Biden vacates $1.2 billion in student debt relief - How in the world is this legal?

I was poor. I worked my way through college. Then I started working and saving. I'm not poor anymore. Weird.

But you’re not very bright. You are really narrow minded.

You're narrow minded. The University of Washington, where I went to school, is and was ~$10,000 a year to go to school. If you're too dumb to know overpaying $30,000 to $100,000 a year for tuition is false constraint you've subjected yourself to, especially when you're poor, then your government bailout is just tiding you over until your next self induced personal financial crisis.

The debt is wiped out via approved methods. Go to the student loans website and you can see how. Some examples of dents that get wiped out are:

1) starting a non profit and paying the minimum payment for 10 years, and then they wipe the rest

2) the school scammed you is defunct

3) being a teacher for 10 years and they wipe the rest

4) joining the military

These are long standing policies that have existed for years. It’s not the same as just wiping the debt for no reason.

It'll be paid the same way the national debt is paid which is not at all.

Is it a bribe when Republicans promise to cut taxes?

"Student debit relief is a bribe to win votes, but tax relief for the middle class will grow the economy" = conservative voter logic

Not really.

Much of it can get written off as a loss, i.e. IRS says ok, poor you, we will tax you less.

But strictly speaking, it is not paid, and in the world of property that does matter. Possession as they say is 90% of the law.

Lender beware. What's that in Latin?

sorry this triggers you, rojo. Yes, it is a silly political move, but that is what politicians do.

Cutting taxes for Billionaires in the expectation of contributions seems perfectly legit though, nothing to see here. Reason? Rich people have different rules, this is just fact.

Why are you letting your moderators delete threads discussing Morhad Amdouni? They even deleted the two year old thread discussing the WhatsApp coversation in which he asked to buy EPO. Haven't you learned from Katir?

It is no more of a bribe than countless other things Congress does. But unlike tax changes, or covid type payments this was not authorized by Congress and thus is not the way things should be done. And it on the surface seems like a willful act in defiance of the recent Supreme Court Decision. There should be ways to penalize anyone doing this, but there probably is not. As usual the politicians appeal to the masses for votes, and if this gets shut down again by the Supreme Court he can still claim he is the one fighting for "you".

The Democrats/Left are undermining democracy all over the Western World. They've allowed open doors immigration for decades in order to build their voter base. I would vote for any party that pledged to implement treason laws for stuff like that.

Exactly

It comes down to personal taste, some people are fine with the incredibly wealthy getting handouts but not ordinary people

Maybe start by cracking down on more blatant treason like stealing top secret documents or working directly with Russian agents to push lies about a political opponent. That would be a good start.

Biden has made it very clear that his plan is to boost the economy from the middle class out. Not like Republicans that prefer trickle down economics. He knows if you put money in the hands of people that will spend it you boost the economy way more than giving to billionaires that will buy back their own stock and enrich themselves. And the money gets taken out of the economy because billionaires already have plenty of what they need.

So far it appears to be working as it did during the Clinton years. The trickle down Presidents all presided over economic meltdowns BTW. This student loan relief is an extension of Biden's plan and is also tied to his belief that Billionaires got a bailout after covid. So why not people that have to pay their predatory loans for 70 years?

Would you call Trump bribing voters by saying he will hand out pardons to any and all of the Jan 6th convicts?

Ha and recall trump's massive racket that was COVID relief

Do you really believe in the "unfairness" of this in light of every other past relief, tax cut and bailout program, or did you just want the clicks? I ask because an educated person should be able to come an easy conclusion that this clearly no more "buying votes" than other initatives. The question is do you have a problem with it because of WHO it is helping?

Name a president in history who hasn’t put in place policies to remain popular with the public.