4 points

My kids were hyper aware out of high school of the burden of student loan debt and refused to sign on any federal loans. I’m proud they graduated college without debt… they did it sacrificing party time with work time, but they are financially better off because of it.

So many kids now have learned that signing paperwork can mean financial ruin that can’t be bankrupted.

That’s a good thing.

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9 points

Happy that was actually possible for them. Certainly wasn’t possible for me and probably millions of others.

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18 points

All I know is that if IDR is killed off, I’ll have to go into bankruptcy as i don’t have enough for groceries for my family as is. I know the likelihood of getting the stident debt is next to impossible, but i might be able to afford that payment if my cc debt is killed off ($40k) but would still have mortgage, car payment, roof loan payment, and my private student loans as well. I’m just pretty much tapped out. Probably worth more dead than alive, though I’m the bread winner.

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5 points

Private student loans can be discharged.

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8 points

There will be a lot of bankruptcies and I can’t see how that benefits the corporations that are expecting loan repayments. It seems like they lose either way, so maybe we should have let them lose without fucking over so many other people.

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3 points
*

I sort of hope that happens because then people like me would go in and buy

Quote from a certain U.S. politician on real estate crashes…

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4 points

You shouldn’t assume you know things you’ve not done before. Student loan relief through bankruptcy is not ‘next to impossible’. Since the new guidelines were drafted for judges about 98% of student debt holders seeking bankruptcy had some or all of their loans discharged.

You should also be aware that not all studen loan debt is equal. The higher requirements for discharge only apply to loans for tuiton specifically. If you got extra in your loans for computers, car, room, board, etc, then those amounts are treated like any other unsecured debt during bankruptcy.

There are articles/guidelines/worksheets that you can find on the Dept of Education and the Consumer Financial Protection Bureau websites to help you get a good idea of how your specific situation is likely to turn out.

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96 points

Biden: Hey here’s half a trillion dollars back on student loans, a trillion dollars on climate change, unions and manufacturing jobs, and a bunch of other stuff, all paid for by big increases in corporate tax

USA: Yeah but corporations are still doing bad stuff though

USA: We pick Trump

Biden: Alright fuck you then

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44 points

this is stuff that never would have made it all the way to implementation anyway; with voters shooting off their own feet last month, and some hand-picked maga judges ruling against the policy.

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14 points

Election promises mean nothing when they all (ALL OF THEM) are in the pockets of the evil rich

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13 points

Republicans are the only reason this promise wasn’t fulfilled. Biden has been trying again and again to get this through.

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-8 points

“The bad cop is the only reason we’re in this mess. The good cop has been honest and reassuring us that they’re trying their hardest to ensure we get treated fairly.”

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3 points
*

Are you stupid or do you straight up just shit post and pay literally no attention to current events? People like you need to start being treated like you are illiterate and an idiot.

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52 points

He’s done what he could with the Republicans fighting him every step of the way. Better to spend this last month doing what he can to Trump-proof stuff.

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5 points

I dont think he was doing what he could. He could have done a lot more.

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2 points

Hey now, he really needed all those years to mull it over, just to make sure it aged like milk.

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18 points

Okay, so what is he doing to Trump proof stuff?

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2 points

Pardoning Hunter and projecting an air of general, but aloof concern.

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5 points

He could use his “official acts” granted by the Supreme Circus to rid us once and for all of this turbulent turd. But he won’t.

Motherfucker said “Nothing will fundamentally change”

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32 points
*

I read that withdrawing the student loans was actually one of the things. If he hadn’t Trump could have used the years long progress to implement his own policies. Now he would have to restart the process over again to make any changes.

He just appointed a bunch of federal judges this week.

He has also just made a new international climate agreement. It can probably be thrown out but it’s another thing that would cause a delay. Nothing is going to make anything Trump proof since he controls 3 branches of government and is immune to crimes. It’s all stall tactics.

Biden is terrible at marketing the stuff he does. He doesn’t do enough and the things he does actually do just gets pushed through without any press. He also publicly shows no fight when things are blocked so it looks like he never even attempted. Still runs things like an old time senator expecting nonbiased journalists to spread the word for him.

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23 points

Trying to finally send all the money approved by Congress to Ukraine

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-1 points

Jaaaaaack

Fucking

Shiiiiiiiiit

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0 points

He pardoned a bunch of rich criminals

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9 points

Right right. That’s why he needed to start doing things 3.9 years ago instead of screwing around for so long. What a failure. Or a success, depending on your perspective.

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6 points

Biden had the same challenges Obama did when Obama had his terms. Republicans got in the way. But Obama was still dealing with moderate and crazy but tamed Republicans who still sided with Bush at the time and propped McCain and Romney to oppose him.

Biden was going up against a more insane breed of Republicans who’ve gotten a nice dosage of the first 4 years with Trump, who’ve turned the country upside down and all around. Everything was going to be an uphill battle moreso than Obama’s struggle was.

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22 points

I don’t know what the deal is with pulling this program now (although someone else said it was actually a way to block Trump from doing something worse), but he literally spent all four years trying to get through student loan forgiveness. His major plan was blocked by SCOTUS and he’s been blocked by other judges every step of the way.

And the fact that you don’t know that speaks much more about you than it does about him.

I have no love for Biden. I keep saying I hate that he’s been one of the best presidents of my nearly 50-year lifetime because that just shows the low the bar is. But he still did clear that bar on occasion and trying to do student loan forgiveness is one of them.

He can’t just make commands from on high and they get implemented, no questions asked. As Paddzr suggested, this is part of the reason why Trump won. People think the president is a dictator, which is why they elected a man promising to be a dictator.

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0 points

I’m not so certain he was genuine in wanting to get that done, or at least to the extent. He’s one of the reasons student debt is so hard to discharge, and played a role in manufacturing the current crisis.

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7 points
*

Have you been living under a rock for 4 years? The fuck you mean he spent 3.9 years screwing around on this, you have no fucking clue what you are talking about. This is one of the things Biden pursued hardest in the face of ridiculous opposition. It went to the Supreme Court. Like two years ago.

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0 points

Yeah I read the news, I still read the news. And all of it was him doing very little. When he predictably didn’t get what he hoped for, he apparently had no backup plan. It seemed like he was doing everything low key, low energy, no PR campaign. Amateur hour.

Now we can blame some of that on mainstream media having bad coverage. But that aspect was entirely predictable. He’s a pro, decades of experience, he should have had some plan for that.

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16 points

And this is why Trump won. Because people like YOU. Just because YOU didn’t pay attention for 4 years, doesn’t mean he sat on his ass doing nothing.

I hope reality hits you like a truck now.

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5 points

ugh i wish

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