AOC says Joe Biden is wrong for being against student debt cancellation, calls him out for making factually incorrect claim that student debt cancellation would prevent spending on childhood education
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.
YVX on May 27th, 2021 at 18:21 UTC »
All biden has to do is pass popular legislation. That’s literally the only reason we voted for him.
finalgarlicdis on May 27th, 2021 at 18:22 UTC »
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.
TacoNomad on May 27th, 2021 at 18:30 UTC »
So, is he committing to spend money on early childhood education? Or just suggesting that it would be a good idea to do so?