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@return2ozma@lemmy.world to News@lemmy.world • 2 years ago

Student loan repayment problems frustrate borrowers, prompting federal response

www.nbcnews.com

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Student loan repayment problems frustrate borrowers, prompting federal response

www.nbcnews.com

@return2ozma@lemmy.world to News@lemmy.world • 2 years ago
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“If student loan companies are cutting corners or sidestepping the law, this can pose serious risks to individuals and the economy,” the CFPB said.
  • TherouxSonfeir
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    3•2 years ago

    The post is about student debt. I assumed you were talking about the topic of the post. Are you just randomly blabbering?

    Republicans using this to argue against forgiving student debt is ridiculous AS YOU SAID, it has nothing to do with student debt.

    Are you handing me this win?

    • @Garbanzo@lemmy.world
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      1•2 years ago

      Handing you a win? Bro, you can’t even follow a thread with enough comprehension to grasp what’s being discussed.

      • TherouxSonfeir
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        2•2 years ago

        What do you think is being discussed?

        • @Garbanzo@lemmy.world
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          1•2 years ago

          mwguy said it’s fair to blame Biden for giving up on the student loan issue for concessions to keep the government open

          You asked if it would be more accurate to say that Republicans forced Biden to give up, so they are to blame

          I said that the Constitution doesn’t allow Congress to decide not to pay national debts, so Biden could have played hardball, but he didn’t, so it’s still fair to blame Biden

          You got all butthurt about not knowing what’s in the Constitution and couldn’t follow what I was even talking about, and here we are.

          • TherouxSonfeir
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            1•2 years ago

            It was the Supreme Court, so I’m not sure what you’re going on about.

            https://www.nbcnews.com/politics/supreme-court/supreme-court-rule-bidens-student-loan-forgiveness-plan-friday-rcna76874

            • @Garbanzo@lemmy.world
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              2 years ago

              That happened after Republicans fought it by threatening to shut down the government. Why are you here to argue if you don’t have a grasp on what actually happened in the first place? Fucking hell, no wonder you don’t get it, you don’t know what fucking happened.

              • TherouxSonfeir
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                2 years ago

                The timeline of events in 2023 clarifies that the issue of student loan forgiveness and the budget negotiations in Congress were largely separate matters. The federal budget for FY23 was passed on December 23, 2022, covering the fiscal year from October 1, 2022, to September 30, 2023.

                The Supreme Court’s ruling on the Biden administration’s initial student loan forgiveness program occurred in June 2023, well after the budget had been finalized.

                White House reveals draft plans for next student debt relief plan

                Progressives worry Biden’s new student loan relief proposal is too small

                Furthermore, the discussions and subsequent actions on student loan relief were not a part of the congressional budget process but were instead separate initiatives pursued by the executive branch. This distinction in timing and process indicates that the student loan forgiveness issue was not negotiated out of the FY23 budget by Republicans, as it was not part of the budget discussions at that time.

                Edit: removed a link I didn’t copy correctly.

              • TherouxSonfeir
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                1•2 years ago

                https://www.whitehouse.gov/briefing-room/statements-releases/2024/01/12/statement-from-president-joe-biden-on-early-student-debt-cancellation-for-borrowers-enrolled-in-save/

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