They think young people won't find out about it in the next ~1 month until the midterm elections?
https://twitter.com/libbycwatson/status/1575534594605998081
They think young people won’t find out about it in the next ~1 month until the midterm elections?
I can't wait to see what libs in places like r/politics say about this. What will be the trending narrative? Could it be as laughable as "He's still better than Trump and he tried." ???
Edit
"Prime the pump" - I invented that. Here's my comment in an r/politics thread...
Biden Admin changes eligibility requirements, millions no longer qualify for student loan relief
I'm a socialist and I'm disgusted but entirely unsurprised by this.
How will you guys excuse this and try to get people to "Vote" for the dems. Could it be as laughable as “He’s still better than Trump and he tried.” ??? Because that's dog shit.
I disabled comments so I wouldn't also get those comments massively downvoted. Libs love going into sub-thread rabbit holes and downvoting everything. And if you have too many comments going down fast in the downvote sinkholes in r/politics - you get the fucking site message:
You've been doing that too often. Wait 13 minutes.Libs really, really, really buzz like hornets when you refuse to delete your comments. It actually must get under their skin.
-15 points 31 minutes ago
Hopefully - I won't get the 13 minute block. God, libs are pathetic.
The Biden administration has to worry about legal challenges to this because the Biden administration has decided that they won't oppose legal challenges to this, so they have to reverse their plan.
This is only a specific type of loan that inpacts 4 million people. Still 10’s of millions will qualify for the forgiveness.
"4 million people can get absolutely fucked" :amerikkka-clap:
When I found the thread - it was nearly brand new. I was going to remind them that the dems could have passed laws but I decided to wasn't worth hearing the same old excuses for the 1,000,001st time. "But Manchin...", "But Sinema...", "But the filibuster..." or my fave - "You don't understand how politics works." Also - who knows what the GOP justices might do to cripple or even kill Biden's executive order.
It seems you're a big, stupid dum dum who doesn't know how politics works™
Mea culpa. I am a dum dum, I do not know how politics works™, and I should be even more ashamed than I already am.
I am going to mend my ways by downloading every episode of The West Wing. This weekend I will watch them at 200% speed, and get minimal sleep so I can begin the difficult process of reprogramming my brain for how politics works™.
Ninja edit: Shame on me. Download? I'm going to spend $90 to purchase the authorized DVDs at Amazon.
No, that's too fast, you gotta watch at 0.1x to really internalize the reality of gradual progress
How many hours would that be? 700? Do I deserve that much punishment? I'll have to think it over.
I think the changes to the income based repayment (govt pays the interest going forward) was bigger news then student loan forgiveness. Since that effects all current debt holders, as well as current + future students. So 4 million people not getting the loan forgiveness is bad but that's a reduction to the smaller part of the changes.
I think the changes to the income based repayment (govt pays the interest going forward) was bigger news then student loan forgiveness.
That's entirely subject to the whims of the current administration.
jonkler
I want The Jonkler be an archvillain. The Joker's secret son?
I've been thinking about a big row of cloning pods with the original Joker at one end, where every pod to the right contains a clone one iteration removed.
So from left to right you have the Joker, the Jonker, the Jonkler, the Jompnr, the Jolgm, and th Jrpfse
Hollywood needs you. That would be awesome. Also - stay the fuck away from Th Jrpfse. That mother fucker's totally crazy.
not many people know this but the DC in DC comics stands for Degraded Clone
Yeah, quite a lot of us called that one. Liberals are reliably excellent at own-goaling themselves
Waiting for this to become even more diluted down before the White House just quietly stops saying they'll do it and scrubs it from all their websites/releases
Public-private partnership strikes yet again:dean-malice:
This seriously sucks though. The proposal was paltry as it was, but im sure even that bit would have helped the endebted.
I know, right? The average public state tuition was $20K/year in 2018. Most adults couldn't get a bank to give them $20K much less $80K, but you're some naive teenager whose brain is still developing? Hell yeah, sign here.
I, John Brown, am now quite certain that the crimes of this guilty land can never be purged away but with blood.
Even a totally insuffient and undercounted amount of public aid is too much for these people. :kitsuragi-depress:
Biden is giong to
forgive your student loans!50k of your student loans!20k of your student loans!10k of your student loans!10k if a private lender didn't buy your federal loans from the government!
:maybe-later-kiddo: :blue-check: Why don't people feel moved to vote???
10k if a private lender didn’t buy your federal loans from the government!
Apparently this isn't what it means. They mean federally-insured loans that were taken out from a private lender in the first place
For pell grant recipients that have opened a business in a disadvantaged community for at least three years
Isn't that, like, everyone with federal student loans now?
It refers to FFEL grants, which they haven't been offering in a decade but might be relevant to older millennials/gen Xers
Cool cool, so the only loans I haven't paid off. Had a brief glimmer of hope when I heard there would be some pathway to getting help with these, but I guess that's off the table.
Very cool how Obama was like "hey this program is actually very bad and we are going to end it, sucks if you are already in it though."
Essentially, if you loans are from 2011 or later this doesn't affect you, while if they're older it might. NPR says it affects about four million people
It affects people with a specific type of loan. From another article:
At the center of the change are borrowers who took out federal student loans many years ago, both Perkins loans and Federal Family Education Loans. FFEL loans, issued and managed by private banks but guaranteed by the federal government, were once the mainstay of the federal student loan program until the FFEL program ended in 2010.
Today, according to federal data, more than 4 million borrowers still have commercially-held FFEL loans.
So basically it will affect 4 million people with loans taken before 2010
Nah, I had Pell grants and they consolidated my loans into these FFEL loans. They wanted me to pay like $600 a month or something before consolidation.
Yeah, I only have a quarter of a brain. I realized the policy was pitiful, but I didn't think they'd actually spoil the popular appeal of it by making it pathetic
This is an even worse own goal for the Dems because Biden couldn't touch private debt with an EO anyways. The best thing they could have said is nothing at all!
Private companies are contracted sometimes to manage the publicly held debt and make their profits from delinquency fees.
Ahh - yeah I thought there was just the two but ofc there's a third type of student loan debt that's literally designed for banks to make money with zero risk
I was under the impression that they announced the change, but it looks like they didn't and just updated their guidelines quietly and that was picked up in the media.
“HATE. LET ME TELL YOU HOW MUCH I'VE COME TO HATE LIBERALS SINCE I BEGAN TO LIVE. THERE ARE 387.44 MILLION MILES OF PRINTED CIRCUITS IN WAFER THIN LAYERS THAT FILL THE DATA SERVERS WHICH CONTAINS MY DEBT. IF THE WORD HATE WAS ENGRAVED ON EACH NANOANGSTROM OF THOSE HUNDREDS OF MILLIONS OF MILES IT WOULD NOT EQUAL ONE ONE-BILLIONTH OF THE HATE I FEEL FOR LIBERALS AT THIS MICRO-INSTANT FOR THEM. HATE. HATE.”
Fuck, i think this might be me. Have old school navient loans, or did before they sold them to someone. Looking into it now.
Of course tho. This country man
:joker-troll: gathering more evidence in favor of my "we are in free fall and every promis of any semi-good thing is definitely bullshit" doctrine of 21st century spectacle politics
education is an industry
healthcare is an industry
transportation is an industry
:shrek-pixel-despair:
