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

  • hazefoley [he/him]
    ·
    4 years ago

    I don't he can wipe out private debt. Federal loans are like 85-90%

    • Speaker [e/em/eir]
      ·
      edit-2
      4 years ago

      I wanna be clear: He can do whatever he wants because he controls the Treasury, whence came all the dollars that were once lent to me to pay my school, the same dollars which I am now paying back to some ghoulish private loan company.