Federal student loan borrowers can expect “the most affordable student loan plan ever”, Biden said in a video address on Tuesday announcing significant changes to the debt from higher education held by over an eighth of the country.

    • randon31415@lemmy.world
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      1 year ago

      It would be simpler, but then we would be subsidizing the 1% student loans. We already have that problem with social security: giving out massive payments to rich people while the program slowly runs out of money.

      • aport@programming.dev
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        1 year ago

        The 1% pays more in taxes, presumably, but their cost of education is not higher than anyone else. So who is subsidizing whom?

      • afraid_of_zombies@lemmy.world
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        1 year ago

        Who cares? This is how they fuck us. We can’t help anyone because someone who doesn’t need help can get it? Life is unfair you don’t make it less fair by making us all suffer.

        The vaccine is available for free to everyone, as a result people who wanted it got it. That means the homeless and billionaires.