I will have to say that the Biden administration's forgiveness of student loans of 10k or 20k (depending on whether one qualified for a Pell Grant) is a step in the right direction, I for one will see almost my entire loan wiped out but for $2600. Furthermore, the directive permanently reforms the IBR program, which will cause a dramatic decrease in the debt burden. As head of the executive branch, Biden of course can direct the Department of Education to carry out these policies.
The GOP thinks they have an issue to run on by calling especially the poor and middle income people affected by this "bums" while trying to stoke resentment from those who paid their loans.
This of course is bullshit. By this logic, one should do away with bankruptcy laws because some people always pay their bills on time.
The media don't help matters when they lie about this directive being "challenged in the courts." By whom? On what grounds? Biden and other presidents have forgiven loans in the past, and nobody bothered to take these directives to court.
Meanwhile, the GOP is okay with rich people who were forgiven for the PPP loans.
Hypocrites all.
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