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College loans were dischargeable in bankruptcy until Clinton changed it. Biden can have that repealed, but that would upset the bankerster gravy train and could

College loans were dischargeable in bankruptcy until Clinton changed it. Biden can have that repealed, but that would upset the bankerster gravy train and could jeopardize political donations by the banksters. https://thehill.com/blogs/congress-blog/economy-budget/283625-how-the-clinton-administration-made-it-harder-on-student https://thehill.com/blogs/congress-blog/economy-budget/28362... Since politicians don't want to repeal the Clinton-era law, the logical choices for many students will be to skip college or to leave USA for college overseas. We are really harming our children with this debt.

mgamache 4y ago
Biden helped negotiate that bill.
- jacobolus 4y ago
  As far as I can tell this was a bill written and negotiated in the GOP-controlled House, by the Education and the Workforce committee. At the time Biden served in the (GOP-controlled) Senate, and not on the relevant committees there. Do you have evidence that Biden specifically was involved in negotiating about this? Or do you just mean that, insofar as he was a member of the Senate, he “helped” by voting for a ~250 page bill that passed 96–1? https://www.congress.gov/bill/105th-congress/house-bill/6 https://www.congress.gov/bill/105th-congress/house-bill/6
  - mgamache 4y ago
    https://www.theguardian.com/us-news/2019/dec/02/joe-biden-student-loan-debt-2005-act-2020 https://www.theguardian.com/us-news/2019/dec/02/joe-biden-st... "it is indisputable that Biden was an avid supporter of the 2005 bill as a whole and of its overall thrust of tightening up the bankruptcy code largely to the benefit of lenders at the expense of distressed families who would find it harder to file for bankruptcy." "he used his leadership role to limit the ability of other Democrats who had concerns and who wanted the bill softened" "Senator Biden supports legislation that will fall hardest on women,” she wrote. “Why? The answer will have to come from him … He is a zealous advocate on behalf of one of his biggest contributors – the financial services industry.” -- E Warren in 2005
    - jacobolus 4y ago
      The other commenter was talking about a different bill. This one is from a GOP-controlled congress during the Bush administration, which would be even more absurd to blame on Bill Clinton! This 2005 bill would have passed with or without Biden. If you want someone to blame, this ~200 page bill was written by Chuck Grassley (R) and sponsored by 10 GOP senators and two Democratic senators (Biden is not on that list). The House version was written by Rep. Sensenbrenner (R) and sponsored by 80 GOP members and 8 Democratic members. Then it was signed by George W. Bush (R). This is exactly the kind of bill you can expect when the GOP gets unified control of the congress and presidency. https://www.congress.gov/bill/109th-congress/senate-bill/256 https://www.congress.gov/bill/109th-congress/senate-bill/256 It’s fair to criticize Biden for voting for this bill, especially in the context of the Democratic primary – Elizabeth Warren is much more aggressively pro-borrower, and in this case Biden was actually on the Judiciary Committee where this bill was debated so could have conceivably have spent his political capital making a big stink and trying (unsuccessfully) to sink it – but even then this article is pretty exaggerated / out of context: 2019 clickbait trying to attract views by speculatively scaremongering about intra-party differences.
rascul 4y ago
That appears to be a bill passed by Congress and signed by Clinton, not simply an executive order or a policy decision by Clinton. I don't think Biden can have that repealed, there would need to be a new bill passed by Congress and signed by Biden. Unless there's something I'm missing. Per the article you linked to, it does imply that Congress needs to take action to change this.
- jacobolus 4y ago
  Yes, this was a ~250-page bill proposed by GOP congresspeople and passed by a GOP-majority Senate and a GOP-majority House. The Democrats in those bodies negotiated what they could, and then the bill passed with veto-proof majorities. It is ridiculous to say “Clinton changed this”. Edit to add: If someone wants to see this changed, make sure the Democratic party maintains control of the House in the upcoming midterm elections and then start lobbying GOP Senators. Getting to 60 votes on a bill to help “woke college grads” is going to be an uphill fight in the current political climate.

mgamache 4y ago

Biden helped negotiate that bill.

jacobolus 4y ago
As far as I can tell this was a bill written and negotiated in the GOP-controlled House, by the Education and the Workforce committee. At the time Biden served in the (GOP-controlled) Senate, and not on the relevant committees there. Do you have evidence that Biden specifically was involved in negotiating about this? Or do you just mean that, insofar as he was a member of the Senate, he “helped” by voting for a ~250 page bill that passed 96–1? https://www.congress.gov/bill/105th-congress/house-bill/6 https://www.congress.gov/bill/105th-congress/house-bill/6
- mgamache 4y ago
  https://www.theguardian.com/us-news/2019/dec/02/joe-biden-student-loan-debt-2005-act-2020 https://www.theguardian.com/us-news/2019/dec/02/joe-biden-st... "it is indisputable that Biden was an avid supporter of the 2005 bill as a whole and of its overall thrust of tightening up the bankruptcy code largely to the benefit of lenders at the expense of distressed families who would find it harder to file for bankruptcy." "he used his leadership role to limit the ability of other Democrats who had concerns and who wanted the bill softened" "Senator Biden supports legislation that will fall hardest on women,” she wrote. “Why? The answer will have to come from him … He is a zealous advocate on behalf of one of his biggest contributors – the financial services industry.” -- E Warren in 2005
  - jacobolus 4y ago
    The other commenter was talking about a different bill. This one is from a GOP-controlled congress during the Bush administration, which would be even more absurd to blame on Bill Clinton! This 2005 bill would have passed with or without Biden. If you want someone to blame, this ~200 page bill was written by Chuck Grassley (R) and sponsored by 10 GOP senators and two Democratic senators (Biden is not on that list). The House version was written by Rep. Sensenbrenner (R) and sponsored by 80 GOP members and 8 Democratic members. Then it was signed by George W. Bush (R). This is exactly the kind of bill you can expect when the GOP gets unified control of the congress and presidency. https://www.congress.gov/bill/109th-congress/senate-bill/256 https://www.congress.gov/bill/109th-congress/senate-bill/256 It’s fair to criticize Biden for voting for this bill, especially in the context of the Democratic primary – Elizabeth Warren is much more aggressively pro-borrower, and in this case Biden was actually on the Judiciary Committee where this bill was debated so could have conceivably have spent his political capital making a big stink and trying (unsuccessfully) to sink it – but even then this article is pretty exaggerated / out of context: 2019 clickbait trying to attract views by speculatively scaremongering about intra-party differences.

rascul 4y ago

That appears to be a bill passed by Congress and signed by Clinton, not simply an executive order or a policy decision by Clinton. I don't think Biden can have that repealed, there would need to be a new bill passed by Congress and signed by Biden. Unless there's something I'm missing. Per the article you linked to, it does imply that Congress needs to take action to change this.

jacobolus 4y ago
Yes, this was a ~250-page bill proposed by GOP congresspeople and passed by a GOP-majority Senate and a GOP-majority House. The Democrats in those bodies negotiated what they could, and then the bill passed with veto-proof majorities. It is ridiculous to say “Clinton changed this”. Edit to add: If someone wants to see this changed, make sure the Democratic party maintains control of the House in the upcoming midterm elections and then start lobbying GOP Senators. Getting to 60 votes on a bill to help “woke college grads” is going to be an uphill fight in the current political climate.