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TexasTowelie

(112,714 posts)
Thu Oct 5, 2023, 02:10 PM Oct 2023

Biden student loan debt cancellations total $127 billion - NBC News



The White House announced they are erasing another $9 billion of federal student loan debt. NBC News’ Mike Memoli explains how the additional relief will help another 125,000 Americans. The total amount of debt cancellation by Biden’s administration has risen to $127 billion.
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Biden student loan debt cancellations total $127 billion - NBC News (Original Post) TexasTowelie Oct 2023 OP
The broadcast networks need to report such accomplishments. Hermit-The-Prog Oct 2023 #1
+1 appalachiablue Oct 2023 #2
Hear, hear peppertree Oct 2023 #3
Oh, I'll bet they see the handwriting on the wall: this accomplishment will benefit countless CTyankee Oct 2023 #4
We have a big chunk of the electorate that is underinformed. Hermit-The-Prog Oct 2023 #5
"There are none so blind as those who would not see." CTyankee Oct 2023 #7
Here is some interesting math. How many billions in 2.3 trillions. usaf-vet Oct 2023 #6

Hermit-The-Prog

(33,574 posts)
1. The broadcast networks need to report such accomplishments.
Thu Oct 5, 2023, 02:20 PM
Oct 2023

They've been too focused on sensational chaos rather than sensational accomplishments.

peppertree

(21,720 posts)
3. Hear, hear
Thu Oct 5, 2023, 02:31 PM
Oct 2023

If only to irritate Republicans.

This has been the Biden policy they all love to hate - even the ones with a college degree.

"No one paid off my loans - so why should those brats get theirs paid off!"

As you know, most discussions with Republicans boil down to that - plus, more often than not, something bigoted.

CTyankee

(63,926 posts)
4. Oh, I'll bet they see the handwriting on the wall: this accomplishment will benefit countless
Thu Oct 5, 2023, 02:40 PM
Oct 2023

Americans who certainly will remember which POTUS did this for them. And their families who supported them, and their future families who will also benefit from having parents who more comfortably supported their kids ambitions for an education in their future.

Nothing succeeds like success, as my late father used to say.

Hermit-The-Prog

(33,574 posts)
5. We have a big chunk of the electorate that is underinformed.
Thu Oct 5, 2023, 02:43 PM
Oct 2023

A lot of people get their news from the broadcast networks -- the first 15 minutes or so of the evening news or a few minutes in the morning while rushing to get ready for work. Many don't have time or inclination to tune to long-winded cable discussions and analysis.

These are the people who need facts instead of "bothsides" reporting that is designed to increase campaign ad revenue.

CTyankee

(63,926 posts)
7. "There are none so blind as those who would not see."
Fri Oct 6, 2023, 02:15 AM
Oct 2023

One of my favorite quotes. I forget who wrote it....

usaf-vet

(6,239 posts)
6. Here is some interesting math. How many billions in 2.3 trillions.
Thu Oct 5, 2023, 03:25 PM
Oct 2023

Biden's Student Loan Forgiveness $127 Billion.

GOP/Trump tax cut to the rich. 2.3 Trillions

Here is the math. https://calculator.name/numberconvert/trillion/billion/2.3

Biden's plan helps young people to get out of debt, start a family, buy a house, and become productive citizens.

The GOP/Trump tax cut makes the rich richer to buy multiple homes and private jets and spend millions supporting greedy Republican politicians to get reelected.

Reelected to pass other huge tax cuts for the rich so the cyclic process is continued.

Tax cuts for the super-rich. Dark money from the super-rich to the politicians.

Around and around it goes.

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