this post was submitted on 19 Apr 2024
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“President Joe Biden unveiled another round in his steady drip of student debt write-offs on Thursday, announcing that 78,000 public sector workers would not have to repay $6 billion in loans. … Biden’s previous loan cancellation plan was ruled illegal by the Supreme Court. However, his more recent debt transfers rest on a different legal authority than the original, $400 billion-plus plan.”
Emphasis mine. Literally cut his own demands by two orders of magnitude because he didn’t want to pack the court. I’m very glad those small fraction of borrowers got some relief. We all deserve that.