When Americans head to the polls in November, President Joe Biden will have had a direct effect on the household finances of about 4 million of them: He canceled their student loan debt.
Biden listened to progressives and didn’t give up. It’s the high point of his presidency.
If he had listened to centrists, he wouldn’t have forgiven anything. If he had acted like a centrist, he would have given up forever at the very first sign of pushback.
This is the only issue that Biden has encountered where I am satisfied with his performance.
As someone relying on pslf, I was terrified under Trump the whole thing would be scrapped.
The Trump administration also called for ending the Public Service Loan Forgiveness program, which cancels student debt for eligible public-sector workers who have made 10 years of qualifying monthly payments. It was eliminated from Trump’s proposed federal budget all four years he was in office. Congress never adopted the proposal.
Biden has expanded PSLF eligibility and is conducting a recount of past payments to fix any past servicing errors and make sure borrowers get credit for every payment they’ve made.
Republicans will surely try to get rid of pslf again if they return to power.
They certainly will, given a chance. Republicans operate out of spite.
If Biden wants to win, he needs to draw more clear distinctions between himself and his predecessor, and he must persist in pursuing meaningful change toward the goals those distinctions represent.
Biden authored and passed the legislation preventing students from declaring bankruptcy due to crushing student loan debt, as a huge handout to the banks in a thinly veiled regressive tax siphoning money direct to their coffers.
I’m happy for those who got at least some debt relief out of this, but not at all satisfied with Biden’s breadcrumbs 30 years after his disastrous policy making. The exorbitant cost of higher education in America today is an absolute disgrace.
No he didn’t listen to us. He lied to us during his campaign that he would fight for $50k forgiveness. Then when he got into office he negotiated his own campaign promise down to $10k.
Biden listened to progressives and didn’t give up. It’s the high point of his presidency.
If he had listened to centrists, he wouldn’t have forgiven anything. If he had acted like a centrist, he would have given up forever at the very first sign of pushback.
This is the only issue that Biden has encountered where I am satisfied with his performance.
As someone relying on pslf, I was terrified under Trump the whole thing would be scrapped.
Republicans will surely try to get rid of pslf again if they return to power.
They certainly will, given a chance. Republicans operate out of spite.
If Biden wants to win, he needs to draw more clear distinctions between himself and his predecessor, and he must persist in pursuing meaningful change toward the goals those distinctions represent.
If people followed Biden’s successes more closely they would realize he has many more that they are unaware of.
Biden authored and passed the legislation preventing students from declaring bankruptcy due to crushing student loan debt, as a huge handout to the banks in a thinly veiled regressive tax siphoning money direct to their coffers.
I’m happy for those who got at least some debt relief out of this, but not at all satisfied with Biden’s breadcrumbs 30 years after his disastrous policy making. The exorbitant cost of higher education in America today is an absolute disgrace.
No he didn’t listen to us. He lied to us during his campaign that he would fight for $50k forgiveness. Then when he got into office he negotiated his own campaign promise down to $10k.
If he’d listened to centrists, he would have done nothing.
Doesn’t excuse lying to us. I won’t be voting for him again.