I think they just need to let people default and get out via bankruptcy. Doubt it will ever happen though.
They’d have to change the law Biden personally made that prevents student loans from being removed in bankruptcy proceedings.
That would also fuck millions of American’s credit and lead to all kinds of problems in the economy. Letting everyone go bankrupt is not an acceptable government solution, they need to do something better.
Cool. Where was this when they had leverage in Congress?
Why not just propose universal healthcare and universal basic income while they’re at it? I mean why aim so low when we’re not actually serious?
Cool. Where was this when they had leverage in Congress?
If they proposed it then they might have actually had to pass it or look bad.
Next comes the languishing phase, followed by the ineffectual defense, capped off with a bipartisan veto.
While 49 R senators and 1 D senator for 50 total is technically bipartisan, it’s incredibly misleading to call it that.
So why would anyone ever pay it back?
