Yesterday, I wrote about how President Joe Biden has announced a plan to forgive a portion of student loans for many American borrowers. Plenty of people are expressing their opinions about this idea. I’ve seen lots of people laud Mr. Biden for helping regular people who are struggling with student loan debt. And I’ve seen many people who are presumably angry that some people are getting “free money” when they’ve been “irresponsible.”
For the record, I don’t have a problem with Biden’s plan to forgive some educational debt. I won’t be benefiting personally from Biden’s “largesse”, but as I explained yesterday, the timing of my own school loans were fortuitous. I lucked into a low interest rate, which was very helpful for me. It was hard enough to get ahead of the loans even with that low rate. I see that now, a lot of people are paying significantly more in interest than I did. One friend shared the graphic below, which came from a longer, viral Facebook post:
As I mentioned before, I got my loans paid off after years of concentrated effort and gradually rolling larger payments into what I was regularly paying every month. After five years of paying the minimum, which barely covered the interest, I voluntarily started paying more and more. There was no penalty to prepay, and we could afford it, starting back in 2007, when Bill was in Iraq and temporarily got paid more. It wasn’t like I was spending money on anything exciting during that time, so I just rolled the extra money into paying off debts. I paid off Bill’s shitty high interest credit cards, too, and he was soon able to get a much better card. But if I’d had a higher interest rate, it would have been much harder to pay off the debts. I’d probably still be paying.
In any case, I am not upset that other people are getting help with their student loans that I won’t be getting. I’m just grateful that I don’t need the help, and that against all odds, I managed to pay off those loans. It makes no sense for me to be upset about this, either, because it’s a done deal, and there’s nothing I can do about it. There are plenty of other reasons to be angry right now.
For instance, I’m very upset about the fact that as of yesterday, abortion in Texas is virtually illegal. As of yesterday, a trigger law went into effect, making abortion a felony for those who provide the service. Yes, there are exceptions for when the mother’s life is at risk, but because of the political climate in Texas right now– and, oh, maybe the fact that it’s the number one death penalty state– physicians are reportedly committing malpractice and not giving pregnant women who actually need an abortion for medical reasons the care they need. Why? Because they don’t want to go to prison and be fined $100,000.
It occurred to me last night that the timing of Mr. Biden’s student loan assistance package is rather fortuitous, as the midterm elections approach. Lots of Republicans are positively GLEEFUL about overturning Roe v Wade. However, there is also evidence that a lot of people– Republicans included– are upset, worried, or even downright pissed that a political party is taking away a fundamental right from all women of childbearing age, not to mention their right to healthcare PRIVACY. If we learn anything from the results in Kansas, when voters were asked to vote on abortion rights, it’s that this is an issue that affects a whole lot of people. Some of the people who voted for abortion rights were, no doubt, Republicans.
I have also read reports of Republican politicians abandoning their party, because they simply can’t abide the cruel, intrusive, and downright stupid policies that today’s Republicans are pushing. Yes, there are still a lot of people who are vocal about supporting Trump and his ilk, but some conservatives are seeing the light. Some also don’t want to be associated with the likes of shady characters like Matt Gaetz, Ron De Santis, and, dare I say it? Trump himself.
I think that Biden’s decision to offer student loan help may sway some Republicans to vote blue in November. Not only would they be voting for women’s rights, healthcare privacy, and the right to have an abortion, but they would also be voting for much needed financial help with their loans instead of another corporate bailout. You can’t tell me, either, that Republicans who qualify for the $10,000 forgiveness of their student loans won’t take the help. Of course they’ll take it. Some will happily take that benefit as they loudly complain about it. I don’t remember hearing too many people from the Republican Party complaining about the temporary financial assistance Trump offered during COVID-19’s worst months.
Now, I could be completely wrong about this. Maybe the timing of Biden’s student loan announcement is completely unrelated to the cluster fuck being perpetrated by Republicans right now. However, I have a feeling I could be on to something. I also think the main reason Republicans are so upset about this development is because, ultimately, it will help a lot of the people they’d like to keep down… women, minorities, people who don’t identify as mainstream. This help will be useful to people who could use a financial leg up in order to improve their lots in life. For many people, the $10,000 will be a “drop in the bucket”, but some people’s loans will be completely paid off because of this help. And some will have their burdens greatly reduced. That simple fact will make Biden look pretty good to some of them.
On the other hand, the reverse could also be true. Some Democrats might not like Biden’s decision, either because it doesn’t go far enough, or because they agree that doing this “rewards irresponsible people”. However, my guess is that most Democrats who don’t like this plan will still vote blue, because they will still consider Democratic candidates better than the alternatives. I can’t imagine someone who supports progressive, humane, public policies voting for a Republican candidate over something like this. But then, much stranger things have happened, right?
I haven’t even mentioned some of the totally ridiculous and backwards school policies being enacted right now. I will never know why so many conservatives are so much more concerned about what’s in a teacher’s classroom library than they are about kids being killed at school by gun violence. I mean, they’ll do all they can to “save” a fetus from being aborted, even if the pregnant person isn’t ready or wanting to be a parent, but they don’t do anything about those same “babies” being blown apart in a classroom by some unhinged nut with a gun. And what if they happen to be reading a book about a kid with two dads when that happens? Personally, I just think that kids should be encouraged to read. I think teachers should be better supported for their efforts, because it’s not an easy job to educate kids, nor is it necessarily well paid or respected work. Every day, teachers put their lives on the line to see that children are properly educated, but we have elected officials doing everything in their power to make their job harder. No wonder so many good teachers are leaving the field. It seems that many Republicans just want the citizenry to be dumber.
So… kudos to Joe Biden for offering this help, especially at this point in time– as Trump is fighting many legal battles and people are in a tizzy over everything. Experience has taught me that money talks. A lot of regular people are fed up with the way the country is heading, and they want to see some real help and change. I don’t think it’s an accident that this student loan measure, controversial as it is, is being presented now, as Republicans are doing all they can to take away women’s rights, dumb down kids in school, and force us back into the Dark Ages. Some Republicans will appreciate Mr. Biden’s efforts enough to vote blue in November. And some of those people will become permanently former Republican voters, like I am.
Before I go… I want to share these videos I watched by Mr. Atheist yesterday. They were pretty infuriating. I will probably end up writing about “pro-life” activist Kristan Hawkins soon, but I won’t do it today, because this post is long enough. I’ve got laundry to fold and dogs to walk. But I do want to share them with those who read this post and need a new reason to be disgusted. Maybe, if anyone is interested, I’ll offer my thoughts about these videos tomorrow.