Why is Biden extending the student loan repayment pause?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The American public is so bitter if anyone gets anything. Our society has become completely self-absorbed. Everyone is like “me, me, me, me!!”

I don’t stand to gain loan forgiveness and have paid off a loan and a grant already. But I am ok with others receiving help.

Polling proves the majority of the public is for some loan forgiveness. Right wing astroturfing is not real life.

[phone]

It might be popular with young people, but I don't think it will be overall. This could be very short sighted from a political perspective.

Myself and all of my friends who have children burdened with student loan debt are hoping and praying for some loan forgiveness. We chose colleges based on merit aid and scholarships and they still graduated with debt. My child is a teacher who drives an old car and can barely afford rent in the DMV.

My daughter has debt as well. She has a plan for paying it off. And, is actively doing so despite the pause on payments.
If Biden pulls this vote-buying stunt, I will do everything I can to make sure Republicans take over the House and Senate in November and actively work to make Biden a one-term president. And, work to make sure another Democrat doesn't take his place. They cannot be trusted.

I also look forward to the law suits filed against Biden since I don't believe he has the authority to do this without a bill from Congress.

Serious question- is this really your PRIORITY issue when selecting a president? Even if you fervently disagree with this call, is this a determining factor? In the grand scheme of things in politics, from international relations to civil rights to infrastructure, this would be IT for you?

For contect, I actually completely understand (though disagree with) people who vote based on the abortion issue. To them, it is life or death. But this amount of money is a drop in the bucket of federal budget and the impact on anything is minimal. Less than so many expenditures. Seems inconsequential.

NP. Making people pay their loans takes money out of the economy which will lower (or at least not further increase) the pressures on inflation. Inflation is absolutely not “inconsequential” for most people in this country. Plus, there’s zero chance that Biden could do this and have it be the only time it happens. Every other D president would be under huge pressure to do the same. And then there’s the point that this doesn’t even actually solve anything. We need a lot more personal responsibility in our country, not even less.

I guess my question is whether this is likely to incent an otherwise democrat voter to vote republican. Even if they absolutely do not support it, I think it is unlikely to flip voters. And I also don't think it is likely to turn out voters that would otherwise abstain from voting.

Setting aside whether it is the right thing to do overall, politically it is a winner.

It’s not.

Frankly, the vehemence with which some people post about issues that affect absolutely nothing at all makes me suspect that Republican troll farms are on here trying to steer public opinion.

Not a one of these Republicans has any problem with all the federal money that businesses - some enormous corporations, some Republican grifters - were given during the pandemic and that has not been paid back. That was far more money.

I'm the poster you are responding to and I would be careful assuming that anyone who opposes loan forgiveness is a Republican. I am a lifelong democrat and oppose loan forgiveness, rather vehemently. My point was that if he does it, it sure as heck won't make me vote republican.

'

I am not Republican and I think it is an idiotic idea.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The American public is so bitter if anyone gets anything. Our society has become completely self-absorbed. Everyone is like “me, me, me, me!!”

I don’t stand to gain loan forgiveness and have paid off a loan and a grant already. But I am ok with others receiving help.

Polling proves the majority of the public is for some loan forgiveness. Right wing astroturfing is not real life.

[phone]

It might be popular with young people, but I don't think it will be overall. This could be very short sighted from a political perspective.

Myself and all of my friends who have children burdened with student loan debt are hoping and praying for some loan forgiveness. We chose colleges based on merit aid and scholarships and they still graduated with debt. My child is a teacher who drives an old car and can barely afford rent in the DMV.

My daughter has debt as well. She has a plan for paying it off. And, is actively doing so despite the pause on payments.
If Biden pulls this vote-buying stunt, I will do everything I can to make sure Republicans take over the House and Senate in November and actively work to make Biden a one-term president. And, work to make sure another Democrat doesn't take his place. They cannot be trusted.

I also look forward to the law suits filed against Biden since I don't believe he has the authority to do this without a bill from Congress.

Serious question- is this really your PRIORITY issue when selecting a president? Even if you fervently disagree with this call, is this a determining factor? In the grand scheme of things in politics, from international relations to civil rights to infrastructure, this would be IT for you?

For contect, I actually completely understand (though disagree with) people who vote based on the abortion issue. To them, it is life or death. But this amount of money is a drop in the bucket of federal budget and the impact on anything is minimal. Less than so many expenditures. Seems inconsequential.

NP. Making people pay their loans takes money out of the economy which will lower (or at least not further increase) the pressures on inflation. Inflation is absolutely not “inconsequential” for most people in this country. Plus, there’s zero chance that Biden could do this and have it be the only time it happens. Every other D president would be under huge pressure to do the same. And then there’s the point that this doesn’t even actually solve anything. We need a lot more personal responsibility in our country, not even less.

I guess my question is whether this is likely to incent an otherwise democrat voter to vote republican. Even if they absolutely do not support it, I think it is unlikely to flip voters. And I also don't think it is likely to turn out voters that would otherwise abstain from voting.

Setting aside whether it is the right thing to do overall, politically it is a winner.

It’s not.

Frankly, the vehemence with which some people post about issues that affect absolutely nothing at all makes me suspect that Republican troll farms are on here trying to steer public opinion.

Not a one of these Republicans has any problem with all the federal money that businesses - some enormous corporations, some Republican grifters - were given during the pandemic and that has not been paid back. That was far more money.

I'm the poster you are responding to and I would be careful assuming that anyone who opposes loan forgiveness is a Republican. I am a lifelong democrat and oppose loan forgiveness, rather vehemently. My point was that if he does it, it sure as heck won't make me vote republican.

'

I am not Republican and I think it is an idiotic idea.

I'm not the other two posters, am a Democrat, and would also vote Republican if Biden does this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The American public is so bitter if anyone gets anything. Our society has become completely self-absorbed. Everyone is like “me, me, me, me!!”

I don’t stand to gain loan forgiveness and have paid off a loan and a grant already. But I am ok with others receiving help.

Polling proves the majority of the public is for some loan forgiveness. Right wing astroturfing is not real life.

[phone]

It might be popular with young people, but I don't think it will be overall. This could be very short sighted from a political perspective.

Myself and all of my friends who have children burdened with student loan debt are hoping and praying for some loan forgiveness. We chose colleges based on merit aid and scholarships and they still graduated with debt. My child is a teacher who drives an old car and can barely afford rent in the DMV.

My daughter has debt as well. She has a plan for paying it off. And, is actively doing so despite the pause on payments.
If Biden pulls this vote-buying stunt, I will do everything I can to make sure Republicans take over the House and Senate in November and actively work to make Biden a one-term president. And, work to make sure another Democrat doesn't take his place. They cannot be trusted.

I also look forward to the law suits filed against Biden since I don't believe he has the authority to do this without a bill from Congress.

Serious question- is this really your PRIORITY issue when selecting a president? Even if you fervently disagree with this call, is this a determining factor? In the grand scheme of things in politics, from international relations to civil rights to infrastructure, this would be IT for you?

For contect, I actually completely understand (though disagree with) people who vote based on the abortion issue. To them, it is life or death. But this amount of money is a drop in the bucket of federal budget and the impact on anything is minimal. Less than so many expenditures. Seems inconsequential.

NP. Making people pay their loans takes money out of the economy which will lower (or at least not further increase) the pressures on inflation. Inflation is absolutely not “inconsequential” for most people in this country. Plus, there’s zero chance that Biden could do this and have it be the only time it happens. Every other D president would be under huge pressure to do the same. And then there’s the point that this doesn’t even actually solve anything. We need a lot more personal responsibility in our country, not even less.

I guess my question is whether this is likely to incent an otherwise democrat voter to vote republican. Even if they absolutely do not support it, I think it is unlikely to flip voters. And I also don't think it is likely to turn out voters that would otherwise abstain from voting.

Setting aside whether it is the right thing to do overall, politically it is a winner.

It’s not.

Frankly, the vehemence with which some people post about issues that affect absolutely nothing at all makes me suspect that Republican troll farms are on here trying to steer public opinion.

Not a one of these Republicans has any problem with all the federal money that businesses - some enormous corporations, some Republican grifters - were given during the pandemic and that has not been paid back. That was far more money.

I'm the poster you are responding to and I would be careful assuming that anyone who opposes loan forgiveness is a Republican. I am a lifelong democrat and oppose loan forgiveness, rather vehemently. My point was that if he does it, it sure as heck won't make me vote republican.

'

I am not Republican and I think it is an idiotic idea.

I'm not the other two posters, am a Democrat, and would also vote Republican if Biden does this.

Neither of the other two said they would vote republican. We just said we are democrats who do not support it. That being said, he could wipe out all student loan for everybody regardless of income and I would still vote democrat. This is FAR from a primary driver in my decision of which party I vote for.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The American public is so bitter if anyone gets anything. Our society has become completely self-absorbed. Everyone is like “me, me, me, me!!”

I don’t stand to gain loan forgiveness and have paid off a loan and a grant already. But I am ok with others receiving help.

Polling proves the majority of the public is for some loan forgiveness. Right wing astroturfing is not real life.

[phone]

It might be popular with young people, but I don't think it will be overall. This could be very short sighted from a political perspective.

Myself and all of my friends who have children burdened with student loan debt are hoping and praying for some loan forgiveness. We chose colleges based on merit aid and scholarships and they still graduated with debt. My child is a teacher who drives an old car and can barely afford rent in the DMV.

My daughter has debt as well. She has a plan for paying it off. And, is actively doing so despite the pause on payments.
If Biden pulls this vote-buying stunt, I will do everything I can to make sure Republicans take over the House and Senate in November and actively work to make Biden a one-term president. And, work to make sure another Democrat doesn't take his place. They cannot be trusted.

I also look forward to the law suits filed against Biden since I don't believe he has the authority to do this without a bill from Congress.

Serious question- is this really your PRIORITY issue when selecting a president? Even if you fervently disagree with this call, is this a determining factor? In the grand scheme of things in politics, from international relations to civil rights to infrastructure, this would be IT for you?

For contect, I actually completely understand (though disagree with) people who vote based on the abortion issue. To them, it is life or death. But this amount of money is a drop in the bucket of federal budget and the impact on anything is minimal. Less than so many expenditures. Seems inconsequential.

NP. Making people pay their loans takes money out of the economy which will lower (or at least not further increase) the pressures on inflation. Inflation is absolutely not “inconsequential” for most people in this country. Plus, there’s zero chance that Biden could do this and have it be the only time it happens. Every other D president would be under huge pressure to do the same. And then there’s the point that this doesn’t even actually solve anything. We need a lot more personal responsibility in our country, not even less.

I guess my question is whether this is likely to incent an otherwise democrat voter to vote republican. Even if they absolutely do not support it, I think it is unlikely to flip voters. And I also don't think it is likely to turn out voters that would otherwise abstain from voting.

Setting aside whether it is the right thing to do overall, politically it is a winner.

It’s not.

Frankly, the vehemence with which some people post about issues that affect absolutely nothing at all makes me suspect that Republican troll farms are on here trying to steer public opinion.

Not a one of these Republicans has any problem with all the federal money that businesses - some enormous corporations, some Republican grifters - were given during the pandemic and that has not been paid back. That was far more money.

I'm the poster you are responding to and I would be careful assuming that anyone who opposes loan forgiveness is a Republican. I am a lifelong democrat and oppose loan forgiveness, rather vehemently. My point was that if he does it, it sure as heck won't make me vote republican.

'

I am not Republican and I think it is an idiotic idea.

I'm not the other two posters, am a Democrat, and would also vote Republican if Biden does this.

Yawn. Obvious incel Republican trolls.

[Anonymous]

If someone is on the fence, this is the sort of thing that would tip things against Biden. Not so much the other way if he does not end up doing it, those people are voting for him anyway.

[Anonymous]

Aside from being grossly unfair and stupid, student loan forgiveness is hugely INFLATIONARY. Why do these bozos keep pursuing all these inflationary policies??

[Anonymous]

Anonymous wrote:If someone is on the fence, this is the sort of thing that would tip things against Biden. Not so much the other way if he does not end up doing it, those people are voting for him anyway.

I’m not fond of SL forgiveness, but as it stands, a vote against a democrat means favoring forced birthers, incels, and conspiracy theorists.

[Anonymous]

It’s utterly unfair. I went to a state school despite getting into fancier schools. I worked like crazy and denied myself things I wanted in order to pay off my loans. Should have just picked the most expensive school and lived large.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If someone is on the fence, this is the sort of thing that would tip things against Biden. Not so much the other way if he does not end up doing it, those people are voting for him anyway.

I’m not fond of SL forgiveness, but as it stands, a vote against a democrat means favoring forced birthers, incels, and conspiracy theorists.

No, a vote against Dems means you are fed up with never ending covid mask mandate fetishes, exaggeration of covid fear/deadliness, indoctrination of school children with gender and other identity politics and extreme anti-police rhetoric. It means you are trying to get people back to the center.

[Anonymous]

Anonymous wrote:It’s utterly unfair. I went to a state school despite getting into fancier schools. I worked like crazy and denied myself things I wanted in order to pay off my loans. Should have just picked the most expensive school and lived large.

GMU instate tuition alone is like $14,000/year. Let’s say you live at home with your parents and graduate in exactly 4 years. That doesn’t factor in transportation, food or textbook codes. They don’t really give financial aid besides pell grants that you have to be incredibly poor to qualify for.

Am I the only person who finds that expensive?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If someone is on the fence, this is the sort of thing that would tip things against Biden. Not so much the other way if he does not end up doing it, those people are voting for him anyway.

I’m not fond of SL forgiveness, but as it stands, a vote against a democrat means favoring forced birthers, incels, and conspiracy theorists.

No, a vote against Dems means you are fed up with never ending covid mask mandate fetishes, exaggeration of covid fear/deadliness, indoctrination of school children with gender and other identity politics and extreme anti-police rhetoric. It means you are trying to get people back to the center.

Honestly, I think you are confusing the views of some citizens (who probably wouldn't even call themselves democrats, but rather "leftists" or the like) with democrat politicians. Democrats at the national level are no longer advocating for mask mandates, even Fauci said to get on with it, there is no democratic platform that favors "indoctrination" of school children, and the democratic party is not anti-police.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If someone is on the fence, this is the sort of thing that would tip things against Biden. Not so much the other way if he does not end up doing it, those people are voting for him anyway.

I’m not fond of SL forgiveness, but as it stands, a vote against a democrat means favoring forced birthers, incels, and conspiracy theorists.

No, a vote against Dems means you are fed up with never ending covid mask mandate fetishes, exaggeration of covid fear/deadliness, indoctrination of school children with gender and other identity politics and extreme anti-police rhetoric. It means you are trying to get people back to the center.

Honestly, I think you are confusing the views of some citizens (who probably wouldn't even call themselves democrats, but rather "leftists" or the like) with democrat politicians. Democrats at the national level are no longer advocating for mask mandates, even Fauci said to get on with it, there is no democratic platform that favors "indoctrination" of school children, and the democratic party is not anti-police.

If this were true you wouldn't have had 2y of D politicians genuflecting to Fauci, wearing kente cloths in the aftermath of rioting during 2020 - only when this became obviously unpopular did the tune on covid masking, police rhetoric, etc. shift.

[Anonymous]

Anonymous wrote:It’s utterly unfair. I went to a state school despite getting into fancier schools. I worked like crazy and denied myself things I wanted in order to pay off my loans. Should have just picked the most expensive school and lived large.

My kid got so much more money (that did not need to be paid back) from "fancier schools" and their total college costs were less than in-state tuition. They did not "live large" but they got a great education and amazing internship possibilities. So it was a good decision. Please note that choosing a different school can be done for financial reasons. College expenses are complicated. They have already paid off over half of their loans. I hope (because they are not in a high earning career) that SLF will help them move forward in life. Your cry of "unfair" is short-sited.

[Anonymous]

It’s complicated.

There are a lot of people who paid off their loans, went to much lower level universities than they were academically qualified for, endured long commutes or schedules, and worked during school many hours who are upset over student loan forgiveness. They majored in something really hard. Their feelings are valid. After all, they followed the rules they thought they should follow.

There are also a lot of folks who were first generation students who were sold a bill of goods. They received little formal college counseling. They were “offered” parent plus loans as “financial aid.” The importance of going to a “good” school with high graduation rates was stressed to them, regardless of its financial implications. They may have lived somewhere that they couldn’t commute to school from, or if they did live somewhere in which that was possible, it was stressed to them that students who live on-campus end up more successful. So they followed the trusted adults in their lives. They favor student loan forgiveness. Their feelings are valid.

[Anonymous]

I genuinely do not understand the rationale.

I ABSOLUTELY understand that some schools and lenders engaged in terrible practices to price gauge and distort what king of ROI borrowers could expect. I also get that the cost of college is unsustainably high. Something should be done about both of those things.

But forgiving loans does nothing to address the cost of college, and I'm not sure I see why it is the federal governments place to be retroactively "bailing out" people that are in bad shape now because of loans that they did actually take out, and that many did sacrifice to pay back.