- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
The Biden administration said Friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.
Under President Joe Biden, the Department of Education has made it easier for some specific groups of borrowers, like public sector workers, to qualify for loan forgiveness. It also launched a new repayment plan that creates a shorter pathway to loan forgiveness for many low-income borrowers – and is at issue in at least two legal challenges from Republican-led states.
In total, the Biden administration has authorized the cancellation of $153 billion in student loan debt for nearly 4.3 million people. That’s more than 9% of all outstanding federal student loan debt.
It is OK for politicians to do things that help the general population. If that makes them favorable in the election and people vote for the politician, that’s OK too. That’s a democracy. Politicians are supposed to make and use the government to help people.
How could you read this thread and think my problem was politicians helping people?
When I’ve been complaining about them not helping people and only doing token actions if an election is imminent?