• afraid_of_zombies@lemmy.world
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    1 year ago

    He didn’t want to. He wanted to go thru the motions. If this mattered he would have executive ordered it and forced Congress to override. Even the Supreme Court can’t force the federal government to collect a debt/tax. And given the state of Congress there was no way Congress would override it.

    • mommykink@lemmy.world
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      1 year ago

      This. For all the shit he did, Trump expanded the executive powers through EO more than any modern president ever has. Biden could have 100% EO’d student loan forgiveness, damned the consequences but chose not to.

    • TheWoozy@lemmy.world
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      1 year ago

      Biden not only wanted too, but he made sure he had a backup plan. He found a loophole in Clinton era legislation that allows a president to create income based repayment plans. It’s not quite forgiveness, but it’s the best he can do with Republicans controlling the house. https://apnews.com/article/student-loans-debt-college-cancellation-forgiveness-34152bb5000128a413efd2287887a37a

      If you want true loan forgiveness, vote Democratic.

      • afraid_of_zombies@lemmy.world
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        1 year ago

        As I said, he could have instructed them to just not act on or pursue any payments. Let Congress vote to force the executive to do something deeply unpopular.

        • singron@lemmy.world
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          1 year ago

          If the next president reverses the order, then all these people are in the same position and might owe additional interest. Banks know this, so they will hold it against anyone seeking credit. Congress doesn’t even have to vote.

          With the income based repayment, they aren’t considered delinquent on their loans, interest doesn’t build, and there is a path towards having the debt forgiven eventually.

      • StunningGoggles@sh.itjust.works
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        1 year ago

        The Democrats controlled both the house and the Senate for a time and didn’t get it done, or am I misremembering the Democrats controlling both?

        • TheWoozy@lemmy.world
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          1 year ago

          When you take Sens Manchin & Sinema into concideration, their control was very weak. It’s a miracle the got the IRA done. It was a big F*ing deal.