4 out of 45 million, it's way past time for him to have another universal plan forgiveness plan ready to present because these little individualized efforts are not going to dig us out of this mess
this post was submitted on 07 Mar 2024
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The court said the House has to do it. They control the purse-strings. Whether that plan is in the works or not, Johnson won't let it anywhere near the floor.
I’m just tired of family members hearing on the news that another couple million in debt was just wiped out, and them calling to ask if it affects me too.
No, you’ll know when it affects me, I’ll be shouting it from the rooftops in between benders.
Friends said they had really old original ones, that they at some point consolidated w the newer ones, rendering the whole mass of them old or big enough to qualify. Didn’t even have to apply, just they got notified it was done
This is the best summary I could come up with:
As the November election gets closer, Biden’s team is eager to tout what he’s done to address student loan debt – with the administration recently sending congratulatory emails to 153,000 debt-relief recipients – even if his actions fall short of some Democrats’ expectations.
The Supreme Court ruled that the executive branch does not have the authority to implement Biden’s broad forgiveness program, which would have canceled up to $20,000 for borrowers who make less than $125,000 a year.
The one-time cancellation program would have benefited millions of people, but it drew some criticism because it would not have helped future borrowers or addressed the larger issue of the rising cost of college.
In a Reuters/Ipsos poll conducted in January, 46% of US adults said Biden has the “best approach” to lowering student debt burdens, compared with 22% who said Donald Trump does.
They wanted the president to cancel $50,000 of student loan debt per borrower – an amount Biden argued was too high.
Still, the Biden administration is working on implementing another path toward a broad student loan forgiveness program, this time relying on a different legal authority in hopes that this attempt holds up in court.
The original article contains 681 words, the summary contains 195 words. Saved 71%. I'm a bot and I'm open source!