 After the Supreme Court struck down President Joe Biden's student debt cancellation plan back in June, he did announce that he'd be pursuing cancellation through the Higher Education Act of 1965 instead, which is something that he probably should have done in the first place, although the Supreme Court probably would have still struck it down. But regardless, it's good to know that he's still pursuing cancellation, regardless. The problem, however, is that interest has started to accrue at the start of this month and payments are set to resume in October. And none of us know when to expect the cancellation that Biden promised. So the fear is starting to set in for a lot of us. I know I speak for more than just myself here. But if you have student debt for the moment, it seems as if the best option is to enroll in Biden's SAVE Act. As CNN explains, like other income-driven repayment plans, SAVE calculates monthly payments based on a borrower's income and family size, regardless of how much outstanding student debt is owed. A single borrower earning $32,800 or less, or a borrower with a family of four earning $67,500 or less, will see their payments set at $0 if enrolled in SAVE, for example. Also under SAVE, unpaid interest will not accrue if a borrower makes a full monthly payment. That means that a borrower's balance won't increase even if the monthly payment doesn't cover the monthly interest. For example, if $50 in interest accumulates each month and a borrower has a $30 payment, the remaining $20 would not be charged. Now there's a lot more to it than that. Additional parts will also be phased in next year. So I'm going to link you to a Department of Education fact sheet and I'm also going to link you to the application form for the SAVE plan, which I would highly encourage you to apply for as soon as possible. But I mean, this is basically the next best thing after cancellation because many, if not most borrowers, can never pay off their debts specifically because of the interest rates. So capping the interest is really important. And these student loan borrowers in this video are going to explain why student loans are such a catch-22. Spoiler alert, it's because of interest rates. Our loan was originally a $24,000 loan. Currently I owe over $45,000 and I've been paying it off for about six years now. I've paid 103 on an $82,000 debt and I still want $45,000. That's money that I can't put toward retirement. A student loan, it's not coming down, it's going up. My debt started off at $33,000, it is now somewhere closer to $200,000. I probably will be paying them until I'm 80 years old at this point. Graduated in 1998 with $29,000 student loan debt. This year my student loan debt has accumulated to almost $52,000 after paying on it all this year. So if you're responsible and you make payments every single month, it doesn't matter. You still might see your debt rise because of the interest rates. So putting a cap on interest rates is really the bare minimum. But to be clear, none of this should be happening. The fact that any of us have student debt is a policy choice, right? All of it can and should be wiped away immediately and going forward colleges should be free. But that's not what we have right now. The best option is an income-based repayment plan and a cap on interest. Not good enough, but it's a start. Now after Republicans successfully fucked us out of $10,000 to $20,000 worth of cancellation, well, they're not done yet because guess what? They're now actively trying to block Biden's save plan because they think that our interest should continue to grow each and every single month even if we're making payments and they want to make sure that our monthly payment is not lowered. Insider reports on Tuesday Senators Bill Cassidy, John Thune and John Cornyn led 14 of their GOP colleagues in introducing a bill that would overturn Biden's new save income-driven repayment plan, formally launched in August to lower borrowers' monthly payments. Cassidy is the top Republican on the Senate Education Committee. The Republican lawmakers seeking to overturn that plan say it's an overreach of authority and would cost taxpayers. That's a load of horseshit. Cassidy and his colleagues are using the Congressional Review Act, a fast-track tool Congress can use to overturn final rules put in place by federal agencies to attempt to overturn the save plan. He used the same method to introduce a bill to overturn Biden's broad debt relief plan before the Supreme Court ultimately struck it down. That bill passed Congress and Biden vetoed it in June. GOP representatives Lisa McClain and Virginia Fox introduced the companion version of the Senators Bill in the House on Tuesday. Yeah. So, this is not surprising, but regardless, it still makes my fucking blood boil. Because we just can't win. We can't have anything. We can't have a measly $10,000 canceled. We can't cap interest. We can't even lower the fucking monthly payment that you already can't afford to make. They just want you strapped with debt as long as possible so that way their donors in the student loan servicing industry can leach as much money as possible out of you until you fucking die. I mean, I honestly believe that Republicans are ontologically evil. They genuinely enjoy watching Americans suffer and that fuels them. It gives them life, but they don't want to admit that, right? They don't want to admit that they just want to see you fucking suffer and be miserable so they'll cloak their antagonism towards the working class in disingenuous concern for taxpayers. For example, Bill Cassidy said this about the save plan. Once again, Biden's newest student loan scheme only shifts the burden from those who chose to take out loans to those who decided not to go to college, paid their way, or already responsibly paid off their loans, Cassidy said in a statement. Our resolution protects the 87% of Americans who don't have student debt and will be forced to shoulder the burden of the president's irresponsible and unfair policy. And there's more because in a Fox News op-ed, he idiotically claims that the save plan, which doesn't include cancellation by the way, is somehow a bigger student loan handout. Make that make fucking sense. And in a tweet promoting his shitty article, he adds, President Biden's plan is not a fix. It is a politically motivated giveaway that forces taxpayers to shoulder the responsibility of paying off someone else's debt. We need real leadership to address this issue. And to be clear, when he says address this issue, he means do absolutely jack fucking shit about it. Now, ironically, this is the same cunt who voted for the GOP's 2017 tax bill, which cuts taxes for his rich donors and himself and his colleagues in Congress. And on top of that, he didn't say anything about PPP loan forgiveness. In fact, he even touted PPP loans in a 2021 press release, calling them a lifeline to small businesses, churches, and charities when in actuality, multi-millionaires abused that program, including his multi-millionaire colleagues in Congress. But I mean, there's no talk of the taxpayer shouldering the responsibility of paying off someone else's debt when it comes to the PPP loans that rich people took out. Again, they just want you to suffer. And this isn't the only issue where they've made it abundantly clear that they want to inflict as much pain and suffering on the American people as possible. When it comes to unhoused people, we know that a housing first policy is more affordable than just leaving people on the streets. In fact, another study confirmed this. Rutger Braggman writes, researchers gave 7,500 Canadian to homeless people in Vancouver. The result? The program saved money. It helps many of them to move into housing faster, which saved the shelter system $8,277 per person. Let that sink in $8,277 is more than the value of the cash transfers of $7,500, which means the transfers paid for themselves. It's literally free money. And again, not the only study that confirms that housing first policies are more cost efficient and effective than just letting people sleep on the streets. So the question is, if we know what the solution is, if we know that it's more cost effective and will be less of a burden on the taxpayer, that these politicians claim to care about, then why not just house the unhoused? Why aren't we doing the moral cost effective thing? Because fuck you. That's why. Again, they want to see people suffer. We're also on the cusp of a childcare disaster in this country as pandemic or a funding is set to run out, which would result in 3.2 million kids losing childcare. Meanwhile, dumb fuck Republicans are threatening to shut down the government if Biden isn't impeached or if Woke isn't removed from the military or some dumb bullshit. Do you think that concern for childcare will be factored in at all to their concerns when they talk about closing the government? Of course not. Even though they claim to care about families, they're not going to do jack fucking shit. They're not going to threaten to shut down the government so that way they can maintain childcare for 3.2 million kids. Why? Because they literally want you to suffer and fuck you. That's why. Suffering fuels them. Your suffering fuels them. So if you have student loan debt like I do, good fucking luck. Take advantage of the save plan while you still can because they're probably going to get rid of it somehow. If they don't pass this bill, then it's going to go through the courts and they're not going to let you lower your payment even. Because again, the goal is to make you suffer as much as possible and they're really fucking good at doing that. Really good at doing that. And I just got to say one last thing. Bill Cassidy, the person who is going after any meager attempt to mitigate this issue, he's one of the more normal and reasonable Republicans because the other ones are fascists who want either a white ethno-state or death camps for LGBTQ people. That's the modern-day Republican Party. So yeah. And one last thing that I want to end on here is that Biden needs to come out with a plan using his authority that he does have under the Higher Education Act of 1965 and just cancel all of it, 100% of it. Because if you means tested and you make people apply for it, you are giving Republicans time to take it on and cancel it through the courts, cancel the program that is through the courts. Whereas if you just zero out all of our balances, they can't do shit about that. And we will be eternally grateful I guarantee you. But the system is working as intended, right? Capitalism is meant to make all of us desperate and deprived. Whereas the rich, they benefit from the system and they absolutely are benefiting from this current system, even if the government holds the overwhelming majority of student loans. Because those student loan servicers are raking in a lot of cash from us. They are profiting off of our misery. But it's still fucking infuriating, even if I expected this.