 Well, the student loan debt crisis isn't going to go away anytime soon, but thankfully for all of us one brave Republican senator came up with a new ambitious plan, dare I say too ambitious to alleviate the student loan debt of possibly dozens of people Temporarily, but nonetheless dozens of people. Wow. So here's what that is the Guardian reports Marco Rubio wants to pause student debt But only to terrorism survivors Florida senator introduced a bill to provide a one-year pause for victims to get back on their feet Now his office didn't bother to clarify how this legislation will define a terror attack, but nonetheless I mean, this is incredibly generous and I don't want to say that he's a hero just yet for proposing this But it's kind of heroic if you think about this and the only question is who's gonna help more people Marco Rubio with this plan or Kamala Harris with her plan now for those of you who don't remember what she proposed when She was running for president. This was her plan to alleviate student debt She wanted to establish a student loan debt forgiveness program for Pell Grant recipients who start a business that operates for three years in Disadvantaged communities folks. I mean all of these innovative new ideas that are being proposed. They could possibly help dozens of people Not even a hundred, but I mean we're talking dozens of people. This is this is incredible It's inspiring now, of course I'm being facetious because these plans are dog shit, but it reminds me of Nathan for you and somebody shared this on Twitter and I wish I could credit them But I don't remember who said it but basically they compared this to a skit that Nathan for you did where he was selling $1 TVs, but the catch was that you had to wear a tuxedo Crawl through a tiny door and go past a hungry alligator in order to get the TV I mean, does that not sound kind of like these student loan programs We keep seeing get proposed where the eligibility for debt relief is So small that the amount of people who this is going to impact I mean, obviously it's not going to make a dent in the overall student debt crisis But nonetheless these folks propose these laughable almost insultingly bad student debt relief programs And I guess they want to be commended for it. It's just It's laughable. It's just laughable now the responses to Marco Rubio's plan They were great. This person says congratulations to Marco Rubio for literally doing the least that he could possibly do to address the student loan crisis This meme I think was perfect me drowning in student loan debt one year deferral of federal student loans if I survive a terror attack Yep, and I'm still drowning Folks, this is the state of American politics We will put your student loans on pause for one year if every day You put on clown makeup and wear a clown wig and you make at least ten farts a day And you record them and submit proof that you farted ten times and all on top of that You deliver ice cream to five people of your choice once per week. This is stupid This is clown shit But since we're talking about student loans I think that there's a really important reminder published in Teen Vogue by Braxton Brewington And he says Biden could cancel student loan debt right now by signing an executive order and we're not talking about him cancelling $10,000 or pausing it for a year. We're talking about wiping it out entirely for 100% of Student loan holders he goes on to explain when the Department of Education was first given the power to issue student loans It was also granted the power to compromise wave or release any right to collect on them an authority known as compromise and settlement Essentially the Biden administration can suspend the collection of student debt all together and poof Tens of millions of Americans would be student loan debt free. It'd be like waving a magic wand, except the wand isn't magic It's a legitimate legal authority vested in the Department of Education by Congress So far Biden has offered nothing but stall tactics Requesting in April that Education Secretary Miguel Cardona Draw up a memo about his legal authority to cancel student debt via executive order a power Senate Majority Leader Chuck Schumer Senator Elizabeth Warren and other high-profile lawmakers have already concluded exists. Let's be clear This authority has existed for some time former President Trump used his authority three times to suspend payments and student loan interests during the Pandemic our evidence that Biden's request for a memo detailing his legal authority on power That's already been used is unnecessary and because student debt is racially regressive black borrowers a 100% more in student debt than white borrowers four years after graduating Canceling this that would drastically narrow a widening racial wealth gap Closing the black-white wealth gap for student loan borrowers by more than 25 percentage points Almost two-thirds of student debt is held by women who often struggled to pay back loans after being systematically underpaid in the workforce Raw scale cancellation would largely benefit our veterans Farmers teachers public defenders and countless other professionals that often need to have costly degrees yet lack adequate pay And on top of that perhaps the most obvious thing is that think of how many young people will be excited by this Democrats they're gonna have a turnout problem come 2022 But is there a better way to excite the youth than by canceling their student debt? People would think oh wow well if Democrats did this for me if Joe Biden specifically did this for me perhaps They could do more if they retain control of both chambers of Congress of Congress, but I mean It doesn't seem like this is likely what Biden proposed at least like what he ran on when he was still a candidate was canceling $10,000 maximum of student debt only if It goes through Congress and the fact that Biden requested a memo from the Education Secretary About whether or not he has the legal authority to cancel student debt I mean as the article points out this is nothing more than stall tactics So what needs to happen is not these laughable clown Proposals just cancel student debt first of all the US government holds most of the student debt It's not like they even have to like buy this out from private holders I mean that's gonna be the case for some of it, but this will be very easy for them to just delete it all Unshackle an entire generation from this burden that the previous generation did not deal with So, um, you know, it's still possible, but I'm not gonna hold my breath Meanwhile until there's actually a real solution. We're gonna get dumb proposals like the one from Marco Rubio Where if you survive a terror attack You get your debt at least paused for a year. I mean How kind how merciful of these US senators they definitely care about average people