Re:Supreme Court Rejects Student Loan Forgiveness Plan
by sanderjd on Friday June 30, 2023 @11:50AM
(#36537141)
Details matter. It's not a good analogy.
I definitely support the development of a policy designed to attack the short term problem of untenable student debt (to the extent there is a problem... I think income based repayment is already a good policy targeting this), while also targeting the underlying causes of the student debt situation.
But this forgiveness policy was not that. It was a half-assed political gesture toward a campaign promise that the administration never seriously thought was going to solve any problems.
They picked their legislative priorities intentionally (pandemic recovery, infrastructure, and climate), and explicitly chose not to include this one.
I definitely support the development of a policy designed to attack the short term problem of untenable student debt (to the extent there is a problem... I think income based repayment is already a good policy targeting this), while also targeting the underlying causes of the student debt situation.
But this forgiveness policy was not that. It was a half-assed political gesture toward a campaign promise that the administration never seriously thought was going to solve any problems.
They picked their legislative priorities intentionally (pandemic recovery, infrastructure, and climate), and explicitly chose not to include this one.