On January 14, a federal judge in Biden’s home state of Delaware moved to eliminate nearly $100,000 in student loan debt held by a 35-year-old epileptic man. In response, the Justice Department filed a notice of appeal in the case on behalf of Education Secretary Miguel Cardona. If Biden officials now follow through with a fully formed appeal, they would not only be aiming to keep this man overwhelmed with debt, but also moving to solidify a legal interpretation that could preclude even the most beleaguered student debtors from getting relief through bankruptcy courts.
Remember when people had hope that there might even be a limited erasure of student debt by Biden?
Yeah, the people had high high hopes. :pete:
liberals will deny this
They won't deny it, they actually claim he has forgiven a lot of debt.
Huh, according to, uhhh, Forbes the Biden administration claims to have forgiven $15 Billion in student debt, however, that was entirely through three already existing programs some of which they relaxed the requirements for. $2.4 Billion was through the Public Service Loan Forgiveness program, for people who have devoted their careers to charitable or public institutions. The rest was through the Total and Permanent Disability Discharge, which they claim they will relax the requirements on but have not yet done so, and the Borrower Defense Repayment, that refunds student debt if the educational institution they took it out for was actively defrauding or coercing them (lmao) which the Biden administration (to their credit) did change a policy for that allowed the Borrower Defense Repayment to not actually forgive the student debt even if they were defrauded or coerced into taking it out.
So they have done something, but that $15 Billion number is taking credit for programs that were already in place the Biden administration at most made minor changes to and what $12.5 Billion worth of those programs do isn't so much "forgiveness" as "not trying to take money from people on permanent disability who we explicitly forbid from making any money (and even then it takes 7 years)" and "avoiding criminal liability" respectively.
The hopium were high. Now, not so much
Hopium reserves ran dry a millennia ago, it's running on copium fumes now
Fuckin losers lmaooooo what were they thinking? Still whining on twitter like it will help instead of just getting a job and paying them back!
I don’t know I think there’s a not insignificant chance they’re on indefinite hold
Yeah my only hope is that reactivating payment is a political death sentence
yea maybe the loans will turn into a hot potato situation, and each president keep passing it on to the next one.
Nah, if Biden doesn't activate it himself, then the next democrat is going to do it. I genuinely don't think the Dems are capable of realizing how long they will be wiped out in any national elections if they reactivate the payments. At least the GOP understands how to time their shit, so that the consequence of their evil hits when the next guy is in office.