Sanders to Democrats: If You Support Progressive Policies, “You Win Elections”

On Tuesday, Sen. Bernie Sanders (I-Vermont) explained to Democrats that, if they want to win elections this fall and beyond, they must support and implement popular progressive policies like student debt cancellation and resist pressure from deep-pocketed donors to give sweeping tax breaks to corporations and the wealthy. In an interview with MSNBC’s Chris Hayes, Sanders said that Democratic candidates and lawmakers must position themselves firmly behind the working class and fight against corporate greed, rather than work to feed it. “If Democrats are going to do well in 2022, in my view, they’ve got to stand up very firmly…

Many Child Care Workers Are Blocked From Student Loan Forgiveness

Adrienne Briggs has $55,000 in student loans. Each month, she pays $150 toward the debt. Briggs runs a small child care center out of her home in Philadelphia, Pennsylvania, where she’s been caring for children for 30 years. “I am 62 years old and should be looking toward retirement,” Briggs said. But with loans to pay, she doesn’t think that will happen. She kept chipping away at the loans, even during the suspension of federal student loan payments intended to provide relief during the pandemic. But that extra effort barely brought the debt down. “I’ll probably have to work until…

2 Red States Are Taxing Student Debt Relief — But Didn’t Tax PPP Forgiveness

Officials in two states with Republican-dominated legislatures announced this week that they’re planning to tax relief that borrowers get from President Joe Biden’s student debt cancellation plan — even though the same states didn’t tax the billions of dollars of loan forgiveness given to corporations and business owners under the Paycheck Protection Program (PPP). North Carolina and Missisippi’s Departments of Revenue say they’ll consider debt forgiveness taxable income, potentially saddling borrowers with hundreds of dollars of more tax liability, cutting into the sharp relief that the program is set to provide. North Carolina officials say that the taxes will come…

46 Percent of Voters Are More Likely to Vote Thanks to Student Debt Relief Plan

President Joe Biden’s highly anticipated move to cancel student debt for tens of millions of borrowers is widely popular and will help to motivate a large swath of voters to cast a ballot this fall, new polling finds. Voters across the ideological spectrum say they’re more likely to vote in this year’s midterm elections due to Biden’s student debt plan. Forty-six percent of likely voters surveyed by Data for Progress say they’re more likely to vote this fall, with 52 percent of Democrats, 38 percent of independents and 49 percent of Republicans saying as such. People with outstanding student loans…

Biden’s Rating Hits Highest Point in Months After Student Debt Plan Announcement

President Joe Biden’s job approval hit its highest point in months in the days immediately following the announcement that his administration is fulfilling a campaign promise to cancel student debt, new polling shows. CBS/YouGov polling released on Sunday shows that Biden’s job rating among registered voters is now at 45 percent, up from 42 percent in July. Overall, 20 percent of respondents said they “strongly approve” of Biden’s performance, while 25 percent said they “somewhat approve.” The poll was taken between August 24 and 26. Biden announced the plan midday on the 24th, meaning that some respondents may have answered…

Mitch McConnell’s Condemnation of Debt Relief Is Dripping With Hypocrisy

Often in this society, when a scam is exposed, one must peel it layer by layer like an onion to reveal the stinky green, tear-inducing nubbin at the core. This week’s lesson in “How We Get Screwed Everywhere We Turn” finds us confronting the sticky wicket of student loan debt, and the problem some people have with the idea that other people might get something that helps them. This is the deal as I have always been given to understand it: If you can, you excel at school. You nail the grades and the extracurriculars, assembling a dossier of achievement…

Student Debt Activists Say Much More Is Needed — Including Free College

After scoring a major but partial victory in the yearslong fight to eliminate the crushing burden of student debt, progressive lawmakers and campaigners stressed the importance of a deeply interconnected goal as they work toward total debt cancellation: Making public colleges and universities tuition-free for all. While President Joe Biden’s plan to wipe $10,000 off the student loan balances of most federal borrowers includes reforms that will make debt repayment more manageable going forward — as well as new rules aimed at cracking down on institutions that drown vulnerable students in debt — it will do little to alter an…

Biden Administration Sends Signal That It May Be Extending Student Loan Pause

The Biden administration has told student loan servicers not to send out billing statements to borrowers ahead of the scheduled end date of the current payment pause, signaling that officials may be preparing to extend the student loan payment pause yet again. The current student loan payment pause ends on August 31, meaning that borrowers will have to start repaying student loans for the first time since March 2020 in September, or face default if the pause expires. Servicers typically send out billing notices about a month before the payment is starting. President Joe Biden had last extended the pause…

Health Professionals glue on outside Downing Street calling for an end to fossil fuels

At 2.30pm today, 60 health professionals sat down in front of the gates outside Downing Street. Some members performed an unsuccessful ‘resuscitation’ of a 4 foot Earth on a stretcher. Following this 10 health professionals remained in front of the gates and ‘glued on’, whilst their colleagues held banners saying ‘For Health’s Sake Stop Financing Fossil Fuels’ and ‘Fossil Fuels are a Dead End’. The post Health Professionals glue on outside Downing Street calling for an end to fossil fuels appeared first on Extinction Rebellion UK.

Critics Call Biden’s $10,000 Student Debt Forgiveness Plan “Woefully Inadequate”

The Biden administration will cancel up to $10,000 in student loan debt per borrower, according to sources with knowledge of the White House’s as-yet unannounced plans. While any amount of student debt forgiveness would be beneficial to a certain degree, experts have noted that the $10,000 amount will do very little to address the magnitude of the crisis. According to sources who spoke with The Washington Post, the forgiveness plan would erase debt amounts up to $10,000 for every borrower in the country that meets a certain set of criteria. Borrowers who earn incomes higher than $150,000 (or $300,000 for…

7 in 10 Young Voters Support Canceling Student Debt, Poll Finds

New polling finds that a comfortable majority of young likely voters say that some or all student debt should be canceled, adding to a small mountain of polls conducted in recent months that nearly uniformly show that the issue is popular among Americans. The Student Borrower Protection Center/Data for Progress polling, released Wednesday, finds majority support for the issue among several groups. Overall, 71 percent of voters aged 18 to 34 support canceling some amount of student debt for all borrowers; even among those who have no student debt, 66 percent still favor cancellation, while a commanding 81 percent of…

Officials Raise Concern Over Biden’s Plan to Limit Student Loan Cancellation

As the Biden administration crafts a plan to cancel some amount of student debt, administration officials are reportedly raising concerns that adding income caps to the plan could be incredibly logistically complicated, risking the efficacy of the entire plan. As Politico reports, officials in President Joe Biden’s Education Department are saying in private conversations that it would be extremely difficult for the agency to implement the administration’s tentative plan to limit student loan forgiveness by income. The agency simply doesn’t have income information for the vast majority of student loan borrowers, sources told Politico. If the Biden administration were to…

Translate »