United States | News & Politics

It's the usual play of all republicans a year before the next election: Everything democrats do must be half-assed, insincere, incompetent or bad. Any general positive action must be invalidated by quoting a specific flaw or temporary oversight, or even just an uproven assumption of it.

If for an entire year all your read is "yeah that's good, but..." you will have a "bad aftertaste" about the candidate and party and are less likely to turn out voting for them.

And this tiny, tiny effect, applied on millions of (young) people, is enough to decide American elections.

Edit: And on the other hand, every republican action in republican spaces must be loudly applauded and praised to the skies, without any specifics. This is to instill the image that "Republicans, even if evil, get things done, while democrats don't"

It's not enough, but it's at least something

This action makes a good headline for re-election purposes.

A suggestion how to write that same comment, but make it sound much more positive while inquiring about the future:

It is great!! Is there anything planned how to deal with new debt being immediately acrued by current students, or is this just a temporary fix?

Seriously, we need to teach ourselves to not immediately doubt everything with "but what about". We need to acknowledge positive news first, then ask how to improve things. For our own mental health.

If you read the article, yes.

Debt forgiveness occurs after 10 years in an income-driven repayment plan (down from 20-25 years). Payments in these plans is now capped at 5% of discretionary income (down from 10%). Unspecified improvements to tracking progress towards loan forgiveness (historically this has been done by the company servicing the loan, and they are beyond awful at it, so this might just be not relying on them for this decision anymore).

If you guys would take the time to read the article you would see that this is not the same debt forgiveness plan as before. The plan cancels the debt remaining for students who have been making payments for 20 years. It's not a one time action but will be available to anyone in the future under the same circumstances.

Guess it's fuck me then. Biden not getting my vote fuck him. This probably get blocked too and he knows it. Cancel it all our fuck off.

People get tricked into loans they can't afford. "No, no, see, it's cool, once you graduate, you'll be rolling in it!" Queue 20 years of service industry jobs paying barely subsistance wages (happened to my wife).

Here's the experience with our kid, he graduated debt free 4 years ago.

When he was in high school, we got all these emails and memos about "FAFSA, FAFSA, FAFSA" and we went to the school and did all the seminars and all the forms and everything.

Kid got his first choice school - UC Davis - "Well, we've reviewed your FAFSA information, and counting tuition, scholarships, room and board, you need to take out parental plus loans of $56,000 a year for four years."

Yeah no.

Kid got into his second choice school, Lewis and Clark, we thought "Great! In state school! This should be better..."

"Well, we've reviewed your FAFSA information, and counting tuition, scholarships, room and board, you need to take out parental plus loans of $56,000 a year for four years."

🤔 That's the same oddly specific number the out of state school dropped... if we could afford that, he'd be going to UC Davis.

Want to guess what his 3rd choice school came back with (University of Oregon Honors College)?

"Well, we've reviewed your FAFSA information, and counting tuition, scholarships, room and board, you need to take out parental plus loans of $56,000 a year for four years."

So three schools, 1 out of state, 2 in state, all working from FAFSA all came back with the same oddly specific number. What are the chances of that? OTHER parents would have been sorely tempted to go "Well, I guess that's just what school costs..."

WE bailed on the FAFSA system, enrolled him as a normal student at the University of Oregon. Tuition was about $10,000 a year, he had a scholarship that paid $5,000 a year, I ran the other $5K through my Amazon card for points, paid his rent, and gave him a $300 credit limit card for food and expenses.

4 years later he graduated with a CS degree, no debt and went to work at Intel making 6 figures.

39 billion / 804,000 = $48,507.46 on average.

I think you accidentally mathed 39 trillion. That or divided 39 billion by 804 instead of 804k.