Biden pushes decision on student loan forgiveness to late summer

How much will he forgive?


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Thavoiceofthevoiceless

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Likely he met with other democrats who asked for a meeting before he made a decision and they asked him to wait so it would be closer to midterms

That's more than likely what ended up happening as student loan executives have been saying that he was going to do the $10,000 and they have no reason to lie about it since it's costing them money in the long run. With that being said, if that decision doesn't come to fruition in the summertime, then it's a wrap for Democrats during midterms.
 
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He’s going to meet in the middle of 10k and 50k, forgiving 30k.

10k is too insubstantial, small enough to irritate good people who’ll be nominally less burdened by an amount that meager. 50k is a welcome amount, but large enough to be seen as excessive, especially among more moderate members of the base.

30k is my guess.

:yeshrug:
 

humminbird

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He’s going to meet in the middle of 10k and 50k, forgiving 30k.

10k is too insubstantial, small enough to irritate good people who’ll be nominally less burdened by an amount that meager. 50k is a welcome amount, but large enough to be seen as excessive, especially among more moderate members of the base.

30k is my guess.

:yeshrug:
30k is a good amount
 

Thavoiceofthevoiceless

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He’s going to meet in the middle of 10k and 50k, forgiving 30k.

10k is too insubstantial, small enough to irritate good people who’ll be nominally less burdened by an amount that meager. 50k is a welcome amount, but large enough to be seen as excessive, especially among more moderate members of the base.

30k is my guess.

:yeshrug:

It's going to be 10K which is the amount that he's been saying the entire time.
 

bnew

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wish this dumbass p*ssy would just come out and say he ain't doin shyt. worthless-ass politician scum.
you do realize a lot of those loans are connected to SLABS(Student Loan Asset Backed Securities) and in turn a lot of collateral that once deemed worthless could seriously hurt the stock market.

i'm not saying he shouldn't do it but it's possible he's waiting for the market to go down and then do it so his actions wouldn't be blamed for it.
 
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