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Best I Can Do Is... (lemmus.org)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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Meme Source: https://imgflip.com/i/7ued5h

Source: https://12ft.io/proxy?q=https%3A%2F%2Fjacobin.com%2F2023%2F07%2Fjoe-biden-cancel-student-debt-higher-education-act%3Fmc_cid%3Dbdc4f80015%26mc_eid%3Dfed5180667

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[–] [email protected] 1 points 1 year ago (2 children)

You clearly didn't read the article.

[–] [email protected] 11 points 1 year ago (1 children)

I mean, as of monday his admin just instated a low income repayment plan where you don't have to make payments after the October payment restart if you're an individual making less than $32k/yr or married making $67k/yr household.

So there's that.

[–] [email protected] 5 points 1 year ago

Also it stops interest capitalization

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

Oh, I read it. The thing is absolutely idiotic.

Edit: it literally argues that he should have implemented it in a way that wouldn't give the SC time to say it's wrong. That's fucking idiotic. That's not how it works. You think they'd be like, "oh well, can't do anything about it now." No. They'd just reinstate the fucking debt.