Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.
At some point you have to wonder how does this benefit conservatives at all? On the contrary, forgiving student debt would free up the income of several people in their districts to spend money and stimulate the economy. From a church’s perspective, any money that isn’t being spent on repayment is potentially money being dumped into their collection plates. And for all those conservative people who want liberals/queer people/racial minorities to move away from them, they would certainly have more money to do so. Even to the most die hard conservative, I don’t see how this isn’t an absolute win?
Because conservatives don’t represent people they represent Wall Street
If loan forgiveness goes though its a major win for the Democrats and they cant have that. If republicans block it, then the peasants among us can claim that Democrats were never serious about it and both parties are the same.
It helps people, and for conservatives the cruelty is the point.
Nah, they feed their base hate but that’s their playbook and not the point.
Power and money are the point and poor people are easier to exploit. Everything they’re doing, even abortion, is about keeping the cycle of poverty going.
Poor, vulnerable people are easier for the capitalist class to exploit for lower wages.
Because their base has the idea that it if doesn’t benefit them personally, we shouldn’t do it. If they don’t get “free money” too, then they missed out. How dare we correct a mistake of outrageously high college loans without just giving money to those who didn’t go to college or were able to pay it off? That’s not fair.