this post was submitted on 06 Dec 2023
466 points (98.1% liked)

politics

19104 readers
3366 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 1 year ago
MODERATORS
 

The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt, for 80,300 borrowers.

The relief is a result of the U.S. Department of Education’s fixes to its income-driven repayment plans and Public Service Loan Forgiveness program.

“Before President Biden took office, it was virtually impossible for eligible borrowers to access the student debt relief they rightfully earned,” U.S. Secretary of Education Miguel Cardona said in a statement. “This level of debt relief is unparalleled and we have no intention of slowing down.”

all 37 comments
sorted by: hot top controversial new old
[–] cheese_greater 178 points 11 months ago* (last edited 11 months ago) (6 children)

Can't wait to hear the businesses who received and were forgiven for PPP "loans" bitch en masse about the unfairness of it all

Edit: nonetheless, this is good news everyone

[–] HWK_290 33 points 11 months ago (2 children)
[–] cheese_greater 21 points 11 months ago* (last edited 11 months ago) (2 children)

In what goddamn world do they have ANY fucking standing? So silly lol, and I'm not yelling at you, just the sky with this entire conceit in mind

[–] meco03211 37 points 11 months ago (1 children)

Since when do they need standing? They killed the original student loan forgiveness without having standing.

[–] cheese_greater 14 points 11 months ago

It was bullshit then its bullshit now but they must have many executive tricks they can use to find a way to insulate it, or just pay it out and let the SCOTUS enforce their stupid ruling

[–] WhatAmLemmy 3 points 11 months ago

Apparently, they have standing in the current oligarchic/kleptocratic world.

[–] [email protected] 13 points 11 months ago (1 children)

Yeah, seriously, fuck Sue, she complains about everything!

[–] ceenote 9 points 11 months ago

Sue is such a Karen.

[–] hibsen 26 points 11 months ago

Their tears sustain me. God forbid someone actually help people instead of corporations pretending to be people.

[–] Cerbero 4 points 11 months ago (2 children)

It’s even worse the IG thatbwas over it said that we probably lost 500 billion that we will never know where it went.

[–] Lightsong 1 points 11 months ago
[–] cheese_greater 1 points 11 months ago

Perhaps its conjecture but I've heard many statements characterizing it as literally one of the largest wealth transfers in history

[–] [email protected] 3 points 11 months ago* (last edited 11 months ago)

Sometimes good news can just be good news. We don't have to be cynical about absolutely everything...

[–] anarchy79 1 points 11 months ago* (last edited 11 months ago)

It's socialism! And socialism is bad, in case we weren't clear on that. Under socialism, healthcare doesn't work, infrastructure crumbles, power and money is concentrated among a few oligarchs, people can't afford to pay for rent or food, crime and corruption is rampant, police systematically abuse their powers, the courts are overwhelmed, prisons are overcrowded, there's violence in the streets, and you don't have any real voice and your vote doesn't matter.

How would you like living under THOSE conditions, huh? Exactly. Vote R!

[–] doingthestuff -3 points 11 months ago (2 children)

Those loans weren't really presented as loans through. It was literally "hey if you meet the requirements take this money and you won't have to pay it back". My small nonprofit got about $56k total and it was really helpful with all the restrictions they were mandating.

[–] cheese_greater 7 points 11 months ago

I don't get why its only companies that deserve a hand. The amount of wastef life and time and effort do to student loans is beyond unproductive and punitive

[–] yokonzo 44 points 11 months ago (2 children)

Wait, “ an additional?” I never even got the first one because it was blocked by some asshats who think they’re more important

[–] [email protected] 50 points 11 months ago* (last edited 11 months ago) (1 children)

It's not referring to the blanket partial forgiveness that got blocked by the SC for made up reasons. This is about the longstanding forgiveness programs that had huge backlogs of applicants that the admin is now working through. It's additional people being approved (and the sum of their debt), not additional relief for everyone.

[–] [email protected] 0 points 11 months ago

Read: it's an easy "win" to help with the election where they can trick people into thinking they did part of the original plan as opposed to finally working on something they already promised in the past. Fucking politics man...

I don't even have a dog in this fight, I never went to college because I couldn't figure out what I wanted and didn't want to have a boatload of loans that went to nothing. IM ONLY SLIGHTLY BITTER ABOUT THAT! Lol Still happy people are getting some relief though.

[–] [email protected] 6 points 11 months ago (1 children)

Still waiting for the ITT loans to be wiped out...

[–] yokonzo 2 points 11 months ago

Just looked up what an ITT loan was, holy shit you poor bastard

[–] [email protected] 34 points 11 months ago* (last edited 11 months ago) (1 children)

Looks like they forgave people still paying off loans after 20 years. We've got 19 on ours so just missed it!

[–] Something_Complex 7 points 11 months ago

Hey you the next round ig

[–] anarchy79 17 points 11 months ago

Sure, but remember, he is an impotent old man who gets nothing done but also somehow runs a shadow conspiracy centered around Pizza Hut!
At least that's the mainstream story and we're DEFINITELY sticking with it!