This brings the total under this administration to $167 Billion in relief for 4.75 million borrowers.

  • smnwcj@fedia.io
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    5 months ago

    He really finds lovely configurations for the deck chairs on the Titanic.

    These payments are flashy, but do nothing to remedy the current predatory student loan system or the rising costs of academia.

    • Gormadt@lemmy.blahaj.zoneOP
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      5 months ago

      Or how I’d put it: One needs to apply first aid when dealing with a gun shot wound. You don’t just try to dig the bullet out while still on the sidewalk. Pressure, call for help, get a bunch of people involved, then you can deal with the problem in a better way.

      It’s steps in the right direction that I’d hope will put on closer to having a higher education system closer to the majority of the EU.

      Unfortunately we have to get passed the GQP first before we can get to that point.

      • hark@lemmy.world
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        5 months ago

        Right, instead he has applied a 100% tariff on electric vehicles coming from the country making the most electric vehicles out of anyone and has applied a 50% tariff on solar panels from that very same country.

        • Gormadt@lemmy.blahaj.zoneOP
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          5 months ago

          Done so to increase manufacturing in the US utilizing a number of incentives passed in 2022 and 2023. Which near the end of 2023 was projected to create almost 100k jobs in just the electric vehicle industry.

          Source

          • hark@lemmy.world
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            5 months ago

            I’m well aware of the excuses given for it, but climate change is too pressing an issue to play these stupid games. Does biden think climate change is a regional issue? We have to work together globally to fight it. Insisting that the solution must be American-made is trump-esque, and in fact biden had criticized trump for his trade war with China. Since then, he’s kept trump’s trade policies and even expanded upon them. These tariffs will do nothing but let American companies sit comfy with fat profit margins and adoption of these technologies in the US will slow to a crawl.