Summary

President Biden announced student loan forgiveness for 150,000 additional borrowers, raising the total to over 5 million under his administration.

The latest beneficiaries include borrowers defrauded by schools, individuals with disabilities, and public service workers.

Biden emphasized his focus on expanding pre-existing forgiveness programs after his broad plan was struck down by the Supreme Court in 2023.

Conservatives and Trump argue the efforts overstep executive authority and unfairly shift costs.

Biden called the initiative a fulfillment of his promise to reduce financial barriers to education.

  • PyroNeurosis
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    8 hours ago

    You’re telling me that before this, borrowers defrauded by schools were just told “lol, sucks to suck?”

    • Iceman@lemmy.world
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      18 hours ago

      He’s leveled up. Now he’s doing to little to late! Good job Grampa, hope you remember us as we all get to enjoy Trump.

  • HubertManne@moist.catsweat.com
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    2 days ago

    this guy is a saint the way he keeps going despite the crap he gets for not doing more even knowing each bit of more is not enough for many folks.

    • timbuck2themoon@sh.itjust.works
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      19 hours ago

      There are way too many people who fault you and your effort if it’s not perfect in their eyes.

      Those people are to blame for our current situation too.

      • HubertManne@moist.catsweat.com
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        19 hours ago

        yeah I basically feel this way. I also think there is a lot who can’t possibly see their own innactions or actions as being bad and blame everyone else.

  • grue@lemmy.world
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    2 days ago

    ITT: liberal apologists getting BIG MAD that the rest of us aren’t buying their spin trying to give credit to Biden for merely enforcing the existing law.

    • Eugene V. Debs' Ghost@lemmy.dbzer0.com
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      21 hours ago

      Liberals would rather treat complying with helpful laws set up a decade ago is a win to secure the vote (if we get to vote ever again) when he failed to cancel debts that he literally set up as a Senator.

    • FabledAepitaph@lemmy.world
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      1 day ago

      Yeah, I didn’t see anybody else enforcing that law or making sure these people were taken care of. Biden administration stepped in and made them follow the law, which would never have happened otherwise. This is the best he could do after his main plan was shot down by Republicans and the Supreme Court.

      The President isn’t all-powerful in America and only has so much reach–and that’s a good thing when somebody like Trump comes in and wants to be the next dictator.

      • Eugene V. Debs' Ghost@lemmy.dbzer0.com
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        21 hours ago

        The President isn’t all-powerful in America and only has so much reach

        Except the SCOTUS ruled otherwise, and Biden can somehow send endless arms to Israel, but not Ukraine.

        Can somehow violate federal laws to build the wall on Mexico “because congress paid for it” but can’t ensure right to abortion.

        At some point, you gotta ask “Why are is the US government able to do horrid things without question, but helping people always has an excuse that prohibits it from being done?”

    • 4am@lemm.ee
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      2 days ago

      The fact that you began this comment with “ITT” makes we wonder if you’re doing a bit or not

      • grue@lemmy.world
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        2 days ago

        The fact that you’re not refuting me makes me know you know I’m correct.

        • Bremmy@lemmy.ml
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          8 hours ago

          That person was wondering about a question and you implied your own bias. Makes taking anything else you say less credible