Biden Administration's Student Loan Debt Plan Masterthread

[LevelUP]

1. You referenced, without citation I would note, a Forbes article which is simply wrong. If you look at the actual law, it specifies “(3)Case-by-case basis
The Secretary of Education is not required to exercise the waiver or modification authority under this section on a case-by-case basis.”

These people putting these articles up are grasping at straws by misinterpreting both the Hero's Act and the HEA.

2. The power to cancel student loans rests with Congress.  And they delegated it to the Secretary of Education in 2003.  It will be interesting to see if there is litigation to try to stop this cancellation.  If there is, it will be up to a federal court, in all likelihood the Circuit Court for DC, to decide it Biden has this authority.  But, until an injunction to the contrary, Biden has this authority.

Right, it will be up to the courts, at the very least.

3. You may not be aware of this. Nancy Pelosi is not a president, dictator, or even a federal judge. While she controls the legislative agenda of the House of Representatives at this time, she doesn’t actually get to decide all the laws for the country.

Nancy Pelosi is the speaker of the house. I don't know why you are so dismissive of her expertise.

Going back from the Trump administration to the 1st year of Biden, they have been trying to look for a way to cancel student loan debt through executive order. 

4. I do not appreciate you using profanity, even in veiled form.  I hope the moderators take note of that an respond appropriately.

Since you did this sanctimonious display, I'll "take note and respond appropriately," as maybe you don't know, but I am a moderator here on DegreeForum.

Profanity isn't banned as we are adults here. However, profanity for the sake of profanity may be deleted if it seems vulgar.

People are allowed to argue their points, though keep in mind we need to treat each other with respect and not personally attack each other.

If this benefits you....congrats! Post a few happy faces.
If this does not benefit you, feel free to complain and vote accordingly in the next election.

If you're telling people to get over themselves, then shame on you. We have an extremely diverse country with an almost infinite amount of different avenues for life experiences, cultures, and priorities. I don't know the hardships someone had thinking their only option was to go into debt for a degree. I also don't know the hardships that someone who couldn't afford a degree that decided to go straight to work and found out today that part of every dollar they make will help pay for the debt of their peers..

I for one am against paying for peoples debt. I think it sets a "everyone gets a trophy" mentality moving forward. But, we have done that with banks, cities, development speculators, homeowners, private firms,  ect in the past. Today, my individual position has leaned a little more right. That's after a ton of other social issues that the right has messed up, causing me to lean left recently. The only thing that I can do is realize that our great country elected Biden into office this time around, and I will use my vote in the upcoming elections to attempt either change that or keep the current leadership in office. Online arguments without meaningful context of discussion has zero value. Discuss with facts, or vent your frustrations or show your enthusiasm and move on....

We have a diverse group of people here on DegreeForum. Therefore, we don't discriminate based on race, color, religion, sex, gender identity, sexual preference, age, physical or mental disability, or veteran status.

In addition, you can vote for whoever you want, and we're not going to discriminate based on political beliefs. 

Many people are here to protect themselves from being discriminated against in the workforce for not having a degree or the right kind of degree. Unfortunately, getting these degrees is not easy. This is why we need to encourage each other.

I like to think, at least here on DegreeForum, that we are doing our part to change the world for the better through education. That supersedes a lot of petty politics.