Biden Will Try Again to Wipe Out Student Loan Debt for Millions of Borrowers
Biden Will Try Again to Wipe Out Student Loan Debt for Millions of Borrowers
The Supreme Court blocked President Biden’s first attempt at large-scale student debt relief last summer.
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Instead of reinforcing bloated college tuition, why not say fuck it and put a ceiling on all tuition?
Are you talking about Biden's efforts specifically or more generally? Because Biden is constrained by:
- Having to act in the framework of what existing laws let him do as Congress won't pass anything.
- Most colleges are regulated by individual states and the federal government's power to regulate them is very limited.
You’re not wrong. But there are still tools available at the federal level. States also have control over their legal drinking age, but if they want federal assistance for maintaining their roads it has to be 21.
You could set a functional tuition cap by saying Federal Student Aid is only available if tuition is <$15k/year
If that happens, I believe there will be some idiots protest it. Something like "I paid for my full tuition, and so must you!".
More like a lot. The "fuck you, got mine" mindset is unfortunately a common outcome of the "rugged individualism" propaganda perpetuating America.