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#student loan crisis
thoughtportal · 10 months
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worldstoforge · 3 months
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The thing that really burns me up about student loans (besides their existence and everything about them) is that not enough people are angry that they took out tens of thousands of dollars and still lived as paupers, scrimping and saving to eat and exist while going into massive debt for nothing.
You ate scraps. You lived in squalor. They stole your health, your sleep, your youth. You lived under the thumb of a capitalist education system and they made you pay for it.
Why are we not up in arms about this?!
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nakanx · 10 months
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i haven’t seen anyone talking about this yet, so i thought i’d share. in the last 24 hours, the SCOTUS has made racial discrimination legal in colleges, and sexual orientation discrimination legal in workplaces (as a consumer, not an employee, as far as i know), and has blocked student-loan cancellation.
they’re really working overtime to ruin the lives of so many americans
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capesandshapes · 10 months
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The supreme court has rejected student loan forgiveness and ended affirmative action, effectively ensuring the financial and educational kneecapping of two generations of americans and reminding us that our current political leaders don't care about the future of this country, just maintaining the status quo.
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rodgermalcolmmitchell · 10 months
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The Republican solution to student debt
Here is the Republican solution to student debt, as brought to you by the Libertarian Reason.com Can Republicans Fix Student Debt? Unlike Democrats, Senate and House Republicans have released proposals that would actually tackle the root causes of increasing student loan debt. Emma Camp | 6.16.2023 As a long-awaited Supreme Court decision on President Joe Biden’s massive student loan…
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batboyblog · 1 month
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Things Biden and the Democrats did, this week #10
March 15-22 2024
The EPA announced new emission standards with the goal of having more than half of new cars and light trucks sold in the US be low/zero emission by 2032. One of the most significant climate regulations in the nation’s history, it'll eliminate 7 billion tons of CO2 emissions over the next 30 years. It's part of President Biden's goal to cut greenhouse gas emissions in half by 2030 on the road to eliminating them totally by 2050.
President Biden canceled nearly 6 Billion dollars in student loan debt. 78,000 borrowers who work in public sector jobs, teachers, nurses, social workers, firefighters etc will have their debt totally forgiven. An additional 380,000 public service workers will be informed that they qualify to have their loans forgiven over the next 2 years. The Biden Administration has now forgiven $143.6 Billion in student loan debt for 4 million Americans since the Supreme Court struck down the original student loan forgiveness plan last year.
Under Pressure from the administration and Democrats in Congress Drugmaker AstraZeneca caps the price of its inhalers at $35. AstraZeneca joins rival Boehringer Ingelheim in capping the price of inhalers at $35, the price the Biden Admin capped the price of insulin for seniors. The move comes as the Federal Trade Commission challenges AstraZeneca’s patents, and Senator Bernie Sanders in his role as Democratic chair of the Senate Health Committee investigates drug pricing.
The Department of Justice sued Apple for being an illegal monopoly in smartphones. The DoJ is joined by 16 state attorneys general. The DoJ accuses Apple of illegally stifling competition with how its apps work and seeking to undermining technologies that compete with its own apps.
The EPA passed a rule banning the final type of asbestos still used in the United States. The banning of chrysotile asbestos (known as white asbestos) marks the first time since 1989 the EPA taken action on asbestos, when it passed a partial ban. 40,000 deaths a year in the US are linked to asbestos
President Biden announced $8.5 billion to help build advanced computer chips in America. Currently America only manufactures 10% of the world's chips and none of the most advanced next generation of chips. The deal with Intel will open 4 factories across 4 states (Arizona, Ohio, New Mexico, and Oregon) and create 30,000 new jobs. The Administration hopes that by 2030 America will make 20% of the world's leading-edge chips.
President Biden signed an Executive Order prioritizing research into women's health. The order will direct $200 million into women's health across the government including comprehensive studies of menopause health by the Department of Defense and new outreach by the Indian Health Service to better meet the needs of American Indian and Alaska Native Women. This comes on top of $100 million secured by First Lady Jill Biden from ARPA-H.
Democratic Senators Bob Casey, Tammy Baldwin, Sherrod Brown, and Jacky Rosen (all up for re-election) along with Elizabeth Warren, Cory Booker, and Sheldon Whitehouse, introduced the "Shrinkflation Prevention Act" The Bill seeks to stop the practice of companies charging the same amount for products that have been subtly shrunk so consumers pay more for less.
The Department of Transportation will invest $45 million in projects that improve Bicyclist and Pedestrian Connectivity and Safety
The EPA will spend $77 Million to put 180 electric school buses onto the streets of New York City This is part of New York's goal to transition its whole school bus fleet to electric by 2035.
The Senate confirmed President Biden's nomination of Nicole Berner to the Court of Appeals for the Fourth Circuit. Berner has served as the general counsel for America's largest union, SEIU, since 2017 and worked in their legal department since 2006. On behalf of SEIU she's worked on cases supporting the Affordable Care Act, DACA, and against the Defense of Marriage act and was part of the Fight for 15. Before working at SEIU she was a staff attorney at Planned Parenthood. Berner's name was listed by the liberal group Demand Justice as someone they'd like to see on the Supreme Court. Berner becomes one of just 5 LGBT federal appeals court judges, 3 appointed by Biden. The Senate also confirmed Edward Kiel and Eumi Lee to be district judges in New Jersey and Northern California respectively, bring the number of federal judges appointed by Biden to 188.
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hesitantweevil4 · 7 days
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one good thing to come of all this is the free bootlicker blocklist in these tags
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thundergrace · 6 months
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We do not want this. This is not a decision being made on behalf of the American people. Literally, no one wants this, and we're being forced to pay for it. Our tax dollars funding genocide. I feel sick. I don't think any amount of protests on any scale will change anything because clearly, this is a nefarious and corrupt government decision, likely fueled by greed. It wasn't made with American citizens in mind, so I'm not sure how we can stop it.
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best-ofpjo · 3 months
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watching luke castellan go insane on the big screen reminds me of a lot of when i went insane last week. different reasons tho
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bunnyhugs22 · 3 months
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thoughtportal · 1 year
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isfjmel-phleg · 2 months
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😱
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formulapisces · 3 months
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im really having a moment right now.
i dropped out of school and college and i really had no hope, i quit my job and i thought i was a failure but i’m starting uni this year after 3 or so years of pure stress 😭 i might cry.
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Vermont Sen. Bernie Sanders has now voiced his strong opposition toward Speaker of the House Kevin McCarthy and President Joe Biden's debt-ceiling deal.
On Saturday night, McCarthy and Biden announced they had finally reached an agreement on raising the debt ceiling until 2025 in legislation called the Fiscal Responsibility Act. The Congressional Budget Office estimated the legislation includes about $1.5 trillion in spending cuts through new work requirements for federal programs like SNAP. It also codifies the end of the student-loan payment pause and increases military spending.
Lawmakers on both sides of the aisle have criticized the bill due to the compromises Biden and McCarthy ended up having to make, with both Democrats and Republicans already saying they will vote against the legislation. Sanders is the latest to come out against the bill, explaining in a lengthy statement why he cannot "in good conscience" support to the legislation.
"The best thing to be said about the current deal on the debt ceiling is that it could have been much worse," Sanders said in the statement.
"Deficit reduction cannot just be about cutting programs that working families, the children, the sick, the elderly, and the poor depend upon. It must be about demanding that the billionaire class and profitable corporations pay their fair share of taxes, reining in out-of-control military spending, reducing the price of prescription drugs, and ending billions of dollars in corporate welfare that goes to the fossil fuel industry and other corporate interests," Sanders said.
"The fact of the matter is that this bill is totally unnecessary," he continued. "The President has the authority and the ability to eliminate the debt ceiling today by invoking the 14th Amendment. I look forward to the day when he exercises this authority and puts an end, once and for all, to the outrageous actions of the extreme right-wing to hold our entire economy hostage in order to get what they want."
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Sanders mentioned the work requirements on SNAP and the elimination of the student-loan payment pause as primary reasons why he cannot support the bill, even with the US set to default on its debt as early as June 5. The House will be voting on the legislation on Wednesday evening, and it's unclear at this point if enough lawmakers are on board to pass it through the first chamber.
Still, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell are urging their colleagues to pass the bill in the Senate.
"President Biden and Speaker McCarthy's agreement will protect the economy and eliminate the threat of a catastrophic default. I support this bipartisan agreement. Nobody's getting all they want—but it takes default off the table and protects key investments we've made," Schumer wrote on Twitter on Tuesday.
McConnell also wrote that McCarthy "and House Republicans secured a crucial first step toward bringing Washington Democrats' reckless spending to heel. Their unity forced President Biden to do his job. And soon, it will be the Senate's turn to pass this important agreement."
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flawlest · 7 months
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Robert Southey in 1805: “Books are now so dear that they are becoming rather articles of fashionable furniture more than anything else; they who buy them do not read them, and they who read them do not buy them.”
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there is literally no reason for you to reverse radicalize yourself into having disdain for people because they have debt. people take out student loans because college is expensive but increasingly a necessity for a decent paying job. literally there are few if any jobs available for women that pay well without at least an associate’s, and many jobs that are necessary but pay terribly require master’s degrees (education administration, social work, counseling, etc). why are you openly hating on graduate students for needing to take out a loan for pay for a five figure education as if anyone has that kind of money laying around???? you do know all kinds of people have student loans and these people vote too…..
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