That's very possible, my idea is not mathematically proven so it might end up being that without interest rates they don't make any money at all. I think however there is still a net benefit to an educated people that can't be measured in strict monetary terms.
I'm super surprised too! I didn't expect this to really pass not because of Biden but because of the shitty congress. I'm quite pleased with the results so far.
I'm still kind of surprised about this. Like, it seems improbable that it even happened even though I lived through it and can explain it.
Because we aren't sure he can even do it. Do you know what happened to the Trump administration when they tried to govern like this? They got beaten to hell and back in court. WaPo ran an updated interactive piece on this specific thing, as of april 26, 2019 Trump passed 105 EOs, how many were tossed out in court? 70! That's an almost 70% failure rate. Why is this what we are trying to emulate?
www.federalregister.gov
Ah okay I am tracking now, didn't know that was the reason but makes more sense. Kind of like how the individual mandate was the compromise for requiring insurance companies to take on everyone including pre-existing conditions. Unfortunate compromise it seems.
In the policy integrity link it's even worse, though those aren't all for EOs but still that one is a damn 75% failure rate. wild!!
that does seem to be the case with some people on this site. Unfortunately the ignore button seems more useful.
In NZ, student loans are made by the government and are interest free as long as you remain in NZ. Repayments are made automatically, deducted from paychecks once you are past a certain salary threshold as part of the tax system, so paid directly from the employer on your behalf. Repayments are a certain small percentage of your paycheck but you can opt to pay more. It's a pretty good system that keeps student debt manageable and the loan/repayment process simplified to the point of almost being invisible, though I don't know whether it would scale to the US given that your cost of education is much, much higher for whatever reason.
This sounds pretty great, New Zealand as a whole sounds like pretty reasonable takes on governing though I'm sure there are bads that we don't hear about on global news. Not sure all of the reasons our costs are so high but I have to imagine a large part of it is the very lucrative but also very expensive college sports which rival professional sports in their size and reach...
youtu.be
Well, voted to proceed, but yeah. There is still time for this to blow up, but with 17 onboard, seems unlikely.
I love how mad Trump is about it. Tells me all I need to know that this is a win for the country.
Remember stuff like this when anyone claims both sides are the same and that Joe Biden hates poor people. This administration has been amazing for America across the board.
Pandemic Aid Programs Spur a Record Drop in Poverty (Published 2021)
The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.www.nytimes.com
This is only a projection, but wow.
It's almost like the minimum federal wage should be a lot higher than it currently is.
Pandemic Aid Programs Spur a Record Drop in Poverty (Published 2021)
The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.
This is only a projection, but wow.
Yeah, we have inter-collegiate sports, but it is amateurish compared to what you have there. However, I would have thought that pretty much all college sports programs were run at a net profit rather than being subsidized by student fees, no?
Just give people money jesus christ
Pandemic Aid Programs Spur a Record Drop in Poverty (Published 2021)
The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.
This is only a projection, but wow.
I'll have to look into it further, but at my college at least we were charged a "sports fee", and we had an NCAA Division 1 hockey team. Not sure how much bigger college hockey can get and still charged us fees and pretty sure they lost money each year. Signing players is really spendy.
Pandemic Aid Programs Spur a Record Drop in Poverty (Published 2021)
The most comprehensive study yet of the federal response to the pandemic shows huge but temporary benefits for the poor — and helps frame a larger debate over the role of government.
This is only a projection, but wow.
It's something, isn't it? They'll likely vote no on all the other bills anyway so they can keep up their Republican cred, but they couldn't even be decent for even this one bill.
Holy shit Republicans are SO delusional. Even when they do the right thing sometimes!!
They can only side with Democrats a limited amount of times. Spending is never a good thing for conservatives, especially if it makes sense to do.
100%, keep in mind Trump got nearly all of the credit for CARES Act to the point where it arguably nearly saved his re-election bid, despite that law being mostly the brainchild of the House Democrats.
Yeah, expecting that kinda stuff was crazy. Though I can see some wanting a "left wing Trump" in terms of the rhetoric of not respecting traditions/norms. Because Democrats have played in their lane for so long and tried to do everything with 'respect' while the other side just steps all over them. I don't blame some for wanting a version of that for the left. It's probably why Bernie drew so many new people to politics. His messaging was very blunt.
