The Biden administration announced Friday that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt, in the coming weeks due to fixes that more accurately count qualified monthly payments under existing income-driven repayment plans.
Well, they blocked his weak sauce attempt to forgive some of the debt, with a heavy dose of means testing to not forgive too much.
Biden has full authority through the 1965 Higher Education Act to wipe out all the student loan debt entirely. He could do that today. Of course he chooses not to / pretends he isn’t aware of this. What do you expect from Biden, who single-handedly brokered the deal in the 90s to make it impossible to declare bankruptcy due to student loan debt?
Well, they blocked his weak sauce attempt to forgive some of the debt, with a heavy dose of means testing to not forgive too much.
Biden has full authority through the 1965 Higher Education Act to wipe out all the student loan debt entirely. He could do that today. Of course he chooses not to / pretends he isn’t aware of this. What do you expect from Biden, who single-handedly brokered the deal in the 90s to make it impossible to declare bankruptcy due to student loan debt?
Correct. Republicans just do whatever the fuck they want, law be damned.
The democrats always pussy-foot and are like “we tried the bare minimum and it didn’t work, sorry! 🏳️🌈”
I want just one democrat who tries some of the fuckshit that republicans do all the time.