this post was submitted on 22 Aug 2023
255 points (96.7% liked)

politics

19148 readers
4443 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 2 years ago
MODERATORS
 

President Joe Biden on Tuesday launched a promotional blitz for his new program that helps student loan borrowers repay their debt, just weeks before millions of Americans are set to receive a loan bill for the first time since the beginning of the pandemic.

The Biden administration is mobilizing to convince borrowers across the country to sign up for the new income-driven repayment program — dubbed the “SAVE plan” — which caps interest accrual and lowers the monthly payment amount for many borrowers.

“It’s the most affordable student loan plan ever,” Biden said in a video released by the White House on Tuesday, describing the program as a major reform to a student loan system “that hurt borrowers for much too long.”

“If you’re eligible for the SAVE Plan, sign up now so you can lower your monthly payments in advance of payments resuming this fall,” Biden said.

you are viewing a single comment's thread
view the rest of the comments
[–] Cryophilia 2 points 1 year ago (4 children)

It's cart before the horse though. That shouldn't be the priority.

[–] SexyTimeSasquatch 0 points 1 year ago (3 children)
[–] Cryophilia 2 points 1 year ago (2 children)

But then if we do that, all the middle income energy will evaporate. It will become the classic "fuck you, I got mine". One time relief for millenials and nothing for zoomers?

In the whole time this has been part of the national discussion, I have literally - literally - never ONCE had a loan forgiveness supporter bring up systemic reform. Not even as an AFTERTHOUGHT. Y'all don't care. You're not about improving society. You just want your money.

[–] SexyTimeSasquatch 0 points 1 year ago (1 children)

I literally paid my debt. I'm not in this for money. They got my money. Does it fix all problems? No. Does it help the current massive buildup of debt that is clogging this generations ability to thrive economically? Absolutely. Do we need systemic solutions? For sure. Forgiveness of these loans is good even by itself.

[–] Cryophilia 2 points 1 year ago

I disagree. It's a handout for a lucky few, and it's making it worse for everyone else.

Now I'm not against the handout per se. Millenials were definitely shafted and deserve some recompense.

But systemic solutions should be paramount. Harness this anger to fix the problem for everyone.