He still has time to do loan forgiveness "helicopter money" style. But even if all we got was an expansion of targeted relief programs I think it totally counts as fulfilling his talking point. The issue with student debt is that for some people there's no way out, but generally speaking college-educated people are more well-off and forgiving all debt would be a regressive stimulus that targets the wealthier side of the population. Targeted relief is a great way around that.
No. The previous guy installed people in the DOE that made it virtually impossible to forgive the loans even after they jumped through all the hoops to qualify under the law.
All Biden's administration is doing here is ungumming people who were eligible years ago. This is cleanup from the prior administration
MCllorf|3 years ago
jatone|3 years ago
also regressive stimulus are not even a thing. maybe you're thinking of regressive taxes? which still wouldn't be right.
LimaBearz|3 years ago
All Biden's administration is doing here is ungumming people who were eligible years ago. This is cleanup from the prior administration
jatone|3 years ago
when in reality: hes done jack shit except what already is suppose to happen!
I promise you biden's PR group is the force behind these articles.