this post was submitted on 12 Dec 2023
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A Boring Dystopia
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Nonsense.
https://www.ed.gov/news/press-releases/biden-harris-administration-announces-nearly-5-billion-additional-student-debt-relief
They can't help everyone, or even the majority, but they're helping as many people as they can.
Federal student loans were not accruing interest when Biden took office. Now they are. They could have helped everyone by not raising the interest rates.
They weren't accruing interest because of COVID. Do you think Biden could have unilaterally kept it at 0% indefinitely?