U.S. President Joe Biden said on Wednesday his administration had approved $4.8 billion in student debt cancellation for 80,300 people.
"This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions," Biden said in a statement.
If you want trump to lose, just keep your mouth shut, or better yet get in the bandwagon and be excited about Biden. It doesn't have to be real. You can fake it.
Holding your nose while you vote is a recipe for a trump win though.
Biden has been doing a lot of good work. I wasn't a fan when he ordered the rail workers back to work but since then be has increased the cost of carbon in negotiations, canceled the debt he was able to without the Senate and proposed relaxing drug restrictions on cannabis.
He isn't perfect but it's more good news than I got through 2016-2020 and he's doing it while getting stonewalled on every decision by a Republican controlled Congress.
Honestly I think that pisses the Privs off more because it objectively proved that there's options to get what's needed done aside from setting everything on fire and starting over
that doesn't come close to what the workers are owed, it wasn't the biden administration's place to insert itself im negotiations that NEEDED to result in a strike, for the good of the whole fucking country..
no, he sold out the rail workers and all they got was a fraction of the demands they they need met.
Exactly this. I still have the letter I received that my debt would be forgiven, as well as the letter after the GOP challenges that said oops, not really.
A college educated person can earn more than a million dollars more over their career than a high school educated person. Biden is bailing out the rich and the Dems love it.
Are you saying that because a person could earn more than a million dollars more over their career than a high school educated person that they're rich? Or are you saying that a person who is college educated is already rich to start with?
Either way is confusing, so I'm hoping you'll clarify. Seems a lot like you're implying that a possibility is the same as having a million dollars in your bank account? Like just because I have lotto ticket I'm a millionaire even though the numbers haven't been drawn yet.
I'm saying it's statistically proven that a college educated person has a much higher earning potential than a person without higher education.
I'm not implying wealth before college at all. Therefore, if you support a government bail out of those people, you support the government bailing out the wealthy.
"The cancellations have come through existing federal student loan forgiveness programs, which are limited to specific categories of borrowers, such as public-sector workers, people defrauded by for-profit colleges and borrowers who have paid for at least 20 years. " -CNN
These are not rich people.
These forgiveness programs weren't even created by Biden.
I am not spreading false information, you just don't like the truth. These people are the next burden on the working class that actually pay their bills. Pathetic.
my wife and i earn a million dollars roughly every 6 years. After tax, rent and bills (we have no particularly lavish outgoings – non essentially include netflix, Spotify, sirius xm in our cars, we get a slightly more expensive cat litter than the cheapest... ), i.e. "net" earnings we earn a million dollars over 38 years. We have about that long left until retirement. So I think you're vastly underestimating how much it costs to live and work in a city.
Rich is an interesting way to put it. Bailing out the rich are tax cuts aimed overwhelmingly at the rich, not taxing capital gains and other ways the rich try to hide their true income and not auditing the rich because it is too much effort.
...and should also include forgiving debt of those that have potential to be higher earners. Student loans were readily accepted and it was fully understood that you would have to pay the money back. Just do that.
You have the time to discuss news online at ~7:30am Eastern and the necessary computing tech (phone, laptop) to do so. It certainly sounds like you're better off than a lot of people -- are you also part of the rich? After all, you aren't doing manual labor nonstop from early in the morning for minimum wage.
I sure have. Started working 16 hours days in the summer months on the local farms custom baling hay and straw when I was 13. I have had many jobs since then, always bettering myself. I'm not rich, but I'm doing ok. I pay my taxes. I'm the callused hands of the working class that actually pays their bills and lives within their means. You?
How does lifetime earnings factor into someone who is still paying on their loans and far from the end of their life? What an idiotic correlation. 53% of US adults have a degree, yet the median income is $31k per year which is far from rich. I see you took those old ITT Tech commercials to heart.
Since no one wants to mention it, there’s still a genocide happening.
Human Rights Watch said the US risked “complicity in war crimes” by continuing to provide Israel with weapons and diplomatic cover as it commits “atrocities, including collectively punishing the Palestinian civilian population in Gaza”. Medecins Sans Frontiers said the security council’s inaction made it “complicit in the ongoing slaughter”.
Politicians should always "buy votes" by acting in the interest of their constituents. The vote "buying" that should really concern you is called lobbying (see: citizens united), or in some cases outright bribery (see: Justice Thomas; also see: Trump literally selling pardons), or in some cases corruption to point of loss of life (see: the entire Iraq war and surrounding sweatheart contracting deals).
In summary: investing in the future by supporting education: good.Dismantling the EPA for short term political gain at the expense of multiple generations worth of irreparable harm: bad.