Open Thread | The Blanket Forgiveness of Student Loans is a Scam. A Sham.

President Biden DID NOT RUN FOR PRESIDENT ON BLANKET STUDENT LOAN FORGIVENESS.

STOP LYING ON HIM.

The blanket forgiveness isn’t something he has promised.

Period.

It is not something that he can do via Executive Order.

What he CAN DO IS…..

Sign a Student Loan Forgiveness Bill that passes both houses of Congress.

So, tell your favorites to write the damn bill.😠😠

Can 46 instruct his Administration to clean up the problems in the Public Interest Repayment Program and the Income Based Repayment Program?

Yes.
And, cleaning up those programs would help many.

$10,000 in forgiveness will help a lot of people:

Derek John Honore (@derek_honore) tweeted at 11:12 AM on Sun, May 01, 2022:
Only 7% of student loan debt holders owe more than $100k in student loans, but they owe over $580 billion—more than a third of all student loan debt. These are the loud voices on Twitter.

A $10k write off would ELIMINATE student loan debt for about 31% of all borrowers.

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2 Responses to Open Thread | The Blanket Forgiveness of Student Loans is a Scam. A Sham.

  1. rikyrah says:

    Uh huh

    Uh huh

    Republicans, on cusp of abortion win, seek to change the subject
    They had been on the rhetorical offensive against Democrats. After the Supreme Court leak, it’s the GOP searching for the right message.
    By Mike DeBonis
    Yesterday at 7:13 p.m. EDT

    Every January, congressional Republicans have marked the anniversary of the 1973 Supreme Court decision in Roe v. Wade with a political ritual.

    They host constituents joining the annual March for Life and often participate themselves. Many give speeches on the House and Senate floors decrying the court’s establishment of a constitutional right to abortion. And, if they are in the majority, GOP leaders hold votes on bills that would further restrict that right — heralding a day when Roe might be rescinded entirely.

    That day now appears to be at hand. An extraordinary leak of a draft opinion this week indicated that the Supreme Court may be on the cusp of overturning Roe and probably triggering new restrictions on abortion in some two dozen states. Yet few Republicans have openly celebrated, even though Justice Samuel A. Alito Jr.’s opinion would, if adopted by the court, fulfill what is perhaps the conservative movement’s single most enduring policy goal.

    Instead, many GOP lawmakers — including Senate Minority Leader Mitch McConnell of Kentucky, an architect of a conservative revolution in the federal courts — said they were more concerned about the leak and its implications than the substance of the opinion. Many ascribed the subdued reaction to mere wariness over celebrating a decision that has not actually been handed down.

    ……………..

    For months, the GOP has been on the rhetorical offensive against President Biden and fellow Democrats — hammering them on the Afghanistan withdrawal, on increasing homicide rates, on a chaotic southern border and on seemingly ever-rising inflation. But, unlike with those issues, public opinion runs sharply against the GOP on abortion, suggesting the party could pay a significant political price if Roe is overturned. A new Washington Post-ABC News poll found 54 percent of Americans want the ruling upheld vs. 28 percent wanting it overturned.

    https://www.washingtonpost.com/politics/2022/05/04/republicans-abortion/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJzdWJpZCI6IjQzMTc2OTgxIiwicmVhc29uIjoiZ2lmdCIsIm5iZiI6MTY1MTc1NTQzOSwiaXNzIjoic3Vic2NyaXB0aW9ucyIsImV4cCI6MTY1Mjk2NTAzOSwiaWF0IjoxNjUxNzU1NDM5LCJqdGkiOiIwMzFmYTAzYy1kODdkLTRjOTItOTI5ZS1iYTI2MzA5MmI3YzIiLCJ1cmwiOiJodHRwczovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vcG9saXRpY3MvMjAyMi8wNS8wNC9yZXB1YmxpY2Fucy1hYm9ydGlvbi8ifQ.TooRhAbJafGkLWmTXuEhSJeGNdwfa4e1E7RmdvuXHQg

  2. rikyrah says:

    Good Morning, Everyone😊😊😊

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