except you discount their bias on entitlement spending and BI's right leaning on economic policies.
FWIW: I don't discount the premise outright but wonder how they're accounting for CC & vocational loan forgiveness.
Biden Cancels $1.3 Billion Of Student Loans — His Plan For Student Loan Cancellation Is Becoming Cle
- Thread starter gwb-trading
- Start date
FWIW: I don't discount the premise outright but wonder how they're accounting for CC & vocational loan forgiveness.
You want me to read studies hypothesizing on a program that is not even in effect yet but has made concrete conclusions.
Does Biden's plan block low income minorities from applying for loan forgiveness?
If not then this is all bullshit.
Borrowers will qualify for student loan forgiveness under Biden’s plan if they made less than $125,000 (or less than $250,000 if they are married) in either 2020 or 2021. All government-held federal student loans, including undergraduate, graduate, and Parent PLUS loans, are potentially eligible for relief.
Where does it say that low income minorities are excluded? Because if it does specifically exclude them that is wrong but just because a study claims it will exclude them when the requiremens dont say that, I want to know the factual basis for the claim.
(we all know studies have no factual basis, they are hypothesizations based on forecasting data....)
Where does it say that low income minorities are excluded? Because if it does specifically exclude them that is wrong but just because a study claims it will exclude them when the requiremens dont say that, I want to know the factual basis for the claim.
(we all know studies have no factual basis, they are hypothesizations based on forecasting data....)
So you are claiming that Biden’s student loan relief program does not benefit well to-do whites more than minority college graduates despite many studies showing in great detail that is does. Yes — the studies including the CBO study were done before the program was implemented—- tell us why the studies deep in math & detail are an inaccurate representation of Biden’s program.
Wait... is this the genius finding? Poor kids who dont go to college dont get loan forgiveness on loans they never took out?
Is there something I am missing? Are community colleges and vocational schools excluded?
Um....where are any claims I have made sir? I have not made one claim....
I have asked for a claim to be supported with facts and so far.....
These studies cover the relief given to college graduates who are provided relief.
Stop pushing false premises
Then tell us why you are disputing the studies. The information from respected sources is very straight forward.
The relief from Biden's student loan relief program disproportional helps whites over minority college graduates.
The Penn Wharton Budget Model’s (PWBM) analysis, for example, suggests that about 40 to 50 percent of the benefit goes to the top half.
so a blind loan forgiveness program supports the top half by 50% and bottom half by 50%...
wow shocking...
so a blind loan forgiveness program supports the top half by 50% and bottom half by 50%...
wow shocking...
The first issue is that debt cancellation requires an application, which is likely to be a more significant barrier to lower-income borrowers with fewer resources, particularly those who have long been in default or forbearance and are thus detached from the system
So because you have to apply for the loan forgiveness it discriminates against minorities.....
wow......poor people dont get mail I guess...the same poor people who attended a college and seemed to navigate college suddenly cannot fill out an application.... cannot call their financial aid office...
So because you have to apply for the loan forgiveness it discriminates against minorities.....
wow......poor people dont get mail I guess...the same poor people who attended a college and seemed to navigate college suddenly cannot fill out an application.... cannot call their financial aid office...