Fucking hate the Imperialist Democratic Party, and think there's basically no chance they'll actually pass meaningful student debt relief under Biden.

But a universal vanquishing of the first $50,000 held in student debt by graduates will meaningfully improve the conditions of tens of millions of Americans; for both graduates, and those who did never attended a post-secondary institution alike.

57% of Americans support "forgiving up to $50,000 in student loans for individuals who live in households that make less than $250,000 a year", including a majority of those who never attended a College.

This just seems rich considering Chapo often mocked liberals who were incapable of admitting that Trump can do good things at times, and now they may fall into the same trap of opposing on instinct everything coming from the Biden camp.

Actually people should keep suffering, because stopping it with the stroke of a pen would alienate the working class

  • T_Doug [he/him]
    ·
    4 years ago

    It's not a bailout plan for Colleges lol, they've already got the money from Student Loans. 92% of Student debt is held by the Department of Education.

    It is a popular policy among a majority of Americans, as you can see in the poll I linked at the top. A majority of both College Graduates, and those who never attended support Student Loan forgiveness.

    Two thirds of High School grads these days go on to University, it's not some sort of boutique PMC only issue as you portray, a University degree is increasingly becoming as necessary as a High School Diploma in the modern workplace, and it's not great that it near universally necessitates a great deal of painful debt.