He has been working on student loan forgiveness well before the Gaza conflict
Assuming correctness: 136000000000/1750000000000*100 = ~7.77%. While this is not nothing, boy it just doesn’t sound like the student loan forgiveness he promised does it?
Biden has been against it far longer than he’s been for it. I’m voting for him, but let’s not pretend he’s a good guy here. He had his opportunities to do something and he refused, despite his fellow Democrats begging him to act. He refused to extend the time for the payback; him and no one else.
He has never stated that he’s changed his position - he’s just thrown out soundbites like he’s done so far. No actual action has taken place other than what was already happening without him. He’s sped up some already existing processes. Whoopee.
He literally forgave $146k from my wife’s student loans, after predatory student loan advisors had her refinance her loans years ago, claiming she would qualify for 20 year forgiveness, but in reality didn’t qualify. She just realized about 4-5years ago and got back on the right track, but it was going to be 20 years from then.
You hand wave the effect that his express actions have had on real, hard working and struggling citizens. I’m here to tell you that they have had a major affect on our lives, and have honored the spirit of the deal that she entered, and had been cheated out of. And there are many, many others.
And this is speaking as someone who was fortunate enough to have my parents pay for my education in full. I have never been burdened by student debt, and I view it is an absolutely wonderful and vital action to ensure that the US retains its status as one of the most highly educated work forces in the world.
I’m glad it worked out for you and your wife. There’s a lot of people who don’t have jobs deemed “righteous” enough to be worthy of “forgiveness” for the predatory costs of college, lending practices of the institutions, and restrictive legislation of the politicians that have created an indentured servitude for most of your fellow Americans.
Not to mention plan b is still in the works
https://www.politico.com/news/2023/06/30/biden-revive-student-debt-relief-00104482
