Biden launches ‘most affordable ever’ student loan repayment plan
theguardian.com
Federal student loan borrowers can expect “the most affordable student loan plan ever”, Biden said in a video address on Tuesday announcing significant changes to the debt from higher education held by over an eighth of the country.
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There just shouldn't be an interest rate. It's for education, you're not investing it in commodities except ur big brain.
Sounds great, but someone would sue again. A loan servicer if not a republican
Let them. Let republicans sue and drive the youth vote away further, let loan servicers emphasize how fucking ghoulish they actually are. Let it fuel actual legislation to change this shit.
They aren't trying to win the current youth vote really, they're already enacting sweeping educational changes in Republican controlled states to just indoctrinate the next round of youth voter at the start.
Oh yes, the PragerU strategy
Good luck with that. Does anyone really think passing gag rules about the LGBT is going to even wiggle the needle? Even in a pre-internet era no self-respecting teen is going to think religious grandpa bullshit is worth shit.
Not someone. It was CATO. it was CATO that sued twice. Their argument was that with less needy people they would have problems hiring. This is from their filing btw.
Just so anyone is unaware, under the old system if you worked for CATO you were working for a non-profit which meant after dla decade you would be eligible for a lot of student loan breaks.
We are paying people to work for a lobbyist and when there was talk of stopping that the lobbyist sued. Never ever ever forget that it was CATO that did this. Not just someone.
Set it to 0.1-1%.
Still billions of profit for loan vampires, and a much, much reduced burden for actual people.