Biden Will Try Again to Wipe Out Student Loan Debt for Millions of Borrowers

Biden's already eliminated a ton of it. I'm glad to see he's still going on this despite the Supreme Court ruling, and I don't even have student loans.

Mine will likely never be eliminated unless it all goes away because I make too much, and that’s totally fine by me. I want as many people to get relief as possible! Public colleges and universities should be free, and student debt should not be a thing. At least not the way it is now.

Good. Keep taking advantage of those loopholes.

I definitely sympathize with people in college debt, but this feels like just temporary wins and doesn't address the real problems. This won't solve the overpriced cost of education. Forgive debt now, a new crop of students will just go into debt next, right?

We need universities to be completely free, universal single payer health care, drastically cheaper housing to rent and own, etc.

Instead of reinforcing bloated college tuition, why not say fuck it and put a ceiling on all tuition?

Paywall

NYTimes is walled off. Can't access. Update: Someone posted the article in the comments below. Thanks!

JUST DO IT!

DON'T LET YOUR DREAMS BE DREAMS!

DO IT!

I will maybe purchase a home before I’m dead. I don’t have a useless degree. In fact, it’s an in-demand field and the salary was considered respectable when I began. Cost of living increases have eaten away at that. But my other choice was to continue to be an assistant at poverty wage. So when the higher salaries and specialties are gatekept by a huge monetary sum you either get a bunch of people with some debt or only the privileged may access knowledge and a brighter future. We have to decide as a society which one we want and stop loathing our neighbors for the system they didn’t create.

Try harder if you want to win a second term. Your liberal base doesn't show up and you lose.

Please Mr.President get this passed before the orange man comes back

Trying is not enough sir

I am totally for free college. If we can't agree on that, the price should at least be capped or seriously reduced. It seems kind of convienient that the topic is coming up again in an election year. The problem is that both parties are beholden to the military industrial complex. With military recruitment at an all time low, they can't afford to just "give it away" (give it away, give it away, give it away now). The Rethuglicans will use their bullshit "bootstrap" argument, because they only give a shit about a problem when it affects them directly. The Demohypocrites will wring their hands and pretend to try to do something while ceding ground to Repubs so they can make a show of it. It's the corporations that own both parties, and nothing is going to change until we kick these entrenched douchebags out on their asses.

Also, look how easy it is for Congress and POTUS to approve billions for war in Ukraine and billions in money and weapons to keep the genocide in Israel going (with all of the afforementioned hand-wringing, of course).

"Try."

I am all for it. Just wish it didn’t take a genocide for his numbers to dip far enough to need the PR boost

wont he need to recover that debt to bail out Israel?

He's also wiping out tens of thousands of women and children in Palestine.

If Democrats were as persistent in pursuing the policies they claim they support as Biden has been about this issue (and only this issue), we would have a living wage nationwide and universal healthcare.

And yet those students don't vote

https://educationdata.org/student-loan-debt-statistics

Best of luck trying to eliminate the problem you helped create, Joe. Looks like you made a nice little dent in 2023!

Saw a comment elsewhere on kbin saying he didn't care/doesn't want to do this and that anyone who believes it is brainwashed.

Clearly Biden has an infinite money supply and could go around Congress at any moment. Why doesn't he just pay for all of it?

Lmfao

Edit: it's funny cuz it sounds familiar, hope he does but we'll see

Oh, just in time for another election...gee, what a coincidence.

And, if by some miracle, he doesn't lose to Trump, he'll be just fine and dandy when some "administrative/process complication" blocks it, just like last time.

Green Party US members, if elected in higher positions, could fight student debt even harder than Genocide Joe.

Making poor financial decisions should not be rewarded.