One of the more pervasive and noxious lies in American politics is the idea that relieving student debt would be a giveaway to the wealthy. Donald Trump’s running mate J.D. Vance, for instance, has called student debt relief “a massive windfall to the rich,” arguing that “Republicans must fight this …
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On Friday, President Joe Biden’s administration announced its latest student debt relief effort, authorizing $7.4 billion in student loan debt forgiveness for 277,000 borrowers. This latest round of debt forgiveness takes place under Biden’s Saving on a Valuable Education (SAVE) program, which ties monthly student loan payments and debt forgiveness …
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The morning after I graduated high school, I awoke to read the Supreme Court’s Dobbs decision, an attack on the right to control of one’s own body that led to a year of exhaustive anti-choice legislation. On Thursday, the summer after my first year at Harvard University, I awoke to …
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Bernie Sanders is tired of Republicans complaining about legislation that helps working people while they support bills that give billionaires tax breaks. Appearing on ABC’s This Week days after President Joe Biden announced up to $20,000 in student loan forgiveness for borrowers, Sanders said, “I know it is shocking to …
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Conservatives have been none too pleased with President Biden’s move on Wednesday to cancel $10,000 in student debt for borrowers earning less than $125,000 a year and $20,000 for Pell grant recipients. Stephen Moore, a right-wing economist former President Trump tapped for a spot on the Federal Reserve, joined the …
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In September of 2019, Bernie Sanders announced from the Democratic presidential primary debate stage that, if elected, he would “cancel all student debt in this country.” Elizabeth Warren made a similar proposal during her campaign, but the progressives’ plans to nullify the vast majority of student loan debt — $1.75 …
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President Joe Biden announced a plan to forgive up to $10,000 of federal student debt for borrowers making less than $125,000 a year, $20,000 for Pell Grant recipients, and an extension on loan payment deferments through December 31, 2023. Biden said in announcing the plan on Twitter that the move …
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President Biden has been flirting with the idea of some kind of student debt relief for years. But yesterday, in a closed-doors meeting with Democrats, he gave some indication that real, widespread forgiveness is a real possibility. The Washington Post reports that this likely won’t take the form of a …
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