Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

  • Roundcat@kbin.social
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    1 year ago

    At some point you have to wonder how does this benefit conservatives at all? On the contrary, forgiving student debt would free up the income of several people in their districts to spend money and stimulate the economy. From a church’s perspective, any money that isn’t being spent on repayment is potentially money being dumped into their collection plates. And for all those conservative people who want liberals/queer people/racial minorities to move away from them, they would certainly have more money to do so. Even to the most die hard conservative, I don’t see how this isn’t an absolute win?

    • AstridWipenaugh@lemmy.world
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      1 year ago

      More liberals go to college than conservatives. So while this will hurt some of their base, it will hurt their enemy more. And it’s a culture war victory for their aging boomer base that enjoyed cheap college and never had to struggle with college debt.

      • treefrog@lemm.ee
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        1 year ago

        Nah, they feed their base hate but that’s their playbook and not the point.

        Power and money are the point and poor people are easier to exploit. Everything they’re doing, even abortion, is about keeping the cycle of poverty going.

    • Chunk@lemmy.world
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      1 year ago

      Loan forgiveness helps college educated Americans. The GOP has vilified college education as elitist. So blocking loan forgiveness is like a PR will for the GOP base.

    • who8mydamnoreos@lemmy.world
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      1 year ago

      If loan forgiveness goes though its a major win for the Democrats and they cant have that. If republicans block it, then the peasants among us can claim that Democrats were never serious about it and both parties are the same.

    • Dran@lemmy.world
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      1 year ago

      The overlap of “old people who donate to churches” and “people with student debt” is probably quite low. Debt and hardship breeds low-income, low-educated future generations, and those uneducated bloodlines are easier to convince to go to church.

      Keeping middle america poor, uneducated, and struggling is a direct benefit to both religion and the corporate bottom line.

    • treefrog@lemm.ee
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      1 year ago

      Poor, vulnerable people are easier for the capitalist class to exploit for lower wages.

    • afraid_of_zombies@lemmy.world
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      1 year ago
      1. Conservative areas have lower education rates so it doesn’t impact them as much.

      2. Banksters lobby.

      3. It might get them a few votes from their core supporters.

      4. It is denying the Democrats a win.

    • dragonflyteaparty@lemmy.world
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      1 year ago

      Because their base has the idea that it if doesn’t benefit them personally, we shouldn’t do it. If they don’t get “free money” too, then they missed out. How dare we correct a mistake of outrageously high college loans without just giving money to those who didn’t go to college or were able to pay it off? That’s not fair.