You must not have read what’s actually in the plan they put through. It also includes dramatically lowered payments for low income earners, eliminated interest if you make your payments, broadens forgiveness rules etc. etc.
And this is what everyone was bitching about when he was trying to do the one time cancellation. “Well that won’t solve the real problem!” And now he’s doing something to address that, and it apparently still isn’t good enough. It just shows why so many dissenters actually find it offensive, and that’s because it helps people.
You must not have read what’s actually in the plan they put through. It also includes dramatically lowered payments for low income earners, eliminated interest if you make your payments, broadens forgiveness rules etc. etc.
It’s mine boggling to me that Biden didn’t get more credit for this plan. One time paying off of loans is a dumb short term solution. Actually changing the rules to help current and future borrowers is so much more important. https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/22/fact-sheet-the-biden-harris-administration-launches-the-save-plan-the-most-affordable-student-loan-repayment-plan-ever-to-lower-monthly-payments-for-millions-of-borrowers/
And this is what everyone was bitching about when he was trying to do the one time cancellation. “Well that won’t solve the real problem!” And now he’s doing something to address that, and it apparently still isn’t good enough. It just shows why so many dissenters actually find it offensive, and that’s because it helps people.