried about:
Clarence Thomas and Samuel Alito are both well past retirement age. Trump could very well ask them to step down so he can appoint someone younger.
He already did that with Justice Kennedy.
https://www.vanityfair.com/news/2018/06/donald-trump-justice-anthony-kennedy-retirement
That would give Trump 5 picks on the Supreme Court and lock in a dystopian nightmare of rulings for the rest of our lives.
How has he been unable to move the needle on student loan forgiveness when substantial amount of loans have already been forgiven and more are in the works? Not being able to forgive 100% of them counts as being 100% unable to do any of it?
This is only the most recent one
https://www.ed.gov/news/press-releases/biden-harris-administration-announces-nearly-5-billion-additional-student-debt-relief
the only way that effort will continue is if Biden or another Dem is in office because there’s no way the GOP will help.
You’re absolutely right, a LOT of Biden’s wins people act like it didn’t happen, and if it did and wasn’t exactly what they hoped for it’s trash, etc.
Conservatives can do no wrong to their base, but dems must be perfection or they’re just as bad to a lot of d voters
Pretty much. They’ve been litigating the issue and doing what they can within the constraints they have, but apparently it amounts to nothing to entitled people.
Well yeah, conservatives are screeching lunatics who are incapable of rational thought. It’s great that most supporters of the Democrat party are critical of its many, many shortcomings and failings. I don’t think the issue is that Dems demand “perfection,” it’s that we want to see change. In my mind, erasing small pockets of student loan debt is one of the worst ways to invigorate your base, because the only people who are excited by that are the ones who just got their loans forgiven. I’m sure those people view Biden’s efforts as very successful, but you can certainly understand why all the ones who haven’t had any forgiveness think the program is a failure.
Maybe, just maybe, if instead they were trying to systematically make higher education more affordable by changing regulations, thus reducing the need for federal student loans in the first place, people would be more generally positive. To my knowledge, there has been no work in that space by the Biden administration.
The improvements that have been made apply to a TINY minority of people and even in that group, they may not qualify. On top of that, continuing to ask people to pay isn’t REALLY “forgiveness” now, is it?
https://www.cnbc.com/2024/01/16/how-to-qualify-for-bidens-fast-tracked-student-loan-forgiveness.html
“The SAVE option reduces the monthly federal student loan payments for undergraduate borrowers from 10% of discretionary income to 5%, and shortens the timeline to forgiveness for those with small balances from the usual required 20 years or 25 years. Those who took out $12,000 or less in their undergraduate or graduate postsecondary studies get any remaining debt erased after just a decade.”
So:
We’re still going to ask you to pay, you just have to pay 5% of your income instead of 10%.
If you took out student loans less than $12K (who DOES that?) the debt can be erased after 10 years instead of 20 to 25 years.
That’s not forgiveness. That’s not what people are looking for.
Reality. It sucks sometimes.
That it do!