Looks like he’s just doing the shit that the US government already should have been doing based on existing programs that were actively mismanaged in the past. Promises not kept through administrative technicalities.
Not a bad thing, but a far cry from the political win it is touted as. Essentially, “we are no longer actively trying to fuck over people who applied to old debt-relief programs.” Weighing this against the predatory nature of student loan policy in the US, the unforgiving bankruptcy policies Biden directly helped put in place over a decade ago, and his failure to achieve the two student loan relief efforts he promised (or publicly campaigned on if you want to get pedantic), I’d say that the progress made is wholely insufficient.
We can simultaneously recognize that there has been an improvement while also recognizing that it has not been enough and these politicians must be held accountable for these policy failures.
These are not the markings of a promising or successful presidential campaign.
Ah yes, the ‘oh we can’t give credit for something good, it must just be lazy accident and/or incompetence’ crowd. After initially being blocked by the courts and Congress these forgiven loans are active actions where he could get around restrictions placed on him.
How about the cancelation of roughly $144 billion of student debt for roughly 4 million borrows.
Seems pretty good to me.
Looks like he’s just doing the shit that the US government already should have been doing based on existing programs that were actively mismanaged in the past. Promises not kept through administrative technicalities.
Not a bad thing, but a far cry from the political win it is touted as. Essentially, “we are no longer actively trying to fuck over people who applied to old debt-relief programs.” Weighing this against the predatory nature of student loan policy in the US, the unforgiving bankruptcy policies Biden directly helped put in place over a decade ago, and his failure to achieve the two student loan relief efforts he promised (or publicly campaigned on if you want to get pedantic), I’d say that the progress made is wholely insufficient.
We can simultaneously recognize that there has been an improvement while also recognizing that it has not been enough and these politicians must be held accountable for these policy failures.
These are not the markings of a promising or successful presidential campaign.
Ah yes, the ‘oh we can’t give credit for something good, it must just be lazy accident and/or incompetence’ crowd. After initially being blocked by the courts and Congress these forgiven loans are active actions where he could get around restrictions placed on him.