Joe Biden knows very well that he is able to cancel student loan debt by executive order, without congressional approval. Every day he doesn't, he's personally, consciously inflicting untold suffering on the American people. People are losing their lives over this stuff. It's not a fucking joke, and him treating it like some political game is disgusting.
Also, for those who are new to this conversation, and claim that cancelling the debt doesn't solve the fundamental problem: Everyone advocating for student debt cancellation is also a supporter of making colleges and trade school tuition-free, and sees cancellation as an intentional strategy to accomplish that.
The reason there is this present focus on Biden using his executive order to cancel student debt is because (1) he has that power to do so right now, (2) nobody expects congress to pass legislation to cancel it over the next four years, and (3) because cancelling all of that debt would force congress to enact tuition-free legislation or be doomed to allow the debt to be cancelled every time a Democratic president takes office (since a precedent will have been set).
Meaning, to avoid the need for endless future cancellation (an unsustainable situation for our economy) the onus would be forced onto congress (against their will) to pass some kind of tuition-free legislation whether they like it or not.
As a side note, because the federal government will be the primary customer for higher education, that means they also have a ton of leverage to negotiate tuition rates down so that schools aren't simply overcharging the government instead of students.
Even though I’ve paid most of mine, I’d love for this to happen for my wife. But it doesn’t solve the underlying issue of college costs going 📈while the value of a degree is going 📉
finalgarlicdis on March 23rd, 2021 at 18:23 UTC »
Joe Biden knows very well that he is able to cancel student loan debt by executive order, without congressional approval. Every day he doesn't, he's personally, consciously inflicting untold suffering on the American people. People are losing their lives over this stuff. It's not a fucking joke, and him treating it like some political game is disgusting.
Also, for those who are new to this conversation, and claim that cancelling the debt doesn't solve the fundamental problem: Everyone advocating for student debt cancellation is also a supporter of making colleges and trade school tuition-free, and sees cancellation as an intentional strategy to accomplish that.
The reason there is this present focus on Biden using his executive order to cancel student debt is because (1) he has that power to do so right now, (2) nobody expects congress to pass legislation to cancel it over the next four years, and (3) because cancelling all of that debt would force congress to enact tuition-free legislation or be doomed to allow the debt to be cancelled every time a Democratic president takes office (since a precedent will have been set).
Meaning, to avoid the need for endless future cancellation (an unsustainable situation for our economy) the onus would be forced onto congress (against their will) to pass some kind of tuition-free legislation whether they like it or not.
As a side note, because the federal government will be the primary customer for higher education, that means they also have a ton of leverage to negotiate tuition rates down so that schools aren't simply overcharging the government instead of students.
konstan_sam on March 23rd, 2021 at 18:31 UTC »
This is what I’m talking about- see how cancel culture is tearing our nation apart?!
paraplegic_T_Rex on March 23rd, 2021 at 18:43 UTC »
Even though I’ve paid most of mine, I’d love for this to happen for my wife. But it doesn’t solve the underlying issue of college costs going 📈while the value of a degree is going 📉