We knew this was the case. Biden is no more left than moderate center conservatives. Free Speech more important than your feelings shirt just wasn’t trump (thank fuck). He only got my vote to rid us of trump. Anyone with sense knew that biden would go back on his promises; he’s a lifelong politician. It’s what they do.I don’t think Biden is backtracking on loan forgiveness. I don’t recall him promising to take 50k debt away. I thought it was 10k all along.Before I’m butchered, I think he should forgive more than 10k in student loans. He also needs to play to play more to progressives to make them show up on 2024. But let’s not play a false narrative by saying he’s backtracking on this.
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Holy shit 30 years?! I only had 14 year loans (interest built up while I Free Speech more important than your feelings shirtyears of loan payments after graduation). This is disgustingly criminal. If debt cancellation goes through the day after I make my final payment (August 27th, counting the days!) I will STILL celebrate, the current state is unconscionable. None of you deserve to go through all that.Given how hard Biden himself fought to make it non-dischargeable, I can’t say I’m too surprised. If he really wants to show growth and willing to work with the “far” left, he needs to get rid of this caveat and allow student loans to be discharged again.It seems stupid on the surface but it’s not. A great deal of people refinanced their student loans and won’t see any debt forgiveness.And they’re likely not mentioned because the reality is the cost would be enormous if they did include those loans, and such people are also desperate for help. This sort of relief only helps a subset who can already get perks since they stuck with government loans.To add to that, tuition costs are absurd and the system is broken. Maybe we should fix that first rather than putting a bandaid on a gaping wound.