Biden administration announces $39 billion in student debt relief for 804,000 borrowers
BY JARED GANS – 07/14/23 8:55 AM ET
The Biden administration has announced that it will provide $39 billion in total student debt relief for 804,000 borrowers, its latest step since President Biden’s student loan forgiveness plan was struck down by the Supreme Court.
The Education Department said on Friday that the relief is being provided on income-driven repayment plans, in which the federal government cancels remaining balances for the borrower after they have made their payments for 20 or 25 years.
The department said the “fixes” will more accurately count monthly payments that qualify under the plans, and it will notify borrowers who are eligible for the relief in the upcoming days.
I hope that if you get someone complaining about student loan forgiveness, that folks will bring up the complete transformation of the Public Service Loan Forgiveness.
Created in 2007, before the Biden Administration, there were a total of 7,000 people who had their loans forgiven.
7,000
7,000
Biden went in, and ordered a revamping of the rules, and cleaning up of the program to make it more accessible to those that have done the requirements.
Now?
OVER SIX HUNDRED THOUSAND APPLICANTS have seen their loans forgiven.
600,000 since Biden became President.
Don’t tell me that good government isn’t possible.
@dekeonethree:
No. Obama had to contend with 400 years of racism with EVERYTHING HE DID. And yet he was/is able to clear a path that Joe could not do on his own. What we now have is a near perfect symbiosis that is able to surmount all obstacles, open any door, speak and understand all language.
https://twitter.com/dekeonethree/status/1677985545379622912?s=20
@surrealnth:
Yup & if they’re not careful, this obvious attempt to diminish Obama just to elevate Biden, is exactly how Dems lose in 2024. This crazy spin has the potential to not only create such animus & division among Dems, but alienates tons of die-hard Obama voters that Biden will need.
https://twitter.com/surrealnth/status/1679578962723471366?s=20
@UncleScottiepoo:
I’d argue that Biden would not know how to deal with modern GOP nonsense had he not experienced what they put Obama through firsthand. I’d also argue that there is a not insignificant number of elected officials who are more comfortable with the president being an old white man.
https://twitter.com/UncleScottiepoo/status/1677797083406008320?s=20
@JonDArsen:
This is basically the endless, long, extenuating, and tired “let’s not pretend he’s special just because he’s the first black president” argument dragged on forever. It’s been happening from the day he entered office.
https://twitter.com/JonDArsen/status/1677902316337332225?s=20
@JonDArsen:
I’m sorry, I think Biden’s doing far better than I expected, but we don’t need a bunch of white dudes constantly trying to knock the guy who took years of death threats and some of the most horrific racist attacks in this countries history just to try to do some good.
https://twitter.com/JonDArsen/status/1677901208202227717?s=20
@ckieser13:
lol Truman, JFK, Clinton, and Obama were all better.
https://twitter.com/ckieser13/status/1679533614302625792?s=20
Chris D. Jackson
@ChrisDJackson:
Biden’s first term > Obama’s first term
https://twitter.com/ChrisDJackson/status/1677904183649771521?s=20
@GlintMrt:
Jul 9
This is why black folks are always skeptical of white liberals like Chris and the likes. To not acknowledge every barrier Obama had to pass through and was still was able to do a pretty damn good job is sick.
https://twitter.com/GlintMrt/status/1677995412571971586?s=20
@GlintMrt:
Jul 9
There is no Biden without Obama a man who ran for president and kept losing till he worked for a black president nd black folks saved his ass. Acting like Obama had the privilege to make errors like Biden or a scandal ridden drug addict son and not had the country eat him up. smh
Seems people forget easily in politics.
https://twitter.com/GlintMrt/status/1677996257174855684?s=20
@FishBanc:
As good a job as Biden has done, he has a different Congress and the party as a whole has moved farther left. Obama did a great job. But if he had this Congress back then? There’s no telling what else he would have done.
https://twitter.com/FishBanc/status/1677895177384624129?s=20
@surrealnth:
Many of the same virulently malicious “critics” on the right & left who for years endlessly attacked/undermined our historic POTUS & FLOTUS, banded together in 2020 as “nevertrumpers” & are now “allies” & “surrogates” effusive in support/praise of admin. Far less opposition today.
https://twitter.com/surrealnth/status/1679702682737733633?s=20
@surrealnth:
LOL. 4yrs of trump happened. Norms/Democratic institutions as we knew it, forever rubbished. New precedents have been set. More lax dynamic ripe for the plucking. Post-trump, any Dem pres would have done exactly this. No excuse not to. No tracking/outcry re: cost of stuff, helps.
https://twitter.com/surrealnth/status/1680897062966288384?s=20
@Yarper8888:
Yep, can’t really compare Obama and Biden presidency. Obama actually paved the way for Biden, and the Trump years also moved the Democrats much further to the left. If Obama was elected in 2020 instead of 2008, he would have governed similar to how Biden has done now.
https://twitter.com/Yarper8888/status/1678107215444549632?s=20
@surrealnth:
LOL. 4yrs of trump happened. Norms/Democratic institutions as we knew it, forever rubbished. New precedents have been set. More lax dynamic ripe for the plucking. Post-trump, any Dem pres would have done exactly this. No excuse not to. No tracking/outcry re: cost of stuff, helps.
https://twitter.com/surrealnth/status/1680897062966288384?s=20
@Yarper8888:
Yep, can’t really compare Obama and Biden presidency. Obama actually paved the way for Biden, and the Trump years also moved the Democrats much further to the left. If Obama was elected in 2020 instead of 2008, he would have governed similar to how Biden has done now.
https://twitter.com/Yarper8888/status/1678107215444549632?s=20
Houston Chronicle (@HoustonChron) tweeted at 4:45 PM on Sun, Jul 16, 2023:
This is the first year Texas has ranked dead last for quality of life, along with dropping out of the top five states for business for the first time. https://t.co/RToXrmNMcG
(https://twitter.com/HoustonChron/status/1680695074382913536?t=Qfa26x_myFuO6Wh8y63Wog&s=03)
Peanut asked me to buy her a graphic novel, and then she gave it to me once she finished it.
Title: The Black Mage
Synopsis:
When St. Ivory Academy, a historically white wizarding school, opens its doors to its first-ever black student, everyone believes that the wizarding community is finally taking its first crucial steps toward inclusivity. Or is it? When Tom Token, the beneficiary of the school’s “Magical Minority Initiative,” begins uncovering weird clues and receiving creepy texts on his phone, he and his friend, Lindsay, stumble into a conspiracy that dates all the way back to the American Civil War, and could cost Tom his very soul.
It was WILD!
Greg Sargent (@ThePlumLineGS) tweeted at 6:46 AM on Mon, Jul 17, 2023:
Here’s a big reason Jim Jordan’s hearings are such a disaster: He’s investigating so many conspiracy theories about the persecution of conservatives that MAGA is drowning in its own propaganda.
In this piece I count at least half-dozen key storylines. 1/
Greg Sargent (@ThePlumLineGS) tweeted at 6:55 AM on Mon, Jul 17, 2023:
Welcome to the “MAGA persecution complex” — the vast right-wing info ecosystem that incentivizes GOP lawmakers to pander to conservative victimization and grievance.
It’s feasting on so many tales of persecution that it’s eating itself to death. 2/
https://t.co/kqIPk6Bzcy https://t.co/Wpg82qliaO
(https://twitter.com/ThePlumLineGS/status/1680909149503143936?t=-RFCda5HMUffxmG3xk4WEA&s=03)
emptywheel (@emptywheel) tweeted at 11:33 AM on Mon, Jul 17, 2023:
The new discovery notice in Trump’s case says Trump got all grand jury testimony of witnesses who’ll testify.
I had noted that last week DOJ specifically referred to DC and SDFL — as if there might be other GJs.
https://t.co/izZujUADjG https://t.co/BMLFFVbvvr
(https://twitter.com/emptywheel/status/1680979094522015750?t=S6S32GOWJv-OdseZikIihg&s=03)
Billy Baldwin (@BillyBaldwin) tweeted at 9:52 AM on Fri, Jul 14, 2023:
Woke up this morning to learn that the Gilgo Beach serial killer suspect was my high school classmate Rex Heuermann.
Berner High School
Massapequa, New York
Class of 1981
Married, two kids, architect.
“Average guy… quiet, family man.”
Mind-boggling… Massapequa is in shock.… https://t.co/Tms0IWVazN
(https://twitter.com/BillyBaldwin/status/1679866405934764033?t=Wv89b9UxvAZfBhIqAAQiJg&s=03)
Katherine Faulders (@KFaulders) tweeted at 11:26 AM on Mon, Jul 17, 2023:
Special counsel has just reported a second handover of unclassified discovery in the docs case, including evidence obtained via subpoena and search warrants, witness interviews and other forms generated by the FBI.
(https://twitter.com/KFaulders/status/1680977190568046593?t=iqZ8l5GlgFAXKLKJvvNanw&s=03)
hmmmph
Ben Collins (@oneunderscore__) tweeted at 11:58 AM on Mon, Jul 17, 2023:
Wonder if there’s gonna be any accountability for the majority of TV economists who’ve been wishcasting an economic collapse for years if their wildest dreams of a recession never come true? Because it certainly looks like they were regurgitating bad info for three years.
(https://twitter.com/oneunderscore__/status/1680985338448171009?t=iJPqWhDC0AQxC9siJ1fCEg&s=03)
Cat, Reigning Typo QueenNO DMs (@typo_cat) tweeted at 2:35 AM on Mon, Jul 17, 2023:
Republicans Were No Shows at Annual Nat’l Governors Association Meeting
Politico: “There are 26 Republican governors. Three of them showed up here this week at the annual summer meeting of the National Governors Association. And of …
1/2
Cat, Reigning Typo QueenNO DMs (@typo_cat) tweeted at 2:35 AM on Mon, Jul 17, 2023:
2/ those three, one left after the first night, and another had little choice but to attend — his chairship of the group began at the conclusion of this year’s gathering.”
“After more than a century of bringing together the nation’s governors, the …
Cat, Reigning Typo QueenNO DMs (@typo_cat) tweeted at 2:35 AM on Mon, Jul 17, 2023:
3/ NGA — long a wellspring of ideas, forum for best practices and platform for innovating policymaking — is at grave risk of falling victim to the silos plaguing most every other element of American politics.”
I Stan Angela Bassett and Humanty🦋tiredofit10 (@tiredofit10) tweeted at 3:36 PM on Sun, Jul 16, 2023:
Justice Democrats tried to do a hostile takeover of the Democratic Party. They thought it would be easy peasy. They thought the base of the Democrats were dumb and didn’t know what was good for them. Black folk in this country didnt survive by being dumb. Not at all! The base👇🏾 https://t.co/Mn5QnP5pcO
(https://twitter.com/tiredofit10/status/1680677926893748226?s=02)
Ragnarok Lobster (@eclecticbrotha) tweeted at 2:03 PM on Sat, Jul 15, 2023:
Biden Harris just announced record fundraising while Justice Democrats just announced they’re laying off half their staff.
No doubt, the universe is unfolding as it should.
(https://twitter.com/eclecticbrotha/status/1680292059272314883?s=02)
Henry the Dog (@DogHerny) tweeted at 2:13 PM on Sat, Jul 15, 2023:
a clear real world demonstration why these people were desperate for Democrats to lose in 2016, 2020, 2022 and now 2024, the grift dries up when the vast majority of left voters get what they want
(https://twitter.com/DogHerny/status/1680294499384193024?s=02)
Percy Hopweather (@PercyHopweather) tweeted at 8:48 PM on Fri, Jul 14, 2023:
One more time:
Most, if not all members of “the squad” are also affiliated with “Justice Democrats”: a nominally “left™️” group with shadowy funding; who’s stated goal is a hostile takeover of the Democratic party.
Or, failing that: destroy it.
*Never* trust a “Justice Dem.” https://t.co/JEPTT3wETU
(https://twitter.com/PercyHopweather/status/1680031587520397314?s=02)
Anne T. Griffin | annetgriffin.eth (she/her) (@annetgriffin) tweeted at 11:01 AM on Sun, Jul 16, 2023:
Everyone should be watching the writers and actors strikes closely. You may *think* your job is safe from this too, but as someone who has been studying AI for a while, it’s not as safe as you think. This is a critical battle for the future of workers rights and a livable future.
(https://twitter.com/annetgriffin/status/1680608653760512000?t=uQvqDn1fD9aeFjMkyfm_FA&s=03)
The ReidOut (@thereidout) tweeted at 7:14 AM on Mon, Jul 17, 2023:
“To win elections you gotta read the room!,” Joy Reid tells Republican 2024 presidential candidates. “You listen to the American people, you pay attention to their priorities, and then those Americans vote based on what they want.”
WATCH FOR MORE: https://t.co/WoIIrmKfJ1
(https://twitter.com/thereidout/status/1680913751547994114?t=t-zYHja8yAyskUiPlLNDrw&s=03)
Aaron Rupar (@atrupar) tweeted at 7:36 AM on Mon, Jul 17, 2023:
Biden raised more than Trump and DeSantis combined https://t.co/qiny7gBbdf
(https://twitter.com/atrupar/status/1680919518699290627?t=dRrNV3RKdzDLU2J9Bw6pfw&s=03)
Judd Legum (@JuddLegum) tweeted at 7:36 AM on Mon, Jul 17, 2023:
1. A Popular Information analysis of @RobertKennedyJr’s first FEC filing reveals the lion’s share of Kennedy’s biggest donors have PREVIOUSLY DONATED ONLY TO REPUBLICANS
Follow along for details.
Judd Legum (@JuddLegum) tweeted at 7:38 AM on Mon, Jul 17, 2023:
2. Through 6/30, Kennedy’s campaign has collected the maximum, $6,600, from 96 individuals.
37 individuals have previously only donated to Republican candidates for federal office.
Only 19 have a history of consistently supporting Dem candidates
Judd Legum (@JuddLegum) tweeted at 7:40 AM on Mon, Jul 17, 2023:
3. Mark Dickson, a Californian who amassed a fortune in the aerospace industry, has donated more than 450K to federal candidates since 2015
The total includes $400,000 to Trump Victory
Dickson has NEVER supported a Democrat running for office
Until he maxed out to Kennedy
(https://twitter.com/JuddLegum/status/1680920464573493248?t=ULJCzdo856iIQjfG9fXePw&s=03)
THIS is why whatever Feinstein needs, she gets.
Nothing is more important than these judges.
Ben LaBolt (@WHCommsDir) tweeted at 6:36 AM on Mon, Jul 17, 2023:
CNN: Biden’s diverse judicial nominees move swiftly through Dem Senate … “The newly minted judges represent the culmination of promises by @POTUS and Democratic lawmakers to bring more diversity, including varied professional experiences to the bench.”
Herbie Ziskend (@HerbieZiskend46) tweeted at 6:48 AM on Mon, Jul 17, 2023:
President Biden has had more federal judges confirmed than President Trump, President Obama, and President George W. Bush had at this point in their presidencies. And President Biden has faced a closely divided senate.
Bill Kristol (@BillKristol) tweeted at 7:45 AM on Mon, Jul 17, 2023:
“Over the weekend, No Labels, the political organization that threatens to ensure Donald Trump’s election in 2024, issued its so-called 2024 platform. Sixty-three pages of political pabulum, the ‘platform’ is meant to soothe us to sleep…”
https://t.co/Ibzf9609mp
(https://twitter.com/BillKristol/status/1680921784827236355?t=4t4Z9bl40UOb3PvzOWDe9w&s=03)
Jon Cooper (@joncoopertweets) tweeted at 7:45 AM on Mon, Jul 17, 2023:
BOOM! The Kremlin blamed Ukraine for an attack last night on a vital bridge in occupied Crimea. The Russian military uses it to support its troops in southern Ukraine.
The traffic jam of Russians trying to flee Crimea is reportedly more than SIX MILES long. 🚗 https://t.co/dJVBhGSEDb
(https://twitter.com/joncoopertweets/status/1680921618648903680?t=VNW-pmMiMLRaUwelehaq9g&s=03)
Steve Schmidt (@SteveSchmidtSES) tweeted at 10:25 AM on Sun, Jul 16, 2023:
Ron DeSantis has < $9 million cash on hand for the primaries against a fantastically bloated payroll that is easily $1 million per month with all of the easy money already raised and lit on fire. LOL. The campaign needs to cut to < 12 staffers from its current 75+ in order to… (https://twitter.com/SteveSchmidtSES/status/1680599533632344064?t=GDXjqr0dpIp1RJrhsTR84w&s=03)
Christopher Webb (@cwebbonline) tweeted at 5:21 PM on Sun, Jul 16, 2023:
“2023’s Worst States To Live & Work” list is out and they all have something in common? They’re all red states.
1️⃣ Texas
2️⃣ Oklahoma
3️⃣ Louisiana
4️⃣ South Carolina – tied with
4️⃣ Alabama
6️⃣ Missouri
7️⃣ Indiana
8️⃣ Tennessee
9️⃣ Arkansas
🔟 Florida
All run by Republicans — bad for… https://t.co/k3zytBGYmy
(https://twitter.com/cwebbonline/status/1680704133345730560?t=olm4wa-X7Ne-H5GvKbLh_Q&s=03)
Brian J. Karem (@BrianKarem) tweeted at 10:07 PM on Sun, Jul 16, 2023:
Met a woman today at Bristols in Louisville.
Said she was a “Devout Christian.”
Everytime she meets a Trump supporter who claims to be Christian she asks them to name “One thing- not 2 or 3 or 4” but one thing Trump has done that Jesus would approve of.
“Nobody has ever named… https://t.co/NvCx0drFRk
(https://twitter.com/BrianKarem/status/1680776255455518721?t=Z4P1IgVARefbEK3XC8hLuA&s=03)
Ohio, what say you? 😡
Marc E. Elias (@marceelias) tweeted at 8:07 AM on Mon, Jul 17, 2023:
Frank LaRose is a proud vote suppressor and underminer of free and fair elections. Lets hope the media treats him as such.
https://t.co/5BYAylho3g
(https://twitter.com/marceelias/status/1680927204056657922?t=933KaCuHfecbcdQGAgvS0g&s=03)
Good Morning, Everyone😊😊😊