Whatever happened to federal student loan forgiveness?
Feels like something my wife and I signed up for ages ago and haven't seen a penny. Not that I find it at all surprising, but it feels like it got pretty close to actually happening...
If you aren't from the US, how was your higher education experience?
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Biden has been fighting for it. The Republicans have been hard against it and pushing back. It’s going to the courts now.
except he hasn't. at most he said something about 10k being cancelled, not student debt entirely. meaning many people will still have plenty of debt even if biden's thing passes.
this is literally a case of you preferring perfect over good actually being done, to the detriment of everyone. while i would also prefer total cancellation, for a majority of debt-holders, up to $20k in forgiveness would wipe out their student loan debt.
to put it another way: a much more constructive way of considering this policy, in my view, is to frame it as "this is good... and we can make it better", not to downplay how substantial even this cutoff point is for a huge number of people. it's not Bad Actually because we're only ending student loan debt for like 50% of borrowers and not 100%!