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MichMan

(17,153 posts)

3. Under PAYGO it would need to be paid for with tax increases

Reply to PeaceWave (Original post)

Sat Jul 5, 2025, 10:46 PM

Jul 2025

That was one of the criticisms of it being done by Executive Order as it would have been added to the deficit.

They need to figure out how to make college more affordable rather than just let colleges charge whatever they want and sticking the taxpayers with the bill.

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This message was self-deleted by its author [View all] PeaceWave Jul 2025 OP

Not much the Democrats can do about it now, right? Ocelot II Jul 2025 #1

I haven't heard Greg_In_SF Jul 2025 #2

Because not a damn thing can be done about it now that Republicans are in power. W_HAMILTON Jul 2025 #5

Another my-most-important-issue-or-else-I'll-teach-you-a-lesson threats, weeping about betsuni Jul 2025 #6

elections have consequences dsc Jul 2025 #7

Under PAYGO it would need to be paid for with tax increases MichMan Jul 2025 #3

It'll be awhile before anyone will seriously propose legislation. Might get better repayment plans quicker, Silent Type Jul 2025 #4

It was just something to attack democrats over JI7 Jul 2025 #8

I think it was communicated poorly. yardwork Jul 2025 #13

Yes, but one reason the right wing is more effective is because random right wingers JI7 Jul 2025 #16

Yes, that's one of the things we could combat. yardwork Jul 2025 #18

The Federal government took over direct lending of loans in 2010 from private lenders MichMan Jul 2025 #32

Forgiving debt alone isn't a great idea EdmondDantes_ Jul 2025 #9

You are right that it won't encourage colleges to be more frugal and cost effective. Autumn Jul 2025 #14

colleges need to participate in debt forgiveness--not be grant-collecting bystanders cadoman Jul 2025 #20

Which is why loan forgiveness is merely a bandaid. EdmondDantes_ Jul 2025 #21

make the filthy rich gazillionaires cough up their fair share eShirl Jul 2025 #10

Never was.. Peacetrain Jul 2025 #11

It's dead and it will stay dead.nt Autumn Jul 2025 #12

... Prairie Gates Jul 2025 #15

Well if there ever is a 60 vote majority in the senate and a majority in the house and we have a Dem. President. Jacson6 Jul 2025 #17

I don't think people yet know how badly BBB screwed students Johnny2X2X Jul 2025 #19

Maybe, but federal loans for undergraduates are available up to $200K, $100K more for graduates, there are also parental Silent Type Jul 2025 #22

There is no adjustment for discretionary income anymore Johnny2X2X Jul 2025 #23

Think the $50K cap is PER YEAR, with a total cap of $200K. That's a huge difference. Silent Type Jul 2025 #24

Not what I read Johnny2X2X Jul 2025 #25

Here's a link. Silent Type Jul 2025 #28

"MAYBE?" W_HAMILTON Jul 2025 #27

They f*%king didn't do anything to improve student loans, true. But they didn't make loans unavailable either, Silent Type Jul 2025 #30

Crypto would have been a better investment than an education bucolic_frolic Jul 2025 #26

It is dead until we elect a Democratic President and a 60-vote majority in the Senate. MineralMan Jul 2025 #29

Until it's a fucking priority to enough voters to give Dems maxrandb Jul 2025 #31