Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
The Education Department called the suit “a desperate attempt from right wing special interests to keep hundreds of thousands of borrowers in debt.”
“We are not going to back down or give an inch when it comes to defending working families,” the department said in a statement.
Do they even realize that lots and lots of working families are provided for by people who, spoiler alert, are student loan borrowers?
Yes. That’s the point.
If working families get out of poverty they have to be paid more when you want to exploit their labor.
At some point you have to wonder how does this benefit conservatives at all? On the contrary, forgiving student debt would free up the income of several people in their districts to spend money and stimulate the economy. From a church’s perspective, any money that isn’t being spent on repayment is potentially money being dumped into their collection plates. And for all those conservative people who want liberals/queer people/racial minorities to move away from them, they would certainly have more money to do so. Even to the most die hard conservative, I don’t see how this isn’t an absolute win?
It helps people, and for conservatives the cruelty is the point.
Nah, they feed their base hate but that’s their playbook and not the point.
Power and money are the point and poor people are easier to exploit. Everything they’re doing, even abortion, is about keeping the cycle of poverty going.
The overlap of “old people who donate to churches” and “people with student debt” is probably quite low. Debt and hardship breeds low-income, low-educated future generations, and those uneducated bloodlines are easier to convince to go to church.
Keeping middle america poor, uneducated, and struggling is a direct benefit to both religion and the corporate bottom line.
Poor, vulnerable people are easier for the capitalist class to exploit for lower wages.
I know one generation in particular who is going to be pissed about this…
The one who was able to afford a year of college after working a single part-time job over the summer?
My genx Brother in Law loves to bring up how he had to pay for college working a pressure washing and catering job. So that’s two part-time jobs. 🙄 Of course the idea of student loan forgiveness is outrageous to him.
I don’t understand why they keep doing research on curing cancer. it wouldn’t be fair to my dad who died a couple years back. just not fair at all.
I don’t understand why they bailed out the banks in '08, it wasn’t fair to citizens who were in debt because their houses were underwater, just not fair at all.
I am also Gen X with 2 teenagers. My college tuition was roughly $3-5k per year. For my kids, college tuition will be $9k/year. I have no problem with student loan forgiveness. College tuition has gotten out of control and student loans are holding younger generations back.
I am also genX and my tuition at a shit-tier school out west was 15k/year in 2003. After losing everything in a messy divorce my 45k owed became 70k over night (I lost all my bursaries and scholarships when I left school 2 weeks early).
The GOP/Nazi party is sickening to watch in their cruelty.
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