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Biden doesn't want to fight for 50,000 student loan relief. It's too hard

christop said:
Republicans are shook they know this would be a huge win for Biden.
Click to expand...

I wouldn't bet on that, never underestimate the stupidity of the American public.

Remember how pissed people became when the minimum wage started being raised around the country which meant that a lot of people working fast food, Wal-Mart, Target, etc. would potentially be paid an at least livable wage for the first time in years.

You would think people would have saw that as a good thing but there were a lot of people who were livid and totally against it since the Republicans put a spin on it.

If Biden does this it will definitely be a win for him with people who voted for him (which is all that should matter) but he won't gain any ground with voters. The country is to divided at this point.
 
OutlawR.O.C. said:
I wouldn't bet on that, never underestimate the stupidity of the American public.

Remember how pissed people became when the minimum wage started being raised around the country which meant that a lot of people working fast food, Wal-Mart, Target, etc. would potentially be paid an at least livable wage for the first time in years.

You would think people would have saw that as a good thing but there were a lot of people who were livid and totally against it since the Republicans put a spin on it.

If Biden does this it will definitely be a win for him with people who voted for him (which is all that should matter) but he won't gain any ground with voters. The country is to divided at this point.
Click to expand...
I understand what you are saying but this is such an easy one to follow I don't think Republicans can spin it.
 
christop said:
I understand what you are saying but this is such an easy one to follow I don't think Republicans can spin it.
Click to expand...

I hear you but the thing is they don't have to, their voters will do it for them.

The Republican vs. Democrat shit at this point is really just a political version of Bloods vs. Crips.

Some are so loyal to one party and despise the other so much that you can throw anything out there and they'll believe it.

All they have to do is make this look like some welfare for people who don't need it and convince their voters that they're the ones paying for it and they'll do the rest.

Remember a huge portion of the Republicans loyal base are lower middle class whites who didn't attend college.

That group will be on fire if this goes through.
 
Politic Negro said:

Thune, GOP senators push bill to ban Biden from canceling student debt, as president mulls 'executive action'

Tyler Olson
Wed, April 27, 2022, 9:20 AM·3 min read





FIRST ON FOX – Senate Minority Whip John Thune and a group of GOP senators are introducing a bill to ban President Biden from canceling student loan debt, amid news Biden is considering doing just that.
The bill would also limit how long the administration can pause student debt payments and add congressional oversight to the process. People with income above 400% the poverty line would be exempt from any pause.
"As Americans continue to return to the workforce more than two years since the pandemic began, it is time for borrowers to resume repayment of student debt obligation," Thune, R-S.D., said in a statement. "Taxpayers and working families should not be responsible for continuing to bear the costs associated with this suspension of repayment."
Thune added: "This common-sense legislation would protect taxpayers and prevent President Biden from suspending federal student loan repayments in perpetuity."

Federal student loan payments were first paused in May 2020 under former President Donald Trump. But as the economy exited the pandemic, Biden extended that pause multiple times after taking office, to criticism from Republicans.
Progressives, meanwhile, are pushing Biden to completely forgive student loan debt via executive order. They say the crushing debt hanging over many college graduates’ heads is forcing them to delay major life decisions, and that student debt disproportionately affects minorities.

Even top Democrats in Congress are pushing for Biden to cancel student debt.
"I won’t stop working for President Biden to use his existing legal authority to #CancelStudentDebt," Senate Majority Leader Chuck Schumer, D-N.Y., tweeted last week.

It was reported this week that Biden told members of Congress he’s currently looking at options for how to make that happen with executive action. And White House press secretary Jen Psaki said Tuesday that’s on the table.

"He will make a decision before there's an end to that pause. Right now, it's been extended through August and we have talked about how we are looking at and he is looking at other executive authority options," Psaki said.

Thune is joined by Sens. Bill Cassidy, R-La., Richard Burr, R-N.C., Mike Braun, R-Ind., and Roger Marshall, R-Kan., in introducing the bill.

Republicans say a continued pause on payments, or canceling student debt altogether, represents a bailout to high-income earners at a time when jobs abound. They also say the pause is fiscally irresponsible and subverts the will of Congress.


"The Biden administration continues to call for a return to normalcy from the pandemic, while simultaneously extending emergency relief programs like the student loan repayment freeze," Burr said. "They can’t have it both ways. Resuming student loan repayments is long overdue, especially in today’s strong job market."
"The majority of Americans do not have college degrees," Braun added. "Why should they be forced to pick up the tab for college degrees in the name of pandemic relief? This transfer of wealth is not a move to ‘advance equity,’ but rather a taxpayer handout to appease far-left activists."
"The administration is spending without congressional approval," Cassidy said. "That should be considered unconstitutional."
The legislation is likely more a messaging bill than anything. It’s highly unlikely enough Democrats in the House or Senate would support it to pass it to Biden’s desk. And it’s even more far-fetched that Biden would sign it.
But it represents Republicans starting to dig their heels in on an issue that could develop into a major flashpoint in the midterms, as the current pause expires two months before the election.
Click to expand...

Man WTF?
 
OutlawR.O.C. said:
I hear you but the thing is they don't have to, their voters will do it for them.

The Republican vs. Democrat shit at this point is really just a political version of Bloods vs. Crips.

Some are so loyal to one party and despise the other so much that you can throw anything out there and they'll believe it.

All they have to do is make this look like some welfare for people who don't need it and convince their voters that they're the ones paying for it and they'll do the rest.

Remember a huge portion of the Republicans loyal base are lower middle class whites who didn't attend college.

That group will be on fire if this goes through.
Click to expand...
b9dbd8501c3e448aa81065af68822334--jean-stapleton-archie-bunker.jpg
 
Politic Negro said:

Thune, GOP senators push bill to ban Biden from canceling student debt, as president mulls 'executive action'

Tyler Olson
Wed, April 27, 2022, 9:20 AM·3 min read





FIRST ON FOX – Senate Minority Whip John Thune and a group of GOP senators are introducing a bill to ban President Biden from canceling student loan debt, amid news Biden is considering doing just that.
The bill would also limit how long the administration can pause student debt payments and add congressional oversight to the process. People with income above 400% the poverty line would be exempt from any pause.
"As Americans continue to return to the workforce more than two years since the pandemic began, it is time for borrowers to resume repayment of student debt obligation," Thune, R-S.D., said in a statement. "Taxpayers and working families should not be responsible for continuing to bear the costs associated with this suspension of repayment."
Thune added: "This common-sense legislation would protect taxpayers and prevent President Biden from suspending federal student loan repayments in perpetuity."

Federal student loan payments were first paused in May 2020 under former President Donald Trump. But as the economy exited the pandemic, Biden extended that pause multiple times after taking office, to criticism from Republicans.
Progressives, meanwhile, are pushing Biden to completely forgive student loan debt via executive order. They say the crushing debt hanging over many college graduates’ heads is forcing them to delay major life decisions, and that student debt disproportionately affects minorities.

Even top Democrats in Congress are pushing for Biden to cancel student debt.
"I won’t stop working for President Biden to use his existing legal authority to #CancelStudentDebt," Senate Majority Leader Chuck Schumer, D-N.Y., tweeted last week.

It was reported this week that Biden told members of Congress he’s currently looking at options for how to make that happen with executive action. And White House press secretary Jen Psaki said Tuesday that’s on the table.

"He will make a decision before there's an end to that pause. Right now, it's been extended through August and we have talked about how we are looking at and he is looking at other executive authority options," Psaki said.

Thune is joined by Sens. Bill Cassidy, R-La., Richard Burr, R-N.C., Mike Braun, R-Ind., and Roger Marshall, R-Kan., in introducing the bill.

Republicans say a continued pause on payments, or canceling student debt altogether, represents a bailout to high-income earners at a time when jobs abound. They also say the pause is fiscally irresponsible and subverts the will of Congress.


"The Biden administration continues to call for a return to normalcy from the pandemic, while simultaneously extending emergency relief programs like the student loan repayment freeze," Burr said. "They can’t have it both ways. Resuming student loan repayments is long overdue, especially in today’s strong job market."
"The majority of Americans do not have college degrees," Braun added. "Why should they be forced to pick up the tab for college degrees in the name of pandemic relief? This transfer of wealth is not a move to ‘advance equity,’ but rather a taxpayer handout to appease far-left activists."
"The administration is spending without congressional approval," Cassidy said. "That should be considered unconstitutional."
The legislation is likely more a messaging bill than anything. It’s highly unlikely enough Democrats in the House or Senate would support it to pass it to Biden’s desk. And it’s even more far-fetched that Biden would sign it.
But it represents Republicans starting to dig their heels in on an issue that could develop into a major flashpoint in the midterms, as the current pause expires two months before the election.
Click to expand...
Welp
 
Politic Negro said:

Thune, GOP senators push bill to ban Biden from canceling student debt, as president mulls 'executive action'

Tyler Olson
Wed, April 27, 2022, 9:20 AM·3 min read





FIRST ON FOX – Senate Minority Whip John Thune and a group of GOP senators are introducing a bill to ban President Biden from canceling student loan debt, amid news Biden is considering doing just that.
The bill would also limit how long the administration can pause student debt payments and add congressional oversight to the process. People with income above 400% the poverty line would be exempt from any pause.
"As Americans continue to return to the workforce more than two years since the pandemic began, it is time for borrowers to resume repayment of student debt obligation," Thune, R-S.D., said in a statement. "Taxpayers and working families should not be responsible for continuing to bear the costs associated with this suspension of repayment."
Thune added: "This common-sense legislation would protect taxpayers and prevent President Biden from suspending federal student loan repayments in perpetuity."

Federal student loan payments were first paused in May 2020 under former President Donald Trump. But as the economy exited the pandemic, Biden extended that pause multiple times after taking office, to criticism from Republicans.
Progressives, meanwhile, are pushing Biden to completely forgive student loan debt via executive order. They say the crushing debt hanging over many college graduates’ heads is forcing them to delay major life decisions, and that student debt disproportionately affects minorities.

Even top Democrats in Congress are pushing for Biden to cancel student debt.
"I won’t stop working for President Biden to use his existing legal authority to #CancelStudentDebt," Senate Majority Leader Chuck Schumer, D-N.Y., tweeted last week.

It was reported this week that Biden told members of Congress he’s currently looking at options for how to make that happen with executive action. And White House press secretary Jen Psaki said Tuesday that’s on the table.

"He will make a decision before there's an end to that pause. Right now, it's been extended through August and we have talked about how we are looking at and he is looking at other executive authority options," Psaki said.

Thune is joined by Sens. Bill Cassidy, R-La., Richard Burr, R-N.C., Mike Braun, R-Ind., and Roger Marshall, R-Kan., in introducing the bill.

Republicans say a continued pause on payments, or canceling student debt altogether, represents a bailout to high-income earners at a time when jobs abound. They also say the pause is fiscally irresponsible and subverts the will of Congress.


"The Biden administration continues to call for a return to normalcy from the pandemic, while simultaneously extending emergency relief programs like the student loan repayment freeze," Burr said. "They can’t have it both ways. Resuming student loan repayments is long overdue, especially in today’s strong job market."
"The majority of Americans do not have college degrees," Braun added. "Why should they be forced to pick up the tab for college degrees in the name of pandemic relief? This transfer of wealth is not a move to ‘advance equity,’ but rather a taxpayer handout to appease far-left activists."
"The administration is spending without congressional approval," Cassidy said. "That should be considered unconstitutional."
The legislation is likely more a messaging bill than anything. It’s highly unlikely enough Democrats in the House or Senate would support it to pass it to Biden’s desk. And it’s even more far-fetched that Biden would sign it.
But it represents Republicans starting to dig their heels in on an issue that could develop into a major flashpoint in the midterms, as the current pause expires two months before the election.
Click to expand...

Biden stalled, his poll numbers tanked, young voters are now like fuck you, and Republicans are on the attack.

Democrats suck at this politics game. Biden deserves to fucking lose.

Shit at least make the interest rate to 0% for everyone. Cancel them all for every single teacher in K-12, and every public worker with at least 10 years of service years.
 
It's still too hard I guess. Some presidents do shit others talk about what they might do.

www.cnn.com

Why Biden is resisting the pressure to cancel $50,000 in student loan debt per borrower | CNN Politics

Democratic lawmakers continue to urge President Joe Biden to cancel $50,000 for each of the 43 million federal student loan borrowers -- something he has shot down repeatedly. Here are a few reasons why Biden may be resisting the pull from the left wing of his party.
www.cnn.com www.cnn.com


So far, Biden has resisted the pressure to cancel $50,000 in student loan debt for every borrower. On Thursday, he doubled down on that stance.

"I am not considering $50,000 debt reduction," Biden said at the White House after unveiling new funding for Ukraine.
 
Last edited:
850credit said:
It's still too hard I guess. Some presidents do shit others talk about what they might do.

www.cnn.com

Why Biden is resisting the pressure to cancel $50,000 in student loan debt per borrower | CNN Politics

Democratic lawmakers continue to urge President Joe Biden to cancel $50,000 for each of the 43 million federal student loan borrowers -- something he has shot down repeatedly. Here are a few reasons why Biden may be resisting the pull from the left wing of his party.
www.cnn.com www.cnn.com


So far, Biden has resisted the pressure to cancel $50,000 in student loan debt for every borrower. On Thursday, he doubled down on that stance.

"I am not considering $50,000 debt reduction," Biden said at the White House after unveiling new funding for Ukraine.
Click to expand...

I don't disagree with what he seems to be saying in this article.

From this article and what has been said in the past 56% of student loan debt is held by high income individuals who went to private colleges which he doesn't want to cancel.

He seems to he consistently saying he's willing to cancel all of the debt for individuals who make less than 125,000 a year or at least the undergraduate portion if their loans.

I can't really argue with that if it's what he is in fact thinking.
 
OutlawR.O.C. said:
I hear you but the thing is they don't have to, their voters will do it for them.

The Republican vs. Democrat shit at this point is really just a political version of Bloods vs. Crips.

Some are so loyal to one party and despise the other so much that you can throw anything out there and they'll believe it.

All they have to do is make this look like some welfare for people who don't need it and convince their voters that they're the ones paying for it and they'll do the rest.

Remember a huge portion of the Republicans loyal base are lower middle class whites who didn't attend college.

That group will be on fire if this goes through.
Click to expand...
Damn, I wonder who has been saying that on BGOL for years now. @Dr. Truth / @Dr. Fiction will call you a cac for calling out the Democrips and Rebloodpicans :lol:
 
I agree with everything everyone is saying, but as someone who is been paying student loans since 2011 and got mines discharged this year, this is a move in the right direction...

Like he should cancel more and I 100% behind that, but the BS I have been through and others in my shoe when other people were in office, the changes being implemented is a move in the right direction....

I am only saying this because this bitch that was over the Dept. of Ed. before this new administration wanted to do zero and give all the control and power over to the private student loan companies...If she was still there, this thread would not have even been created...
 
OutlawR.O.C. said:
I don't disagree with what he seems to be saying in this article.

From this article and what has been said in the past 56% of student loan debt is held by high income individuals who went to private colleges which he doesn't want to cancel.

He seems to he consistently saying he's willing to cancel all of the debt for individuals who make less than 125,000 a year or at least the undergraduate portion if their loans.

I can't really argue with that if it's what he is in fact thinking.
Click to expand...
The usual BGoL crackas like XCactor and the other always crying about Democrats faggots will still complain if that’s done. I really hate all these miserable losers. All they do is complain like sorry ass bitches who failed in life. They obviously broke and need some sort of saving from a white man in government.
 
I also think another issue is universities raising tuition constantly, especially during recessions. When I graduated in 2008, my school said they were increasing tuition. I'm in a career change so a school I visited during open house had a 62k tuition and the following year raised it by 2k to 64k. Schools really got to stop especially if they're hurting for students.

Mark Cuban was right.
 
mariano42 said:
I also think another issue is universities raising tuition constantly, especially during recessions. When I graduated in 2008, my school said they were increasing tuition. I'm in a career change so a school I visited during open house had a 62k tuition and the following year raised it by 2k to 64k. Schools really got to stop especially if they're hurting for students.

Mark Cuban was right.
Click to expand...

I totally agree and the Dept. of Education is looking into this...I will say I know alot of kids who are in school now that have not had to pay tuition while in school the last 2 years....Alot of schools have waived fees and tuition because of the pandemic...
 
mariano42 said:
I also think another issue is universities raising tuition constantly, especially during recessions. When I graduated in 2008, my school said they were increasing tuition. I'm in a career change so a school I visited during open house had a 62k tuition and the following year raised it by 2k to 64k. Schools really got to stop especially if they're hurting for students.

Mark Cuban was right.
Click to expand...

And that doesn't even include the books they force you to purchase for hundreds of additional dollars that they constantly "update" to ensure they continue selling which are sometimes written by the professors :curse:
 



The meat and potatoes:

"In addition to Make the Biden Administration’s October 2021 changes to the PSLF program permanent, the Simplifying and Strengthening PSLF Act would:

• ⁠Reduce the number of payments needed to qualify for PSLF loan forgiveness from 120 payments over 10 years to 60 payments over 5 years while working for an eligible employer;
• ⁠Allow any prior period of repayment to count as a qualifying payment, regardless of federal loan type, repayment plan, or whether payments were made in full or on time.
• ⁠Clarify eligibility of active duty military and Peace Corps volunteers whose loans were in deferment during their service tenure to expand participation in the program.
• ⁠Allow parent PLUS loan holders and couples who have previously joint-consolidated their FFEL federal loans to re-consolidate them into one Direct Loan for PSLF eligibility."
 
geechiedan said:
shits a pure scam..:angry:
Click to expand...
I cannot be the only one that understands what does “scam” means. Higher education nor the materials that help you attain it are scams. Scams by design can't last decades -- they are for a quick enrichment. I think the word you're looking for is fraud. But even fraud denotes criminality. It's not criminal it's legal. Maybe the word “humbug” is most appropriate.
 
Non-StopJFK2TAB said:
I cannot be the only one that understands what does “scam” means. Higher education nor the materials that help you attain it are scams. Scams by design can't last decades -- they are for a quick enrichment. I think the word you're looking for is fraud. But even fraud denotes criminality. It's not criminal it's legal. Maybe the word “humbug” is most appropriate.
Click to expand...
Fucked up is the appropriate term. Bullshit is more precise
 
One thing about republicans is, if they set their minds at something, no matter how deviant it is, they find some obscure rule available to pass it. Democrats will want to consult the ghosts of the ancestors before they move a single step. They're also amazingly bad at publicity.
 

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