The revived discourse around student loan forgiveness has created a forest for the tree moment, yet again, in how the masses react to what is purported to be incremental “wins.” The Biden administration recently announced that the federal government will forgive $10,000 in student loan debt for Americans making less than $125,000 annually as well as extend the student loan repayment moratorium. This announcement is in stark difference to the campaign Biden ran on, yet this offering is being oversold by mainstream media pundits and journalists ultimately causing mass confusion about what is happening in and with higher education. Granted, . . .
Just as I suspected, Biden is announcing that he will approve the cancellation of $10,000 in federal student loan debt. I guess Biden is expecting some kind of returns on his efforts in the midterm elections, but I seem to recall his campaign promise to “Forgive all undergraduate tuition-related federal student debt from two- and four-year public colleges and universities and private Historically Black Colleges and Universities (HBCUs) and Minority-Serving Institutions (MSIs) for debt holders earning up to $125,000.” That’s directly from the Biden/Harris campaign website as confirmed by Politifact and their Biden Promise Tracker (which you should definitely check . . .