Student loan forgiveness. What's your share?
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wrote on 23 Aug 2022, 23:03 last edited by George K
Student loan help for millions coming from Biden after delay
("Help," LOL)
President Joe Biden on Wednesday is set to announce his long-delayed move to forgive up to $10,000 in federal student loans for many Americans and extend a pause on payments to January, according to three people familiar with the plan.
Biden has faced pressure from liberals to provide broader relief to hard-hit borrowers, and from moderates and Republicans questioning the fairness of any widespread forgiveness. The delay in Biden’s decision has only heightened the anticipation for what his own aides acknowledge represents a political no-win situation. The people spoke on the condition of anonymity to discuss Biden’s intended announcement ahead of time.
The precise details of Biden’s plan, which will include an income cap limiting the forgiveness to only those earning less than $125,000 a year, were being kept to an unusually small circle within the Biden administration and were still not finalized on the eve of the announcement.
Down-to-the-wire decision-making has been a hallmark of the Biden White House, but the particular delay on student loans reflects the vexing challenge confronting him in fulfilling a key campaign promise.
The plan would likely eliminate student debt entirely for millions of Americans and wipe away at least half for millions more..
So, what's your gift to these students?
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wrote on 23 Aug 2022, 23:06 last edited by
After we tackle the religion of the race narrative, maybe we can tackle the religion of advanced education for all being good for society. That oughta keep us busy tearing down sacred cows for at least a week or two.
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wrote on 23 Aug 2022, 23:07 last edited by
As long as you have more money than these debtors we will not have peace.
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wrote on 23 Aug 2022, 23:10 last edited by Horace
The road to peace and unity is to divest oneself of all wealth. Liberals, being our greatest uniters, should go first.