383
Biden administration cancels student loans of more than 150,000 borrowers under new plan
(www.nbcnews.com)
this post was submitted on 21 Feb 2024
383 points (95.7% liked)
News
23284 readers
3477 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It also doesn't cover certain student loans.
I have loans from the early 2000's via Navient. Because the "loans" were structured differently in 2000 or whatever, none of the "plans" that will wipe away any of the rest of my debt apply to me. So, no matter what, I'm stuck paying the rest of it, because somehow "these loans are just different."
It's a load of fucking bollocks. I'm broke as shit and I don't have money to be pissing away on these old loans that are 90% paid off. I would have technically had loan discharge from nearly all the things he's done to discharge student loan debt, but SOMEHOW not a single one has applied to my loans, and everyone I have talked to tells me "Welp, too bad for you."
Yeah, but that means you're gen x...
If you haven't noticed, Biden is just throwing crumbs to demographics he's doing terrible with. Hell, as soon as this was posted someone commented that now everyone who got it has to vote for Biden.
It's why there's nationwide problems with infrastructure like internet and safe water, but Biden is just trying to help a few red states he has a chance of winning. Everyone else can fuck off.
Biden is doing terrible with millennials, so he's going to keep tossing crumbs hoping it will buy votes in November. His campaign thinks people wont expect him to give up as soon as the election is over.
It's the neoliberals life cycle. The only time shit gets done is the last year of the first term.
Technically, I'm a millennial, but I get what you're saying.