President Biden, in a statement, says his administration today is beginning to cancel #StudentDebt loans for 804,000 borrowers. https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/14/statement-from-president-joe-biden-on-student-loan-debt-cancellation-for-more-than-800000-borrowers/
U.S. credit card debt tops $1 trillion https://politicaliq.com/2023/08/08/u-s-credit-card-debt-tops-1-trillion/ #CreditCard #debt #inflation #economy #AutoLoans #interestrates #mortgage #studentdebt #politicaliq #news #politics
#creditcard #debt #inflation #economy #autoloans #interestrates #mortgage #StudentDebt #politicaliq #News #politics
Conservative Groups sue Biden Administration over Student Debt Forgiveness Plan https://politicaliq.com/2023/08/07/conservative-groups-sue-biden-administration-over-student-debt-forgiveness-plan/ #Biden #EducationDept #StudentLoans #StudentDebt #SupremeCourt #SCOTUS #CatoInstitute #politicaliq #news #politics
#biden #educationdept #studentloans #StudentDebt #supremecourt #SCOTUS #CATOinstitute #politicaliq #News #politics
#lizwarren #ElizabethWarren #studentloans #studentdebt #debtforgiveness #petition
Liz Warren has been lying for too long about the presidential powers to cancel student debt. However, congress could pass laws to cancel debt, and all kinds of other powerful things. Let's all remind Liz that she has a job, & that job gives her the power, & also the responsibility, to do something useful about student debts.
So let's all say, c'mon, Liz, you can do more than stir up hate!
#lizwarren #elizabethwarren #studentloans #StudentDebt #debtforgiveness #petition
Biden Administration Forgives $39 Billion in Student Debt https://politicaliq.com/2023/07/14/biden-administration-forgives-39-billion-in-student-debt/ #studentloanforgiveness #StudentDebt #Biden #Cardona #EducationDept #SupremeCourt #HEROESact #politicaliq #news #politics
#studentloanforgiveness #StudentDebt #biden #cardona #educationdept #supremecourt #heroesact #politicaliq #News #politics
@bombaylady @purplepadma @vertana
🥥 Most students in most developed countries in the world don't have #StudentDebt like we have in the USA.
Put THAT in your pipe and smoke it next time you're thinking of voting #Republican. 🥥
Someone should really infiltrate the southern baptist convention and demand a debt jubilee based on the book of leviticus to get rid of #StudentDebt in this country.
folks it's time to sound the loud trumpet 🎺
https://www.biblegateway.com/passage/?search=Leviticus%2025:8-55&version=ESV
Biden Accused of 'Stabbing Student Debtors in the Back' With Response to SCOTUS Ruling..#Biden..#studentdebt https://www.commondreams.org/news/biden-cancel-student-debt
Biden Accused of 'Stabbing Student Debtors in the Back' With Response to SCOTUS https://www.commondreams.org/news/biden-cancel-student-debtRuling.#studentdebt
how about we pay for #StudentDebt instead of invading Iraq? we'll save lots of money, and won't be terrible war criminals
it's Not forgiveness - it's OUR fucking money -
#StudentDebt #studentloans #studentloanforgiveness
With the US Supreme court overturning the Biden administration's #StudentLoan forgiveness program, 43 million borrowers will have to pay back the full amount starting in October.
There are options for reducing debt for borrowers already in default, and the White House says nobody will be reported to a credit bureau for nonpayment for a year.
But millions will face renewed hardship -- and the $$ loan payments reduce economic growth by about 0.4%
https://theconversation.com/now-that-president-bidens-student-loan-cancellation-program-has-been-canceled-heres-whats-next-208551 #StudentDebt #News
#studentloan #StudentDebt #News
Bring on the Snarkers, that’ll stop an oligarchy and republicans. Sorry no #studentdebt relief. #GetInvolved #BrokenDemocracy #BrokenCapitalism usaunify.org
#StudentDebt #getinvolved #brokendemocracy #brokencapitalism
Biden Calls for New Actions After Supreme Court Rejects Student Loan Forgiveness https://politicaliq.com/2023/06/30/biden-calls-for-new-actions-after-supreme-court-rejects-student-loan-forgiveness/ #Biden #12MonthOnRamp #SupremeCourt #SCOTUS #StudentLoanForgiveness #StudentDebt #Biden #HEROESact #JohnRoberts #Supermajority #politicaliq #news #politics
#biden #12monthonramp #supremecourt #SCOTUS #studentloanforgiveness #StudentDebt #heroesact #johnroberts #supermajority #politicaliq #News #politics
as expected, the supreme court sidestepped the question of whether or not anyone was actually getting hurt by the #StudentDebt relief program by saying "we just wanna"
#Poll: Would forgiving student loans help or hurt the future of the country? https://politicaliq.com/2023/06/30/supreme-court-rejects-bidens-student-loan-forgiveness-plan/ #SupremeCourt #SCOTUS #StudentLoanForgiveness #StudentDebt #Biden #HEROESact #JohnRoberts #Supermajority #politicaliq #news #politics #opinion #opinionpoll
#poll #supremecourt #SCOTUS #studentloanforgiveness #StudentDebt #biden #heroesact #johnroberts #supermajority #politicaliq #News #politics #opinion #opinionpoll
Two points:
1) Core problem is that #StudentDebt (and all consumer debt, for that matter) is a marketable commodity
Resold and assembled into tranches and then CDOs, student debt is traded for profit by financial managers to further enrich Elon Musk, Jeff Bezos, Peter Thiel et al
2) #LeonardLeo and the #FederalistSociety and their hand-picked #SCOTUS Justices have rendered the #UnitedStatesofAmerica into an #EvangelicalChristian / #CatholicDominionist #Theocracy
Game over
#StudentDebt #leonardleo #federalistsociety #scotus #unitedstatesofamerica #evangelicalchristian #catholicdominionist #theocracy
Supreme Court Rejects President Biden's Student Loan Forgiveness Plan https://politicaliq.com/2023/06/30/supreme-court-rejects-bidens-student-loan-forgiveness-plan/ #SupremeCourt #SCOTUS #StudentLoanForgiveness #StudentDebt #Biden #HEROESact #JohnRoberts #Supermajority #politicaliq #news #politics
#supremecourt #SCOTUS #studentloanforgiveness #StudentDebt #biden #heroesact #johnroberts #supermajority #politicaliq #News #politics