U.S. President Joe Biden said on Wednesday his administration had approved $4.8 billion in student debt cancellation for 80,300 people.
"This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions," Biden said in a statement.
Biden has been doing a lot of good work. I wasn't a fan when he ordered the rail workers back to work but since then be has increased the cost of carbon in negotiations, canceled the debt he was able to without the Senate and proposed relaxing drug restrictions on cannabis.
He isn't perfect but it's more good news than I got through 2016-2020 and he's doing it while getting stonewalled on every decision by a Republican controlled Congress.
Unfortunately these were debts that already had the potential to be cancelled due to existing rules. Turns out, just nobody has been following the rules and actually cancelling those debts for all these decades.
Since no one wants to mention it, there’s still a genocide happening.
Human Rights Watch said the US risked “complicity in war crimes” by continuing to provide Israel with weapons and diplomatic cover as it commits “atrocities, including collectively punishing the Palestinian civilian population in Gaza”. Medecins Sans Frontiers said the security council’s inaction made it “complicit in the ongoing slaughter”.
A college educated person can earn more than a million dollars more over their career than a high school educated person. Biden is bailing out the rich and the Dems love it.