380

President Biden announces over 1 Million public service workers have received student debt cancellation under the Biden-Harris Administration. (www.whitehouse.gov)

submitted 13 hours ago* (last edited 13 hours ago) by Dot@feddit.org to c/politics@lemmy.world

41 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] suburban_hillbilly@lemmy.ml 1 points 4 hours ago

And it was that all private student loans were stripped of their bankruptcy protections. Federal loans were given an out but its very difficult. But the amount of private loans exploded and those couldn’t be cleared at all. That’s it. The final truth.

https://www.consumerfinance.gov/about-us/blog/busting-myths-about-bankruptcy-and-private-student-loans/

For too long, a myth has persisted that student loans are not dischargeable in bankruptcy. The myth is not true because, in fact, student loans can be discharged bankruptcy. We have seen the Department of Education take important steps to ensure that bankruptcy relief is available to federal student loan borrowers. It is vital that private student loan borrowers also receive the relief the Bankruptcy Code provides —and that loan owners, lenders, servicers, and debt collectors honor that relief when a bankruptcy judge discharges a consumer’s debts.

Straight from the fucking CFPB. Stop repeating lies that harm people by making them believe they don't have options that they do.

Its not their predecessors if its the same person.

The Biden administration was not running the Department of Education from 2017-2020.

I don't know why you're having such a hard time with this. I'm not talking about everything the democrats and Joe Biden ever tried to do in relation to students loans. I'm not talking about every mess ever made. I'm talking about their handling of the PSLF program. You know, the thing the thread is about.

You thinking that it’s right is indication of exactly what side you already agree with.

Saying I said it was right, when I explicitly said it was wrong. Well done.

So they drew a line. It ended up being in the wrong place and it needs to be redrawn.

this post was submitted on 17 Oct 2024

380 points (99.2% liked)

politics

19050 readers

4368 users here now

Welcome to the discussion of US Politics!

Rules:

Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

• Register To Vote

• Citizenship Resource Center

• Congressional Awards Program

• Federal Government Agencies

• Library of Congress Legislative Resources

• The White House

• U.S. House of Representatives

• U.S. Senate

Partnered Communities:

• News