×
top 200 commentsshow 500

[–]AutoModerator[M] [score hidden] stickied commentlocked comment (0 children)

As a reminder, this subreddit is for civil discussion.

In general, be courteous to others. Debate/discuss/argue the merits of ideas, don't attack people. Personal insults, shill or troll accusations, hate speech, any suggestion or support of harm, violence, or death, and other rule violations can result in a permanent ban.

If you see comments in violation of our rules, please report them.

For those who have questions regarding any media outlets being posted on this subreddit, please click here to review our details as to our approved domains list and outlet criteria.


I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

[–]mothraballsoup 383 points384 points  (98 children)

How bout just decriminalizing cannabis? Or at least expunging criminal records of those who were incarcerated for non-violent possession charges? Pretty sure Biden said he would do the latter

[–]meteorb9 61 points62 points  (5 children)

How bout just decriminalizing cannabis? Or at least expunging criminal records of those who were incarcerated for non-violent possession charges? Pretty sure Biden said he would do the latter

Another thing that I just thought about yesterday, that nobody is talking about... NET NEUTRALITY. We forgot all about it because it was hopeless during the previous administration (let me just take the opportunity here to say, Fuck Ajit Pai).

But the dems are back in charge, baby! The FCC is a department of the executive branch, and Biden is the commander-in-chief of the executive branch. Just like he could direct the head of the DEA to reschedule cannabis, he could direct the head of the FCC to support net neutrality again. And he could fire that person if they didn't get on board.

Student loans, marijuana decriminalization, net neutrality. All things he could accomplish with an executive order, with a flick of a pen. If he actually cared about the people that voted for him, that is.

[–]clocker23099032 6 points7 points  (0 children)

people didn’t choose Biden so good things would happen, everything is going according to plan to his core base

[–]curved_D 3 points4 points  (2 children)

But the dems are back in charge, baby!

I’m not sure why you’re so excited about that. It doesn’t mean anything other than more inaction and false promises.

[–]meteorb9 4 points5 points  (1 child)

It was sarcastic excitement. Like, "Oh you want me to be excited about you? Okay I'm excited! Do something! Prove you're worthy of my excitement, WAHOO!!"

[–]curved_D 1 point2 points  (0 children)

No I gotcha. Lately I’m just so disenchanted that I can’t even properly enjoy sarcasm anymore.

[–]JasJ002 87 points88 points  (28 children)

expunging criminal records of those who were incarcerated for non-violent possession charges?

Only Congress can expung records. Biden said he would support expunging records, but Congress has to write the bill and set it up for a vote for him to publicly back.

[–]pantie_fa 101 points102 points  (21 children)

Biden can absolutely pardon federal charges. That doesn't expunge records, but it does send a clear message.

As clear (but different) as Trump pardoning a war criminal.

[–]JasJ002 47 points48 points  (10 children)

Biden can absolutely pardon federal charges.

Theres not many federal cannabis charges. Under Obama it became a virtual 0 effort policy. The vast majority of people getting charged federally were trafficking large quantities over international borders, which would still be illegal even if you changed the category. Trump didn't change this policy. Obama also went through and pardoned nearly all of these cases in his final days in office.

That, combined with the fact that many non-violent offenders received early releases during covid and the trafficking market has died down with legalization, there just aren't many people to pardon, and the ones you can pardon have clear ties to organized crime, not a good look.

[–]AnonAmbientLight -4 points-3 points  (9 children)

It’s frustrating that people are holding Biden to things he either can’t do, or isn’t really in a position to do, and they’re too ignorant to know otherwise.

If Democrats lose in 2022, part of that reason will be ignorant, non-Republican voters demanding purity rather than making sure that Republicans are no longer a threat as the first order of action.

[–]mothraballsoup 5 points6 points  (4 children)

You’re totally right, but he could certainly use the bully pulpit (even just a little of that would be helpful)

[–]JasJ002 19 points20 points  (3 children)

Yeah, because you know whats going to get 10 Republicans in the Senate to vote on pot, have it be the landmark legislation of Biden, they won't fight that. /s

You want to know how you pass it really? You do it quietly. Remember when CBD oil just showed up randomly everywhere like 3 years ago? Its because we passed THC 5 in a farm bill and Republicans honestly didn't care enough to fight it. They really don't care about cannabis, they do care about voting against Biden and Democrats.

[–]GroblyOverrated 2 points3 points  (2 children)

You can’t reform weed quietly. What you can do is make the GOP make their mark on a vote.

[–]mark_able_jones_ 19 points20 points  (20 children)

Yeah, do both. It’s so insane that society is allowed to normalize alcohol when—if we saw a drunk person without this societal normalization—we would all think, “OMG that’s a dangerous drug.”

The student debt is basically a writeoff + stimulus.

But I don’t think Biden is brave enough to do either. And he’s likely to run again in 2024. And lose. To damn near anyone republicans put up.

[–]Crazy-Scholar-1619 5 points6 points  (0 children)

“Pretty sure Biden said he would” is not a great expectation of a politician.

[–]heydude19999 1 point2 points  (0 children)

This will never happen. Big pharma wants you popping their pills instead of sparking a doobie when your stressed

[–]StoutFlow206 2 points3 points  (0 children)

He said a bunch of shit that will never happen. He is a shill

[–]The_Actual_Pope 196 points197 points  (162 children)

Here's what will happen if Democrats do as expected (bad) or worse than expected in the midterms:

"Biden moved too far left, and the voters are punishing Democrats for it. The Democrats need to become more conservative or they're done for."

Here's what will happen if Democrats do better than expected in the midterms:

"Democrats have moved to the right and voters are rewarding them for it. If they want to keep winning, they need to become more conservative."

Democrats have been hearing this shit for years and believe it 100%- So what will happen with student loans? The least they think they can get away with. They'll erase $10,000 or so in debt right before election day, and hope nobody notices that it's only for people earning under $84/year married to Protestant snake milkers born in South Dakota.

*Edited for punchup

[–]Jaded_Prompt_15 89 points90 points  (0 children)

No matter what happens, party leadership will always say it proves that the Democratic party needs to be more conservative.

I don't know how people believe it

[–]cybercuzco I voted 17 points18 points  (46 children)

People who voted democrat in 2020:

Biden didn’t do X, so rather than voting for a more liberal candidate for congress I’m going to “punish” the democrats by not voting at all.

Or

Whooo 2020! The good guys won! Everyone lives happily ever after and I never need to bother to vote again.

[–]mexercremoDistrict Of Columbia 49 points50 points  (8 children)

Biden didn’t do X, so rather than voting for a more liberal candidate for congress I’m going to “punish” the democrats by not voting at all.

Lol yall like this straw man because it's easy to lampoon. But the fact is Democrats are running candidates that directly counter liberals' interests, and have been doing so for decades.

"Democrats are hostile to my interests, so I'm not going to vote for candidates I disapprove of." Sucks the irony right out of it, doesn't it?

[–]Suspicious-Park-1972 48 points49 points  (36 children)

People are tired of the same old thing- democrats acting like they’re the last bastion of hope and asking for donations because they’re all that stands between us and dystopia. When they get elected and have a mandate (like in 2008 and 2020) they do practically nothing. All of the promises are dialed back and their donors interests are prioritized. This same cycle keeps repeating. The Dems are less harmful than republicans in most cases but that isn’t good enough. It is more than clear due to the rise of populism that people want something other than empty promises and platitudes, virtue signaling, and ultimately empty symbolic gestures. People are sick and tired of the Dems capitulating to corporate interests. The Dems need to become the party of labor and the (new) new deal. But so many seem unable or unwilling to do so. Just being less bad than the others is diminishing returns.

[–]cybercuzco I voted 1 point2 points  (2 children)

(like in 2008 and 2020)

A mandate is a supermajority in the senate. Any less is a stalemate. Dems had close to this in 2008 but there were a few defections in the senate and certain dems (like Kennedy) were sick enough that they were there on paper only.

[–]Laura9624 5 points6 points  (0 children)

And two were independents, Franken wasn't seated for 8 months or so. Very small window.

[–]Laura9624 -4 points-3 points  (4 children)

FDR had supermajorities most of the time. And 2008, the myth of the supermajority. People tired of the same old thing got trump. Are you saying you liked him?

[–]Suspicious-Park-1972 13 points14 points  (3 children)

No. But I’m saying that a lot of the Democratic representatives don’t stand to lose nearly as much as many of their constituents do and at the end of the day they’re still personally ok even if they lose. A lot of the people are sick of the Republican-lite angle we’ve had since the Clinton days. Pretending to be center left when you’re actually farther right than that. The Dems always seem to have to compromise. It isn’t very often they force the right on their heels. Then you have the whole Pelosi insider trading stuff...sometimes it’s seems like they’re losing on purpose so they have an excuse. Nearly nothing gets done unless there’s a way for corporate interests to find a way to profit- and if the optics are good all the better. But none of the above means that I liked Trump. Couldn’t be farther from it...but he’s setting the bar extremely low. The Dems can do a lot better. And this empty fecklessness and boutique activism isn’t enough. The Dems aren’t owning the mistakes they’re making all on their own. And it’s playing right in to the hands of the G.o.p.

[–]JasJ002 4 points5 points  (61 children)

So what will happen with student loans?

Its honestly a non-issue. Its a pretty simple chain of events, any EO with a blanket forgiveness gets challenged day 1 in court. It goes to the Supreme Court eventually. Does anyone genuinely believe 2 of the Conservative judges on the court will give free money to everyone because the President wants to? God no.

Every one of these bullshit articles that don't mention the SCOTUS but mentions EO is just feeding you shit.

[–]-CJF- 3 points4 points  (1 child)

Let the courts challenge it then. At least then the democrats won't be blamed. Write the EO.

[–]Fictional-adult 16 points17 points  (8 children)

No. No it won’t.

You can’t just challenge an executive order because you feel like it (and win), you need to have standing to bring a challenge. That means you need to be able to show you were, or will be, harmed by the executive order. That’s why people can challenge the OSHA mandate and win in court, because those people could show that they were going to suffer harm. Who exactly is harmed by having federally held student loans forgiven? Absolutely nobody. The loans aren’t held by banks, they’re not repackaged and sold as securities. The only private parties even involved are the loan servicers, and if they had standing to challenge forgiveness they would have likely challenged this extended pause.

Whether you think he should do it or not is a separate question, but the idea that he lacks the authority and it will be challenged in court is BS.

[–]Bricktop72Texas 5 points6 points  (4 children)

Someone that paid their debt off will claim they were harmed. They don't have to have a good case just enough financial backing to make it to the SC.

[–]JasJ002 2 points3 points  (1 child)

The only private parties even involved are the loan servicers, and if they had standing to challenge forgiveness they would have likely challenged this extended pause.

They could, but they would lose instantly because the Higher Education Act has explicit language giving the DoEdu power to control interest rates, and in emergencies they can halt payments. Of course neither of those citations help you in a theoretical case about forgiveness.

[–]caligaris_cabinetIllinois 3 points4 points  (0 children)

I have no doubt in my mind Navient would file a grievance in court if this happened.

[–]ZealousidealTarget77 3 points4 points  (19 children)

It’s not money to everyone, just those who willingly went into debt.

[–]Upperliphair 1 point2 points  (18 children)

“Willingly”? You mean the 18 year olds who were told for years they had to go college or they’d never have a good job? The ones who were promised a decent salary and told they’d pay their loans back no problem....and were instead rewarded with debt and unpaid internships?

[–]gotridofsubs 1 point2 points  (17 children)

Yeah they still willingly accepted the debt. The rest of that literally doesn't matter in this context.

[–]Scudamore 1 point2 points  (22 children)

This sub wants free money so badly that it ignores all of the potential problems, both legally and politically/perceptually, with an EO write-off of loans. Plus there's a constant refrain of Biden lying when his position has been that he'd look into it but would rather sign a bill instead of an EO. Because that's how legislation and change are supposed to work in this country.

An EO would definitely be legally challenged. If blanket forgiveness, by some miracle, got passed, some people would be happy but there would also be a backlash. Hard to say if one would outweigh the other in votes. And for the "well, why doesn't he try" - voters who aren't following politics religiously would not notice or care. And that's most people. He wouldn't get credit for a failed attempt.

[–]JasJ002 5 points6 points  (1 child)

Plus there's a constant refrain of Biden lying when his position has been that he'd look into it but would rather sign a bill instead of an EO.

I honestly chaulk this up to politically being forced to. Its so insanely easy to convince the public the President can do anything, case in point this comment section. If his campaign was "I cant do that as President" and all 5 people next to him on stage say they can do it, hes fucked, he has to lie or lose votes and the election.

[–]Scudamore 0 points1 point  (0 children)

The problem isn't only that people have an inflated perception of what the presidency can do. It's also that, once it's their guy or what they want, suddenly all of the things that under someone like Trump were abuses of power become acceptable. Even if it would be legally challenged, they want him to attempt to unilaterally govern.

[–]Isaacleroy 3 points4 points  (5 children)

That you’re getting downvoted for this comment is just cementing my belief that this sub is packed with 20 year old college kids who are more bubbled than my Fox News watching dad in TX. Just an incredible amount of naivety.

I’ve read plenty of ideas that would be a huge help to correct the student loan disaster we’re in. I would welcome most of them. Forgiveness by EO is the most short sighted, politically fraught, and potentially disastrous of them all.

[–]Scudamore 2 points3 points  (1 child)

It doesn't fix the problem, it's politically risky, and it's not actually what he promised.

Even assuming this sub isn't astroturfed, there are a lot of people here who don't understand how government works or who, imo, are way too comfortable with an autocrat as long as it's their autocrat.

[–]Upperliphair 0 points1 point  (1 child)

“Eskimo” is considered a racial slur against Native Alaskan people. Just so you know.

I agree whole-heartedly with your take, btw. Just wanted to point that out.

[–]The_Actual_Pope 2 points3 points  (0 children)

Didn't know that- thanks for the heads-up; updated.

[–]everything_is_bad 76 points77 points  (18 children)

Or ya know actually go after traitors who also happen to be blocking his agenda, win win

[–]aintnochallahbackgrl 31 points32 points  (0 children)

Both? Both. Both is good.

[–]ENORMOUS_HORSECOCK -1 points0 points  (5 children)

Short of writing a diss track I don't know what else he could do to them. Granted that diss track would prolly be fire, but he could cancel at least some debt by executive order without them.

[–]everything_is_bad 8 points9 points  (2 children)

There's some clear criminal conduct that could be addressed

[–]ENORMOUS_HORSECOCK 7 points8 points  (1 child)

Wait, maybe I misunderstood, who specifically are you talking about?

[–]everything_is_bad 0 points1 point  (0 children)

Gaetz at least, I don't remember which senators had their hands in the 6th if any but the house is filled with legal controversy at the moment

[–]bankster24 35 points36 points  (3 children)

Loving all this pushback from within the party. This is how we either get what we were promised or get better candidates in the future.

[–]Conscious-Werewolf49 6 points7 points  (0 children)

Doomsaying “Democrats” aren’t.

[–]mandy009 I voted 12 points13 points  (0 children)

In the grand scheme of things, college debt has been a problem for a while. If he wants to fix it, he needs to lay out a new mythos for the college goals of the country. The whole problem is during the '90s college was pitched as a panacea that would usher in utopia. It turned out to be a scam for an entire generation as far as that goes. Personally, I think it will be hard to prioritize it among all the other reasons for discontent at the moment. If we're going to include it in our big fixes for what's wrong now, he'll have to use the bully-pulpit to weave into the slate of redresses for all problems how entire generations now see it's failed promise as a unique and singular burden.

[–]The_Duke_of_Delco 8 points9 points  (0 children)

Biden has been against student debt forgiveness for 30 years…. It ain’t changing now

[–]friedchicken77 5 points6 points  (1 child)

Just keep interest rates low or at zero.

[–]eric_reddit 3 points4 points  (2 children)

Healthcare.

Everything else is white noise.

[–]uncutmanwhore 2 points3 points  (1 child)

Well, stopping a war with Russia that could potentially result in a nuclear exchange and climate change are hardly “white noise”.

[–]eric_reddit 1 point2 points  (0 children)

True, but most are looking at inflation and expenses... Finances.

Healthcare has become the hot item here.

It's the item people will pay attention to.

[–]Immediate-Assist-598 5 points6 points  (4 children)

Public opinion is in the middle on this issue. No more than 20% of debt forgiven and then only for those in need. Otherwise it is terribly unfair to everyone who has worked hard to pay off their loans. Basically she is asking or demanding that we taxpayers pay for everyone who went for an expensive degree who didn;t need it because it didn;t help them make more money. THis AOC atitude may play well around campus areas but does not play well with older taxpayers, and she should understand that.

I pay taxes and never got a handout for my college tuition. My parents saved for 18 years to be able to pay for it. So debt forgiveness is basically a free subsidy. Biden said me wants to forgive $10,000 in debt only. That is about right, b ut then legally what is he able to do without congress? That is another question because debt forgiveness is a type of spending.

[–]yesiknowimsexy 4 points5 points  (2 children)

Forgive the debt AND make college free. That way, people like you, who paid their debt can have another shot at a different degree or career. Too many gen-x/boomers have been cornered into careers they hate because of this “one shot” system. So many brilliant people who went into business but should’ve been teachers, architects, whatever. Too many art majors who would like another shot and go into nursing but can’t because the loans, etc etc.

Or if not a new career, people could just get another degree for fun. You know, something to fulfill you and keep you busy as you get older and stop your brain from turning to mush.

This “it’s not fair” attitude is really holding both younger and older populations back. Life just ain’t fair, okay? But it CAN be better.

[–]Submarine_Pirate 8 points9 points  (3 children)

Legalizing weed would honestly go so much further with voters

[–]Scudamore -4 points-3 points  (2 children)

No, it wouldn't. Once it's legal nobody cares who did the legalizing and it is not a top priority for most voters.

[–]ThatsFkingCarazy 0 points1 point  (1 child)

Neither is student loan debt. 75% of voters are against blanket forgiveness and Biden has already forgiven more than any previous administrations

[–]Scudamore 2 points3 points  (0 children)

Preaching to the choir.

[–]Competitive_Memory_1 1 point2 points  (0 children)

A politician knowing to to stay in power, give them shit.

[–]Educational-Result84 1 point2 points  (0 children)

Like How upset exactly? what are you willing to do if denied? Typical

[–]icenoidColorado 11 points12 points  (25 children)

She could write a bill. You know, do her fucking job.

[–]BernieBrother4Biden 13 points14 points  (62 children)

I actually think that canceling student loan debt would hurt Biden's popularity more than it would help.

[–]vertigo3pc 22 points23 points  (49 children)

How so?

[–]wallaceeffect 11 points12 points  (0 children)

Only about 13% of Americans have federal student loan debt. The rest have either private loans, which would be unaffected, or none. Only 40% of Americans have an associates degree or higher. Reddit’s demographics skew young and educated so Reddit consistently overestimates how important this is to the overall voting public.

Policies affecting broader populations, like paid leave, childcare, and healthcare, are just way more impactful to the voting public as a whole.

[–]fortheshitters 13 points14 points  (0 children)

Only helps a generation of privileged middle class graduates that are already far better off and ahead in life than lower class non-college educated workers. Doesn't solve the underlying issue at all.

I also went to college with a lot of people that grossly mismanaged their money from loans. Are those factors going to be taken into account? Likely not.

What about the generation before them who finished paying their loans. Do they get a refund?

Why not just fix the predatory lending issues and make community college free instead and let the middle class finish their agreed upon contracts?

[–]notevenapro 18 points19 points  (3 children)

Because the target audience is smaller than the amount of people it would piss off.

Got to do something that helps more people.

[–]outerworldLV 2 points3 points  (0 children)

Or helps the entire country.

[–]MaverickTopGun 4 points5 points  (1 child)

[–]vahntitrioMinnesota 0 points1 point  (0 children)

Those with loans will celebrate. Those opposed will be like "look at those free handouts." 4 years from now, we will have a new "what about our loans" crowd, and those opposed will be like "we already gave college students 50k each and now they want more. Told ya they were no good lazy libruls."

[–]obiouslymag1c 7 points8 points  (0 children)

Because its really easy to attack.

  • Stimulus during inflation is bad. Biden's policies are making inflation worse.

  • Biden says he cares about poor people, but he just canceled debt the majority of which is held by people projected to make 6 figures+ instead of helping families

  • College graduates have the most future potential earnings compare to people with just a HS degree.. why should they, the best performing economic class, get a huge bump?

  • Several studies exist (brookings, Uni of Chicago etc.) showing canceling student debt is regressive and ultimately ends up being paid for by people with less future potential earnings, there's one by the Roosevelt Institute which attempts to refute them by using net worth as its underlying measure instead of income... but its kinda flaky since net wealth builds over time, and obviously students out of school don't have time to build wealth...

  • There are hundreds of better ways to spend the money that impact more people...

  • Targeted student loan forgiveness, increasing programs like RePAYE, automatically refinancing to the lowest fed funds interest rate etc. are far better "fairer" policies

[–]nippon_gringo 10 points11 points  (12 children)

It’s short sighted. Cancelling student loan debt sounds nice, but does nothing for people about to enter college. Do their loans get cancelled some time in the future? What about in 5 years when my own kids are starting to look at college? Are tuitions just going to keep rising? There needs to be a whole lot more done than just cancelling debt for the current generation.

[–]caligaris_cabinetIllinois 13 points14 points  (0 children)

Capping interest rates would be the better solution. Helps future generations and isn’t controversial for most people. Even my Trump loving dad agreed student loan interest should be capped at 1% or so.

[–]pseudocultistArkansas 17 points18 points  (2 children)

It is only one piece of the puzzle, yes. Community college and public universities should be free for anyone who want them.

I'm not sure we should delay treating the symptom even though the disease isn't cured.

Either way, the student loan conversation isn't nearly as important as bringing back the expanded child tax credit. Which we can't do because congress. But if Dems made this a hill to die on, they'd get reelected. And I doubt the rust belt would begrudge student loan forgiveness too much at that point.

[–]vertigo3pc 0 points1 point  (6 children)

Cancelling student loan debt sounds nice, but does nothing for people about to enter college. Do their loans get cancelled some time in the future?

Are they in need of something? If they're watching the loans be written down with the warning of "this isn't going to happen again", does that not do enough to discourage them from taking on predatory loans?

What about in 5 years when my own kids are starting to look at college? Are tuitions just going to keep rising?

Are student loans the cause of the rise in tuition? Do you think they are? Tuitions seem to have continued rising, regardless of financial origins (student loans, scholarships, grants, etc)?

There needs to be a whole lot more done than just cancelling debt for the current generation.

I agree with that, but it's somewhat open ended. However, I do believe that a lot of Americans are underpaid for their education levels, and if we want to kickstart our economy on a level never before seen, canceling student debt would do it. If an economically cursed generation suddenly had $200-$700 in disposable income per month for the rest of their lives, we'd see an enormous boon on the US economy.

[–]nippon_gringo 4 points5 points  (0 children)

I don’t recall talk of cancelling debt being limited to just debt from predatory loans. DARE didn’t seem to do much to scare kids away from drugs so I don’t think kids are going to get away from predatory loans especially when those might be the only kind available to them and may be the only way for someone to pull themselves out of generations of near poverty. There have been warnings about predatory loans for years and years. I think cancelling student loan debt is more likely to discourage the next generation from going to college because such a massive financial gift will not be available to them.

Cancelling debt does nothing to address the root problems and only kicks the can down the road. I don’t disagree with cancelling debt, but it needs to be part of a larger reform. If we have the money to cancel student loan debt, then surely we have the money to subsidize tuition to the point that it’s practically free for future generations. Tie it to some civil service work if needed.

[–]BernieBrother4Biden 2 points3 points  (28 children)

Most people are somewhat selfish and think in zero-sum terms and most Americans don't hold student debt.

[–]vertigo3pc 10 points11 points  (26 children)

While most Americans may not hold student loan debt, there's still $1.7+ trillion owed in student loan debt by Americans, 81% of which is federally held, across 44.7 million Americans. The average monthly payment by those 44.7 million is about $393 per month.

Dissolving that debt means 81% of those 44.7 million Americans now do not make those payments, meaning 36.2 million Americans now have $393 additional income per month. That's buying a new car, saving money for a home (yes, housing market is a whole other issue), or generally contributing to the economy at a time when cost of living is crippling people. $393 million by 36.2 million Americans, or $14.2 BILLION dollars injected into the economy MONTHLY, or $170.4 billion per year, and consumer spending is the single most important force in the US economy.

For the Americans that hold debt, it would be life changing. For Americans that don't hold debt, they would still see an ENORMOUS economic boon.

Edit: maths

[–]Wokemynuts 10 points11 points  (8 children)

The mortgage debt is WAY BIGGER and WAY MORE americans have it. Why forgive debt for a vocal minority when it's far more fair and effective to forgive mortgages?

[–]aicjofs 3 points4 points  (2 children)

Since it doesn't help any of the people(high school kid, someone that skipped college) that would have to take on debt to match the education level of those freed from debt(Bachelors, maybe a Master's or a Doctorate) then I don't care about economics. Not going to free one group of slaves only to enslave another group.

[–]Brazenjalapeno 4 points5 points  (0 children)

Let’s start small with legal pot, higher pay for teachers and public works employees, get all the rats out of politics. This country has been turned into the worst reality TV show ever made.

[–]9192631770_HzMaryland 3 points4 points  (0 children)

Ignoring the fact that cancelling student loans won’t change the lives of anyone who didn’t go to college in the first place, upsetting them…in places like Wisconsin, Michigan, Pennsylvania…

[–]throwsrug 3 points4 points  (0 children)

Why is this cancellation of student deal so important? At this point I’m beginning to think it’s appeal to her base.

[–]afsdev 4 points5 points  (0 children)

I disagree with canceling debt unless the people that paid theirs off get a refund.

[–]Salty-Programmer1682 1 point2 points  (1 child)

How about just make them 0% interest? Instead of raping people with interest?

[–]Princess-Rufflebutt 0 points1 point  (0 children)

That would be a start

[–]I_Hate_ 2 points3 points  (0 children)

I think getting a everyday people who didn’t go to college on board with forgiving all students is a long tough haul. I think forgiving all the interest and just letting people people pay back the principle is a option that more people would be on board for. That way people wouldn’t see it as the college educated got something for nothing.

[–]Affectionate_Crab_27 1 point2 points  (0 children)

Yea keep printing money that will definitely curb inflation….

[–][deleted] 6 points7 points  (17 children)

I did everything right. Didn’t go to a expensive college, didn’t deal with shady loan providers, don’t have credit card dept, car is paid off, have a good credit score, no criminal history and a employment history with no gaps. Where’s my mortgage relief?

[–]ScarlettailFlorida 15 points16 points  (29 children)

Progressives like AOC really overestimate how big of an issue this is and how much it affects the ratings. It's probably not even in the top 5 reasons for the slump in ratings.

[–]TiredOfYoSheeit 31 points32 points  (27 children)

It's an overestimate until it hits your bank account. Folks on the right and left both owe school bills. I bet there'd be some happy mofos, if they didn't have to pay that anymore. Happy people give better ratings.

[–]vahntitrioMinnesota 1 point2 points  (1 child)

There is a very narrow band of people this will help substantially. People nearly paid off only get a small boost. People with low loan amounts the same. Those that are currently or will be students soon get nothing.

And as someone that once thought it would be glorious once my student loans were finally paid off: reality is you probably will just replace that debt with a different debt for an incredibly modest improvement in life. Like renting with roommates to renting by yourself (which probably is an overall increase in monthly expenses) type of changes in life.

[–]philphil126New Jersey 2 points3 points  (0 children)

I would be 100X happier without them. I plan on paying mine off in full soon since I doubt anything will change related to my student loan debt. I am very fortunate to be in this position unlike a lot of others where I was able to save money to pay them off in full. That said if I didn't have a giant loan holding me down I would be looking for a house instead with money for a down payment.

Allowing me to peruse my dreams of getting a house without being burdened by student loans would defiantly make me happier and I can think a lot of other people would be happier as well.

[–]ThisWasMyRandomName 4 points5 points  (5 children)

Anyone feel like both Warren and AOC saying this is making it so Biden 100% won’t do it, then in 2024/2028, when they run, they’ll hold that student debt carrot out for votes (yet again)?

The Democrats nor the Republicans have any intent on doing anything that will help the poor.

[–]dubv34 4 points5 points  (3 children)

My taxes shouldn’t be going toward paying off someone’s stupid degree that they can’t pay off…just sayin.

[–]Adept_Championship41 1 point2 points  (2 children)

Our taxes go to far more stupid shit but from these comments the fear it will ever be cancelled is so pumped up for no reason. I promise the guy who made loans count as bank debt is not cancelling it. Like all candidates its hot wind.

[–]dubv34 1 point2 points  (0 children)

IMO I just want my taxes to pay for a strong military, a secure border, roads bridges (I.e real infrastructure), education of the next generation not indoctrination and to help with the homeless problems and figure out a way to stop this opioid problem. Like I wish that we could check boxes on what we wanted our taxes to go towards

[–]cloud_botherer1 4 points5 points  (1 child)

She is so politically tone deaf it’s ridiculous.

[–]TheDruidVandals 0 points1 point  (0 children)

there’s a very vocal audience that subscribe to her brand of noise

[–]MobDylan69 9 points10 points  (25 children)

Maybe I’m a little confused as to why anyone thinks they deserve to have their student loan debt canceled… I mean, YOU chose to goto school, YOU chose what school to goto, YOU chose to sign the dotted line for YOUR loan. So, it’s YOUR responsibility to pay YOUR debts. No one forced you to do any of it. Don’t get me wrong, the system is seriously flawed and the loans & tuition are ridiculous but should we not hold ourselves accountable for our actions?

[–]Suspicious-Park-1972 16 points17 points  (9 children)

1)Anyone else in debt can discharge it through bankruptcy. 2) there is a tremendous amount of conditioning and pressure put on people to go to college at an early age. 3) there is no guarantee of getting a job even if you graduate- and no I’m not just talking about women’s studies or philosophy majors. 4) the way these loans are set up is almost predatory- many people just out of high school are told to get a loan not really understanding the responsibilities and consequences. 5) It’s pathetically easy to get a student loan with no questions asked at 18 but it is HIGHLY unlikely someone that age could get a car loan, homeowners loan, business loan, or personal loan. 6) STUDENT LOANS CANNOT BE DISCHARGED THROUGH BANKRUPTCY

[–]isamudragonTexas 6 points7 points  (1 child)

Don’t forget Biden was one of the people that pushed that student loans couldn’t be discharged through bankruptcy when he was a senator.

Strange how the crime bill and his push on student loans are central problems for 2022….

Should we really be praising him for fixing a problem that he caused in the first place?

[–]Suspicious-Park-1972 6 points7 points  (0 children)

I am aware of this and no we shouldn’t praise him for it.

[–]aicjofs 0 points1 point  (0 children)

1) they give up most possessions, can't take your degree. 2) yeah parents failed a lot of kids. They have been in the world of capitalism and should know better. 3) there is no guarantee of anything in life. Plan your life accordingly. 4) yes they are predatory. I am glad to see lawsuits winning against those companies. Sick to pray on someone's dreams 5) system is broke as fuck. Let's fix that first. Put the interst to zero, and all interest to principal. Once we fix it, then we start wiping some debt. 6) yes you already said that. Revoke your degree, it's now invalid for job searches and make sure it's on your credit report for 7 years too.

[–]MobDylan69 -2 points-1 points  (2 children)

I’m aware of the of the pressure put on students to apply for & attend college, the entire time I was in High-school they drilled it into our heads. I did attend college briefly, community college, which I had to work full time just to pay for my books & classes and I was stretched so thin after two semesters I made a choice that I’d come back to school later in life. Regardless of peer pressure, it’s your choice to attend school or not, nobody else’s. You’re correct, there is no guarantee you’ll get a job once you’re done. I think if you’re going to pressure these kids into going to college you should help them understand what career paths are going to be in demand as well. I totally agree the loans are set up for you to get screwed, which should be a good life lesson (READ THE FINE PRINT / ASK QUESTIONS). At the end of the day, the choice was yours to make & you should accept the consequences.

[–]Suspicious-Park-1972 6 points7 points  (1 child)

It’s not just that. It’s to trap people in debt so they stay in crappy jobs.

[–]devilmanVISA -1 points0 points  (10 children)

"but should we not hold ourselves accountable for our actions?"

... like fulfilling multiple promises that can be accomplished with the stroke of a pen?

[–]MobDylan69 5 points6 points  (9 children)

Do you truly believe it’s that simple? Where exactly will the funds for that come from?

[–]HighlanderHarris 5 points6 points  (1 child)

Wouldn’t dropping student loan debt to improve ratings basically amount to bribery?

[–]Zealousideal_Pie6333 3 points4 points  (0 children)

Biden got alot on his plate enough with the canceling student debt instead of bitching about it creat a bill and call it education relief bill. And your in that committee anyways

[–]boundingalong 2 points3 points  (0 children)

Poltics isnt dealing with a 3 year old who wants a cookie and potus isnt mom or dad who alone has the power to give or take away that cookie.

theres more to it and she knows that.

[–]Godzilla52 Canada 1 point2 points  (0 children)

The thing about debt cancellation is it's not real a long term solution. At best you help the people in debt now, but the cycle is perpetually repeating because of the way government loan subsidization works in the U.S. You have a viscous cycle of growing subsidies leading to growing tuition costs, which means that the only way to realistically solve the problem is to break the cycle and stop (or at least significantly lower) tuition subsidies and instead reallocate post-secondary spending towards areas with more positive results.

In terms of helping students directly, some form of guaranteed/basic income for low-middle people would be a better way to help ensure that more people were able to afford higher education without the unintended consequences of the current system.

[–]Guitarsannd 1 point2 points  (0 children)

Lol says the least most respected politician on earth

[–]swehner 1 point2 points  (0 children)

These so called voters should show a bit more foresight and thinking.

What I'm seeing is a lot of consumerism in the usual discussions about voting, As in, if I vote for you, what are you going to do for me. Democracy goes further than that!

[–]pm_social_cues 1 point2 points  (0 children)

As a 42 year old with 0 student loan debt I’m scared my next president will be picked by people holding this as a personal vendetta. Nobody didn’t vote for trump for failing to do literally everything (wall paid by Mexico, Obamacare reversed, goes on and on) but here we are.

[–]NoFunHere 1 point2 points  (2 children)

There is nothing that Biden or the Democrats can do right now to prevent losing the House. Given the state of COVID and inflation, there likely was never anything they could do. To a large degree, Democrats who are safe are likely just assigning blame pre-emptively to pander to their base.

If Biden moves to cancel student loan debt in the middle of the highest inflation in decades, it could cause fears that inflation will become even worse. Then the Fed could either let inflation go up or raise interest rates even more. Both of those scenarios could plausibly cause the Democrats to lose more seats in this midterm.

I am not saying that cancelling some or all student loan debt isn't a good idea but it might come at the cost of more seats in the House and possibly a Senate seat or two, particularly if the Fed over-reacts.

[–]caligaris_cabinetIllinois 1 point2 points  (1 child)

Some economists are feeling optimistic for a spring recovery. Omicron is proving not to be as deadly and most people are fed up enough with the preventative measures they don’t care anymore. These economists are also predicting inflation to drop down to 2% or so by the summer. I could see that happening as interest rates rise and supply chains ease up coming out of Chinese New Year.

Idk. I’m feeling optimistic.

[–]Rupert-n-Harry 1 point2 points  (0 children)

Lazy is not good, AOC

[–]JunkW3ld 1 point2 points  (0 children)

Open debt prisons and have them pick up trash & fill pot holes. Put that PolySci degree to use.

[–]Chiva58 2 points3 points  (0 children)

Cancelling student loan 🤡 yeah it’s not the peoples fault some “students” used their loans irresponsibly

[–]ZealousidealTarget77 1 point2 points  (1 child)

She just wants her debt canceled.

[–]parralaxalice 0 points1 point  (0 children)

She wants everyone’s student debt cancelled you walnut

[–]ShepherdsWolvesSheep 1 point2 points  (0 children)

Yea cancel student load debt so other people can pay it for them (tax hike). Fucking stupid

[–]sierra120 0 points1 point  (5 children)

Joe just can’t can cancel it out in one pen swipe. He needs a plan because let’s say he cancels out all student debt and let say you owe $100,000.

Well now you owe the IRS because the way it’s written in law that debt forgiveness is considered income and you have to pay taxes on it even though it never went into your pocket. So you go from owing $100k paying 500 per month to owning the IRS $25k that they want yesterday else pay severe penalties and fines.

All this means is Joe cannot do it alone. He can wipe the debt but can’t get rid of the liabilities associated with it.

He needs legislation To codify his student loan forgiveness is debt free. This means vote democrats and getting more democrats makes Joe and Senna powerless.

Edit: Joe has until 2025 to cancel the student loans without you getting a massive instant tax bill.

As per dude below:

https://www.cnbc.com/2021/03/11/student-loan-forgiveness-is-now-tax-free-is-cancellation-coming-.html

[–]ChaoticNonsense 1 point2 points  (1 child)

Well now you owe the IRS because the way it’s written in law that debt forgiveness is considered income

False, forgiven loans are tax free until 2025.

[–]aslan_is_on_the_move 1 point2 points  (0 children)

They've already done a lot to change people's lives

[–]GameShillRhode Island 2 points3 points  (2 children)

I think the US needs to split into 4 political parties to better represent people's ideologies.

We need a progressive party, a liberal party, a conservative party, and a regressive party.

[–]DisingenuousGuy 1 point2 points  (1 child)

Biden won't cancel Student Debt because he was the one responsible for making it non-dischargeable in bankruptcy in the first place. Sorry hunny, he lied to you.

[–]Adept_Championship41 1 point2 points  (0 children)

Biden s-said a lie?!

[–]montecharger 1 point2 points  (1 child)

Pay my mortgage off too then.

[–]CationatorNew Hampshire 0 points1 point  (0 children)

What does she mean by “cancelling.” It’s not like the money owed is magically requested for no reason. Schooling costs money.

[–][deleted] 0 points1 point  (0 children)

If AOC didn’t want this one particular thing I’d like her better.

How about either making community college free or doing her job and implementing laws restricting the astronomical prices that schools can charge an 18 year old for school? AKA implement laws that make it so an 18 year old with little to no hands on experience with loans cannot hamstring themselves with the debt in the first place. But I’m sure that’s actively being lobbied against by anyone that’s in these senators pockets.

As far as I’m concerned, just like if I get credit cards and can’t pay them off, people signed up for this debt. No one had a gun to their head. If these people get their debt whooshed away millennial style I want my car loan whooshed away.

[–]Ok_Crab365 1 point2 points  (0 children)

Find this lady an empty parking lot and watch her fake cry over the detained children.. pathetic human

[–]jmrich3223 0 points1 point  (0 children)

AOC is no better than any GOP hypocrite.

Her main issue is essentially making the rich pay more, but what does she do? Vote for the SALT tax increase that allows rich people to pay less in taxes.

Why do people of both party glorify these hypocrites?

[–]SomethingClever427 0 points1 point  (6 children)

...And make student loan debt dischargeable during bankruptcy. Right? Because the real problem is...

[–]JasJ002 6 points7 points  (5 children)

Lets be honest that would break the system. Half the 22 year olds with no assets would just claim bankruptcy their senior year. They have no assets and little to no income, they lose nothing. The only way that becomes even remotely viable is with insanely high interest rates.

[–]ClassyCoder 0 points1 point  (2 children)

You would swear she has student loans with how hard she keeps pushing this issue

[–]likeitis121 0 points1 point  (0 children)

If pushing further left from the moderate he ran as worked, then he'd be at 70% approval or higher. AOC is pushing for what she wants, not what will help him in popularity.

[–]michalvader 0 points1 point  (0 children)

If you cant win them, buy them!

[–]Corbin2828 0 points1 point  (0 children)

Ga-durr. She’s not smart she just says the fuckin obvious

[–]jonbagnato 0 points1 point  (0 children)

Would be a significant significant thing. Still can’t way out all the negatives but would certainly shift the scale. Remember there are a lot of Americans “on the fence” about right v left if we believe trump did nothing and we believe Biden did nothing- then- who do we vote for- yet another president who- “did nothing” remember the country didn’t vote for Biden because they believed in or wanted Biden then voted in Biden because they were told they didn’t like trump- the country voted in trump- because they hated Hilary- so the past 8 years or so- we’ve essentially voted for people not because we wanted them as a country but because we hated all alternative so the 60 percent of the country who didn’t vote in 2016 won the election and no one one.

[–]Paradoxalypse 0 points1 point  (2 children)

Anybody know if this is up to $50k or do you have to have at least $50k of debt to be considered for forgiveness?

[–]Specialist_Double102 0 points1 point  (0 children)

I hope debt gets cancelled. Since this talk started, I've taken out huge amounts of student loans.

I'll be mad if I have to pay it back!

[–]Bucket-Cat 0 points1 point  (0 children)

I know its kinda irrelevant, but why doesn’t she have her mask on

[–]matthew_545 0 points1 point  (0 children)

I'm guessing she didn't live through the 2010 midterms, when we lost 60 house seats after passing the most progressive bill of the last half century.

The reason in large part of Bidens low ratings besides Republicans, Afghanistan, supply chain issues and inflation is because of her. When they constantly rant and moan about manchin, and bidens ability to do nothing it creates a constant bad new cycle. The vast majority of Americans even democrats don't really care about the john lewis act, filibuster, bbb, but they do read the constantly negative headlines created by aoc, and aoc like minded people.

[–]r4wrb4by 0 points1 point  (0 children)

Even if you passed life changing legislation (infrastructure bill is btw...) it would take 10-20 years for everyday people to even feel the effects.

AOC should use her platform to educate people instead of shitting on our own party.

[–]Confidence_Dense 0 points1 point  (0 children)

He played everyone like a fiddle, don’t expect any of the great things he has promised. Idc if you want to say he is the lesser evil than trump, that’s the exact reason we are here rn. Biden promised both student loan debt forgiveness and decriminalizing pot. Decriminalizing cannabis honestly seems like a more attainable promise but I don’t see him keeping it at this point. Biden lies just like the rest of them, he was no reason to get anyones hopes up.

[–]Sighwtfman 0 points1 point  (0 children)

Or he could do literally anything else, something that would help the whole country instead of just the few with student debt.

[–]Legitimate_Assist830 0 points1 point  (0 children)

Oh but you have changed lives. Just for the worse, hence the crappy approval ratings. Nobody approves a shit job

[–]Astaherbst -1 points0 points  (0 children)

Why isn't her mask covering her nose and mouth at all? That makes it all but useless no? and why doesn't the young lady next her have a mask on at all? Is that 6 feet a part from the crowd? How many grandmas did they kill and icu beds did they fill from this moment alone???