So we apparently decided that millionaires could get COVID loans forgiven and moved on, but regular folks can’t get any student loan forgiveness.
Every day I’m more disappointed in my home country.
we didn’t decide anything, the mechanism the elite put into our government to prevent true democracy once again worked for them and against us. Just like the Citizen’s United case.
Abort the Supreme Court
That was Congress approved though. Blame Congress. POTUS doesn’t have forgiveness powers. He has military and nuclear powers. Maybe he can nuke the bank computers?
Congress has always been hated. We have no faith in them.
Just another trying to blame the dems for the actual actions of Republicans. But morons gonna moron.
Technically Biden is the one that pushed the bill to make student loans immune to bankruptcy. The Republicans aren’t helping the situation, but that doesn’t change history
Declare war on debt.
Makes more sense than “war on drugs” and “war on terror”
This looks silly from an outside perspective:
IIRC the special thing about student loans in the US is that you cannot default out of them. So even if I go through bankruptcy, I will still owe this specific debt.
The obvious fix would be to deny student loans this special treatment.
I could imagine that this would also have a positive effect on the cost of tuition in the US, as the collection of these stupidly high debts would be far from guaranteed.
edit: spelling
The obvious fix would be to deny student loans this special treatment.
The student loan industry is built on this exception, so eliminating it will be a big mountain to climb
The obvouis fix would be to deny student loans this special treatment.
Unfortunately we’re not going to get this anytime soon. The Republicans are against it, and Biden was the one who introduced the bill making student loans work this way.
Spoiler, democrats are against it too. They just pretend to be for it to gain votes.
Democrats are only progressive by virtue, but they are all republicans behind the scenes.
It’ll always be rich vs poor while they convince us it’s left vs right.
Oh give me a break. If you take a look at voting records on controversial bills designed to make the average person’s life harder, it’s usually republicans voting for it and democrats against it, and vice versa if it’s something that would make the average person’s life better. Of course, SOPA was a significant exception, it had more dems voting for it than repubs.
Basically it’s a question of “bad right-wing capitalist party” and “very bad ultra-right wing late stage capitalist party”. One is bad because they’re taking a bunch of corporate donations, the other one already wants you to be jailed, dead or in debt if you’re not white, christian or straight enough, but ALSO takes all the corporate donations they can get.
You’re right that it’s rich vs poor not left vs right, but the thing is that the right generally sides with the rich way more than the poor. They’re always for more corporate freedom and less consumer protections, etc. Of course the US democratic party isn’t socialists - they only support SOME social programs, but overall are still capitalists. But it’s still better than actively trying to destroy any chance of socialized healthcare, education, etc.
You might not be trying to do it on purpose, but the whole “both sides are the same thing” argument is an actual right-wing strategy to disenfranchise younger, less active voters who’d vote for left-wing politicians, because older people, more likely to vote right-wing, are much more reliable voters. There is a bit of truth to it, but it’s nowhere near the whole truth.
Na, this exact line of thinking is why we are stuck in a 2 party system where nothing ever changes and the rich get richer.
But go ahead, keep pretending that it’s only republicans who hate you. In reality both hate you, except the dems just fly a rainbow flag and pretend to give a fuck.
Good cop, bad cop is the oldest trick in the book and people like you actually believe the good cop is on your side.
But the fix to the 2 party system isn’t not voting, the fix to the 2 party system is getting rid of fttp. You’re just spouting republican propaganda that gets them in power fairly reliably.
You keep talking about republican propaganda, as if democrat propaganda doesn’t exist.
Leave that bs mentality on the front page of Reddit where it belongs.
Not saying it doesn’t, but you’re spreading a very specific type of republican propaganda that they’ve been using for a while now, and very effectively. It definitely helped get Trump elected.
Ok, and how does your way of thinking fix being stuck 2 party system where nothing ever changes and the rich get richer?
If you have a realistic plan for sistemic change sign me up, otherwise the only option we have in this pathetic excuse for a democracy is to keep voting for the lesser evil and against the fascists
dam so they paying back all the PPP money they
stoleused??It should be Ilegal to pay for education
That’s the dumbest thing I’ve read today
Finland is doing it and they are much better off then us.
If por and rich kids are forced to go to the same schools, rich parents will have to make donations to increase the school’s quality…
FINLAND is doing it already and they are DOING MUCH BETTER THAN US…
It should be illegal to get education.
The combination of your statement and your username is quite ironic.
I will spam post this to all you troolls that apparently are satisfied with the current system that treats people like shit.
Me on the other hand, have a tendency to look for systems already in place that are outsucceding ours.
For the record im a Portuguese, studying abroad so it’s not like I don’t have privileges that others don’t have.
That makes me think, bc some people out there deserve better resources. They are doing as well(if not better) as me with half of what I got…if that is not unfair then idk what is
Finland is doing it and they are much better off then us.
If por and rich kids are forced to go to the same schools, rich parents will have to make donations to increase the school’s quality…
FINLAND is doing it already and they are DOING MUCH BETTER THAN US…
This has no relevance to what I said. Perhaps you replied to the wrong comment?
somehow every kind of bank, business, and rich person can get tax breaks, and bail outs yet average middle class people can’t get some help on their student loans.
unsurprising, it was basically judged as setting a horrible precedent from the beginning.
go into debt? you pay your debt. full stop, end of discussion.
want to change that? get congress to change how laws work
You mean like by passing a law to allow the Secretary of Education to cancel loans?
Why just student loans? Why not all loans?
"A horrible precedent of slightly more affordable education.
Born into indentured servitude? Work it off."
These are poor defenses of the current US debt system.
Cases of precedent affect legislation.
maybe you should start a grassroots campaign then.
There are plenty of campaigns against for-profit debt already making progress.
Besides, the data is already all out there, and that’s what I’m interested in spreading.
Costs less than a percent of the US budget to pay for free higher education, and in 2-8 years, the US would have a new productive generation of doctors, scientists, engineers and other professionals. It’s a pretty obvious win.
Some of the craziest conversations I have had are with libertarians.
“We don’t need a department of education, we just need to be friends with our neighbors and the neighborhood pools it’s money to hire teachers who come from somewhere that we all agree are great because in this fantasy I get along with all of my neighbors perfectly and our values are aligned and then we rent a building or we build a building or we use someone’s home and we just teach the kids there!”
Oh like public school? Like a public school with extra steps?
I love how folks like to pick political ideologies like their favorite sports team. Like you can only use one tool to build a house.
The SCOTUS is illegitimate at this point. Prepare for years of terrible decisions. Or, do what I’m doing. Expatriate. This shit’s beyond saving during this lifetime.
It’s not much better in other places. Lots of us rely on being “better than the us” so as it slides, so do we, just a few meters behind.
Politicians need to actually feel concerned about how the people they are hurting will respond. Currently they know there will be nothing more than a few grouchy news articles and upset social media comments.
Except the French. They start a riot for every small change.
I’m glad people have correctly realized that the French should be associated with violent anti government riots and not surrendering. That was a meme that needed to die.
Disappointed, but it makes sense that decisions with such huge implications should be clearly made by the legislative branch, not just at the whim of some executive department.
yep. if something like debt forgiveness has a lot of bipartisan support, it should be an easy bit of legislation to pass.
this is the kind of US-centric topic I don’t want to see on main. a tragic story, yes, but not relevant to the instance, lemmy, or the fediverse as a whole, sorry.
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Millennials and Gen-Z are going to remember this on election day.
GOP can’t coast on Gen-X and Boomers alone
So… Can someone explain me the American democracy? There are 9 people from the supreme court and they decide in 9-people-elections what to do? Is that right so far?
They aren’t even elected. They’re appointed. For life.
Peak Democracy.
Finally. Thank God we have a same court to balance out the white house.