Biden doesn't want to fight for 50,000 student loan relief. It's too hard

Flawless

Flawless One
BGOL Investor
Bro I don't even like engaging in this because it's ridiculous. They are the same the system is the problem. Ya Dems have the house and the Senate it's bs. They pass what they wanna pass.
Dems do not have 60 votes to pass legistlaton, please explain how they could do this.
 

Camille

Kitchen Wench #TeamQuaid
Staff member
Dems do not have 60 votes to pass legistlaton, please explain how they could do this.

He knows this. They don't want to vote for dems to give them the numbers they need, but want to fuss and moan when they can't pass anything because of obstruction, but want to with hold votes until they deliver on promises they can't pass because they need 60 votes. I would say he's frickin insane, but it's a planned strategy to sow discontent and discourage black folks from voting.
 

gene cisco

Not A BGOL Eunuch
BGOL Investor
He knows this. They don't want to vote for dems to give them the numbers they need, but want to fuss and moan when they can't pass anything because of obstruction, but want to with hold votes until they deliver on promises they can't pass because they need 60 votes. I would say he's frickin insane, but it's a planned strategy to sow discontent and discourage black folks from voting.
Yeah, but the bigger problem is Biden spent decades creating the student loan problem that the ignorant now want him to fix. Literally can't make this up that so-called 'educated' voters don't know how the student loan problem came to be.

I know all the politically educated posters on BGOL already know about Biden's receipts for creating the student loan problem. They just voted for him to get Trump out. But all the liberal arts majors on twitter trying to educate people really have no clue about this guy. :smh:

And as far as rhetoric, the shit Biden doesn't need 60 votes for, I seen him tell people tax payers shouldn't be on the hook. Again, we are back to 'how government works" instead of that king/tyrant shit. It's a process. So on and so forth. Words don't matter no more when it's time to pay the bills. When it's time to campaign for votes, the rhetoric is there though. Funny how that works.
 

Supersav

Rising Star
BGOL Investor
He knows this. They don't want to vote for dems to give them the numbers they need, but want to fuss and moan when they can't pass anything because of obstruction, but want to with hold votes until they deliver on promises they can't pass because they need 60 votes. I would say he's frickin insane, but it's a planned strategy to sow discontent and discourage black folks from voting.
I don't know that I've told you I don't participate in the foolery. I do know that I've been around long enough to see Dems make promises and not follow thru no matter what. I also know that you are better than Gary Payton in his prime
 

VAiz4hustlaz

Proud ADOS and not afraid to step to da mic!
BGOL Investor

VAiz4hustlaz

Proud ADOS and not afraid to step to da mic!
BGOL Investor
I don't know that I've told you I don't participate in the foolery. I do know that I've been around long enough to see Dems make promises and not follow thru no matter what. I also know that you are better than Gary Payton in his prime

Camille be like "come down the hole against the Democrats if you want to!"

giphy.gif


"And don't even try coming at me with your 'facts' and 'stats'!"

bruce_bowen_kicks_wally_szczerbiak_in_the_face-584-1_medium.gif
 

Camille

Kitchen Wench #TeamQuaid
Staff member
I don't know that I've told you I don't participate in the foolery. I do know that I've been around long enough to see Dems make promises and not follow thru no matter what. I also know that you are better than Gary Payton in his prime

Whether you vote or not, you are affected by whatever our govt does. For someone who doesn't participate in the process, you sure do stay in threads following the process and bitching about it non stop.
 

Flawless

Flawless One
BGOL Investor
Umm....they could end the filibuster, but:

Biden says eliminating filibuster would "throw the entire Congress into chaos"

So now it's Biden's fault for not eliminating the filibuster which has been around for more than 100 years. You do understand why ending the filibuster would be a bad idea especially if Republicans have the majority right?
 

Supersav

Rising Star
BGOL Investor
Whether you vote or not, you are affected by whatever our govt does. For someone who doesn't participate in the process, you sure do stay in threads following the process and bitching about it non stop.
I find it amusing that people really believe that a group of rich white men hold their best interests at heart and not their own self Interest
 

Supersav

Rising Star
BGOL Investor
So now it's Biden's fault for not eliminating the filibuster which has been around for more than 100 years. You do understand why ending the filibuster would be a bad idea especially if Republicans have the majority right?
But they don't
 

Flawless

Flawless One
BGOL Investor
Exactly. And if they actually eliminated it and pushed through some productive legislative and the Democratic base could see that they're actually doing something, they made be able to keep their majority.
ok and then when republicans have the majority and want to pass legislation that prevents black people from voting who will stop them?
 

c_commander

Up and Coming Asshole
BGOL Investor
If Dems tried to pass a Student loan forgiveness bill would Republicans give them the votes they need to pass it?
That's what executive orders are for. Act now worry about their reaction to it later. At some point he needs to stop worrying about Republican politicians and worry about the voters(Democrat, Republican and Independents). Some people who paid their loans off already may complain but the overwhelming majority of people will give him credit.
Umm....they could end the filibuster, but:

Biden says eliminating filibuster would "throw the entire Congress into chaos"
Considering the Congress spends most of their time doing nothing aside from complaining about the other side, fundraising and going on break so what. Filibuster is just allowing the status quo to remain intact more than anything.
So now it's Biden's fault for not eliminating the filibuster which has been around for more than 100 years. You do understand why ending the filibuster would be a bad idea especially if Republicans have the majority right?
Republicans don't give a fuck whether there's a filibuster or not. All they have done recently is confirm judges, change election laws in order to restrict voting and cut taxes for the rich. Policy is not something that they actively engage in. Besides if getting rid of the filibuster leads to the enaction of policy that people like you get credit and when Republicans turn around and do their typical bullshit(which they're gonna do anyway) they'll take the negative hit.
 

Flawless

Flawless One
BGOL Investor
Who’s stopping them now? Dems have Congress and the presidency and still can’t do it.

They dont have the votes, if Biden used Executive order to get everything they wanted what would stop the next Republican president from doing the same?
 

RoadRage

the voice of reason
BGOL Investor
Student loans is a trillion-dollar industry that many peoples 4ok (sallie mae) and the economy is dependant on. In other words, since 1973 they thought it was a good idea to build wealth by feeding off its youth.
In my opinion, it's nothing more than an elaborate modern indentureship, pyramid scheme, to jump-start a stagnant economy by jeopardizing future prosperity (a.k.a. a ticking timebomb that is now at the point of impossible to retract).
 

VAiz4hustlaz

Proud ADOS and not afraid to step to da mic!
BGOL Investor
They dont have the votes, if Biden used Executive order to get everything they wanted what would stop the next Republican president from doing the same?

We just went over this. :rolleyes2: We talked about ending the filibuster already: https://www.brookings.edu/policy202...uster-and-what-would-it-take-to-eliminate-it/

Second of all, EOs can get the ball rolling on certain issues. But they can also be challenged in court. Look at what happened to many of Trump’s EOs.

Lastly, STOP LIVING IN FEAR OF THE GODDAMNED GOP! “What about Trump? What about the Republicans? What if they win?” Niggas are scarier than Scooby-Doo!

The most draconian GOP policies (more like “restrictions” since they really have no “policies” anyway as c_commander has already noted) would hit women, immigrants, homosexuals/transgenders, all income classes below the top 10%, most ppl who work for a living, ppl who like clean air and water……and this is just on the domestic side. So basically the vast majority of the population would take a hit. Let them learn the hard way.

And as far as Black ppl are concerned, we really don’t have shit anyway and are on pace to really not have shit………….but too many are loathe to acknowledge that, especially on this board.
 

scullydog

Rising Star
Platinum Member
He knows this. They don't want to vote for dems to give them the numbers they need, but want to fuss and moan when they can't pass anything because of obstruction, but want to with hold votes until they deliver on promises they can't pass because they need 60 votes. I would say he's frickin insane, but it's a planned strategy to sow discontent and discourage black folks from voting.
I'm not voting for none of the motherfuckers. If the ship's burning, then down goes the ship. All we do is kiss ass and take the shit from Dems. Fuck em, and motherfuck Repugs. We need to show these motherfuckers and we need to start our own party and take care of our own people.
 

donwuan

The Legend
BGOL Investor
Borrowers are finally starting to get their student loans forgiven under a new expanded program recently announced by the Biden administration.

Biden’s Expansion Of Student Loan Forgiveness Program For Public Service Workers: A Breakdown

Last month, the Biden administraiton announced a new expansion of the Public Service Loan Forgiveness (PSLF) program, which can wipe out the federal student loan debt for borrowers after 10 or more years of qualifying public service employment for nonprofit or public organizations.

Historically, the PSLF program has had confusing eligibility criteria, and it has suffered from low approval rates for years. But under the new “Limited PSLF Waiver” program, announced by the Education Department on October 6, the administration will temporarily relax some of the PSLF program requirements, allowing borrowers who made payments on non-Direct federal student loans (the “wrong” kind of loan, such as FFEL or Perkins loans), or under a non-income-driven repayment plan (the “wrong” kind of repayment plan) to potentially get those payments counted. The Department also will count payments that were previously rejected on technical grounds, such as timeliness.

Borrowers Are Starting To Receive Student Loan Forgiveness Under Expanded PSLF Program

This week, thousands of borrowers have started receiving notices that their federal student loans have been forgiven under the Limited PSLF Waiver program. A Department of Education source confirmed that approximately 10,000 borrowers have received $715 million in student loan forgiveness. Another 20,000 borrowers are expected to receive an additional $1.2 billion in student loan forgiveness soon.
 

donwuan

The Legend
BGOL Investor

There are only 92 days until federal student loan payments make their comeback—plus conversations about the possibility of debt cancellation are ongoing. Since his inauguration in January, President Joe Biden has canceled more than $11 billion in targeted student loan debt, but that amount only accounts for less than 1% of all federal loans.

So far, debt cancellation has helped borrowers who attended now-defunct institutions, borrowers with total and permanent disabilities, and public service workers. Democrats, however, are continuing to push Biden and the U.S. Department of Education to make moves on more widespread student loan debt forgiveness amid negotiations on the president’s Build Back Better framework.
The goal of the BBB budget is to “rescue, recover, and rebuild the country,” according to the White House, and addresses issues ranging from childcare to climate change to Medicare expansion. The budget for BBB was recently slashed from $3 trillion to $1.75 trillion.

“I think given how much [Build Back Better] has been slashed there is more opportunity than ever to bring the heat on Biden to cancel student loans,” U.S. Rep. Alexandria Ocasio-Cortez said in an Instagram story on Oct. 28, the same day Biden released an updated framework for the BBB budget resolution.

On the presidential campaign trail, Biden promised to immediately cancel $10,000 in student debt per borrower, but that hasn’t happened. He disagrees with other Democrats—including Ocasio-Cortez, Senate Majority Leader Chuck Schumer, and Sen. Elizabeth Warren—on two main student loan forgiveness elements: how much debt should be canceled per borrower and how the debt should be forgiven.

Democratic leaders have pushed Biden to cancel up to $50,000 in debt for federal student loan borrowers, but he won’t budge. When asked at a CNN town hall on Feb. 17, 2021, how he would make the $50,000 in forgiveness per borrower happen, he responded: “I will not make that happen.” Instead, he said he was “prepared to write off” $10,000 in debt per borrower.

Biden also said during the February town hall that he doesn’t want to forgive debts from borrowers who attended elite schools, arguing that money would be better spent on early childhood education.

“Who cares what school someone went to?” Ocasio-Cortez tweeted in response. “Entire generations of working class kids were encouraged to go into more debt under the guise of elitism. This is wrong. Nowhere does it say we must trade-off early childhood education for student loan forgiveness. We can have both.”
 

donwuan

The Legend
BGOL Investor
Does Biden have the authority to cancel student loans en masse?

Ocasio-Cortez, Schumer, and Warren also argue that Biden has the executive power to cancel student loan debt en masse.

“He doesn’t need [Sen. Joe] Manchin’s permission for that, and now that his agenda is thinly sliced, he needs to step up his executive action game and show his commitment to deliver for the people,” Ocasio-Cortez said on Instagram on Oct. 28. “We need to get this done.”

Biden has previously disagreed with this assessment.

“I don’t think I have the authority to do it by signing [an executive order],” Biden said during the February 2021 town hall. Speaker of the House Nancy Pelosi agrees with Biden, saying that this type of debt cancellation could be accomplished only by an act of Congress.

“People think that the president of the United States has the power for debt forgiveness,” Pelosi said in July. “He does not. He can postpone, he can delay, but he does not have that power.”
 

notreally

Rising Star
Registered
Does Biden have the authority to cancel student loans en masse?

Ocasio-Cortez, Schumer, and Warren also argue that Biden has the executive power to cancel student loan debt en masse.

“He doesn’t need [Sen. Joe] Manchin’s permission for that, and now that his agenda is thinly sliced, he needs to step up his executive action game and show his commitment to deliver for the people,” Ocasio-Cortez said on Instagram on Oct. 28. “We need to get this done.”

Biden has previously disagreed with this assessment.

“I don’t think I have the authority to do it by signing [an executive order],” Biden said during the February 2021 town hall. Speaker of the House Nancy Pelosi agrees with Biden, saying that this type of debt cancellation could be accomplished only by an act of Congress.

“People think that the president of the United States has the power for debt forgiveness,” Pelosi said in July. “He does not. He can postpone, he can delay, but he does not have that power.”

Wow. I am shocked, shocked and appalled that Pelosi doesn't think he has the power. If the president were republican, and they wished to do such a thing, it would have been done months ago.

The democrats are GELDINGS. The progressive wing is actually the group that hold true to the values too many people ASSUME moderate democrats do.

All he has to do is sign the goddamned executive order. Neither congress, nor the scotus have an army to enforce their "theories" to the contrary. This was made clear when Jackson ignored the court and congress to orchestrate the Trail of Tears debacle.

Moderate (corporate dems):

Universal health care won't work.

Student debt cancellation won't work.

Banning assault weapons won't work.

Expelling members of congress who orchestrated the coup won't work.


Getting rid of the filibuster to pass voting rights legislation won't work.

In the real world, corporate democrat types are called "enablers".

And they are right this moment enabling white supremacists to turn the U.S.A. into a de-facto
literal racist, fascist state. This is not hyperbole.
 

tebriel69

Rising Star
BGOL Investor
I’m just waiting for my loans to be forgive. Done the PSLF before this got announced. But with the overhaul I’m damn near guaranteed to get it. I actually have just at 10k which ain’t shit next to most people. I think the average debt is like 40k? I think it would help a lot of people. However, like someone previously said, it makes more sense to fix the system that perpetuates this debt. Ivy League schools like Harvard have 30 BILLION dollars in endowments. Tuition goes up annually. Are they going to wipe debt away every other decade or something? Additionally, people have got to take some responsibility too. You can’t pick a degree in a field (like say geology or some other obscure degree) and expect to live a nice upper middle class lifestyle with 2 big vacations a year and a comprehensive benefits package. Drs, dentists and professions like that have enormous costs but it’s understood that completion of certification in those fields means you’ll be a high earner. People gotta stop picking jobs and careers based off emotions and feelings and think about longevity. Do u need/want money or not? If not fine. Go be an activist and do something that brings you joy and emotional peace. But don’t complain if you struggle to pay the bills. Starving artists anyone?
 

mariano42

Rising Star
BGOL Investor
I’m just waiting for my loans to be forgive. Done the PSLF before this got announced. But with the overhaul I’m damn near guaranteed to get it. I actually have just at 10k which ain’t shit next to most people. I think the average debt is like 40k? I think it would help a lot of people. However, like someone previously said, it makes more sense to fix the system that perpetuates this debt. Ivy League schools like Harvard have 30 BILLION dollars in endowments. Tuition goes up annually. Are they going to wipe debt away every other decade or something? Additionally, people have got to take some responsibility too. You can’t pick a degree in a field (like say geology or some other obscure degree) and expect to live a nice upper middle class lifestyle with 2 big vacations a year and a comprehensive benefits package. Drs, dentists and professions like that have enormous costs but it’s understood that completion of certification in those fields means you’ll be a high earner. People gotta stop picking jobs and careers based off emotions and feelings and think about longevity. Do u need/want money or not? If not fine. Go be an activist and do something that brings you joy and emotional peace. But don’t complain if you struggle to pay the bills. Starving artists anyone?
Facts! I major in broadcasting and mass communication. I'm going back to school for a career change into healthcare. High starting salary(higher now due to covid), longevity (no ageism like in media) and stability (no yearly layoffs)
 
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