Biden's student loan forgiveness plan

Originally posted by Astner
How do you even compare the success of the midterms? Isn't the turn-out rates for Democrats higher during the presedential election than it is in the midterms? Even a "success" may result in loss in the number of congress represenatives depending on what you consider to be a success.

My comment there wasn't about the midterms, just Biden's month-to-month approval, he's gone up recently due to Republicans taking away women's rights and getting his Inflation Reduction Act passed without Republican support. We'll see next month what this debt forgiveness move does to his popularity. I think it will increase, but not by much.

We can measure success in the November midterms, as historically the party who controls the White House (Executive branch) tends to lose in the House and Senate (Legislative branch) in the midterms elections. Just a couple months ago Republicans were set to take control of both the House and Senate and by a lot, now it's looking like they could lose a seat or two in the Senate, thereby not gaining control, while gaining control of the House is still likely, but not by as great a margin. Imagine if they fail taking the House too, that will be a party of complete failure.

Imagine being in a party that wants to block legislation to reduce inflation on the basis that high inflation will damage their political opposition and help get themselves into power. Imagine supporting that. Voting for a party that wants you to suffer in poverty and indignity so they can get into power to enact legislation that enriches themselves. Bonkers.

Biden was lucky in getting his Inflation Reduction Act passed, not a single Republican crossed party lines. Not one.

That's because they'd rather have high inflation because it makes their election prospects better because they don't even have to pretend to give a shit about people and they'd still get votes.

Originally posted by truejedi
In debt but not included in the plan?

The only way you would not be included is if you make more than $125,000 a year, in which case, you do not need it.

Originally posted by Adam_PoE
The only way you would not be included is if you make more than $125,000 a year, in which case, you do not need it.

No, it's a different type of debt. They cherry picked one type of debt.

Originally posted by truejedi
No, it's a different type of debt. They cherry picked one type of debt.

****ing grow up.

Originally posted by Adam_PoE
****ing grow up.

What did you say?

Truejedi, your argument seems dangerously close to "If they can't fix EVERY problem, particularly mine, they shouldn't fix ANY problems." Crab mentality at its finest it seems. They have to start somewhere and they can't fix EVERY problem, but this will do real true good for average Americans, something that is increasingly rare in politics. I'm sorry that this won't help you, but just because we can't help everyone does not mean that we should help no one.

Originally posted by emporerpants
Truejedi, your argument seems dangerously close to "If they can't fix EVERY problem, particularly mine, they shouldn't fix ANY problems." Crab mentality at its finest it seems. They have to start somewhere and they can't fix EVERY problem, but this will do real true good for average Americans, something that is increasingly rare in politics. I'm sorry that this won't help you, but just because we can't help everyone does not mean that we should help no one.

I simply don't understand why THIS problem is anymore of a priority than anything else. If the government is literally handing out money, which it is, and they are excluding a large portion of the population with no explanation as to why they have chosen too, we absolutely have to look into why not. Why not use that same 500 billion on healthcare for instance? If Americans in debt is the issue: Where did they get the idea that relatively small loans (when compared to mortgages and medical bills) are more important? It's just poor decision making, for the most part. Even put 500 billion towards subsidizing colleges and making them more affordable, if education is the issue...

But to simply pay off loans like this without oversight on what the loans are used for. (When I went to school, I had the option of borrowing twice as much money, and using it to pay for ANYTHING school related:. Season tickets went on the bursar, private parking went to the bursar, housing and meal plans all went through the bursar... My point is not that nothing should be done to make education more affordable, but this, absolutely, does NOT do that. It's just a "lucky you" for a handful of Americans at a ridiculous cost. It's a vote buy.

Originally posted by truejedi
I simply don't understand why THIS problem is anymore of a priority than anything else. If the government is literally handing out money, which it is, and they are excluding a large portion of the population with no explanation as to why they have chosen too, we absolutely have to look into why not. Why not use that same 500 billion on healthcare for instance? If Americans in debt is the issue: Where did they get the idea that relatively small loans (when compared to mortgages and medical bills) are more important? It's just poor decision making, for the most part. Even put 500 billion towards subsidizing colleges and making them more affordable, if education is the issue...

But to simply pay off loans like this without oversight on what the loans are used for. (When I went to school, I had the option of borrowing twice as much money, and using it to pay for ANYTHING school related:. Season tickets went on the bursar, private parking went to the bursar, housing and meal plans all went through the bursar... My point is not that nothing should be done to make education more affordable, but this, absolutely, does NOT do that. It's just a "lucky you" for a handful of Americans at a ridiculous cost. It's a vote buy.

Because student loan debt is the only consumer debt that is not dischargable through bankruptcy. Now cry more like a gian ****ing baby about it.

Originally posted by truejedi
I simply don't understand why THIS problem is anymore of a priority than anything else. If the government is literally handing out money, which it is, and they are excluding a large portion of the population with no explanation as to why they have chosen too, we absolutely have to look into why not. Why not use that same 500 billion on healthcare for instance? If Americans in debt is the issue: Where did they get the idea that relatively small loans (when compared to mortgages and medical bills) are more important? It's just poor decision making, for the most part. Even put 500 billion towards subsidizing colleges and making them more affordable, if education is the issue...

But to simply pay off loans like this without oversight on what the loans are used for. (When I went to school, I had the option of borrowing twice as much money, and using it to pay for ANYTHING school related:. Season tickets went on the bursar, private parking went to the bursar, housing and meal plans all went through the bursar... My point is not that nothing should be done to make education more affordable, but this, absolutely, does NOT do that. It's just a "lucky you" for a handful of Americans at a ridiculous cost. It's a vote buy.

Buying votes isn't inherently bad. In many ways, it's something politicians should be doing --your enacting the policies constituents want so they continue voting on you. If that means forgiving loans, then awesome.

Democrats and Biden actually managed to fulfill a campaign promise, and improve millions of American lives. This is a good thing.

Originally posted by Robtard
Just a couple months ago Republicans were set to take control of both the House and Senate and by a lot, now it's looking like they could lose a seat or two in the Senate, thereby not gaining control, while gaining control of the House is still likely, but not by as great a margin. Imagine if they fail taking the House too, that will be a party of complete failure.

Republicans just lost their Alaska House Representative in a special election. The former died, and Sarah Palin lost the subsequent election to a Democrat. It's only for the remainder of this term, but it's definitely telling -- it's Alaska's first Democrat Representative since 1972.

People remember that Republicans didn't want to give Americans a measly 600$ for COVID relief. People remember Republicans have re-affirmed their position as the bigoted party, having renewed their deranged anti-gay marriage war. They're the party associated with the insurgents who stormed the capitol. Now they want to reject student loan relief that helped so many Americans.

I'm not even saying they'll definitely lose, but Republicans are shooting themselves in the foot. Career Repubs will vote Repub either way, but I feel like Independents/swing voters might be wary of them right now.

Originally posted by jaden_2.0
Here's a radical thought. How about just paying graduates enough so they can afford to pay their own debts within a reasonable time frame.