Hey dude, doing a one-time forgiveness of loans without figuring out why tuition costs are exploding beyond what is sustainable and leaving student loans as non-dischargeable in bankruptcy isn't a fucking solution.
Making student loans dischargeable via bankruptcy is.
The increase in Republican majorities in the Senate and House after the 2004 elections breathed new life into the bill, which was introduced in its current form by the chairman of the Senate Finance Committee, Republican Senator Chuck Grassley of Iowa. According to George Packer in his book The Unwinding, Joe Biden, Chris Dodd, and Hillary Clinton helped pass this bill. (Of the three, however, only Biden voted for the final bill. Dodd voted against, and Clinton did not vote.) The bill was supported by President George W. Bush. Tom DeLay also championed the legislation. The bill passed by large margins, 302–126 in the House and 74–25 in the Senate, and was signed into law by President Bush.
Biden was one of 18 Democrats who broke with party to pass this bill in 2005 that made it so you can't discharge your student loans in bankruptcy. Biden in particular, was pretty loud about supporting the creditors on this bill. I remember because I had just left college and had loans at this point in my life, and I was pretty frustrated by it, and Biden in particular.
The fact that he doesn't want to undo the biggest issue with student loans as they stand, considering it's a bill he voted for himself, speaks loudly to how he wasn't actually interested in solving the problem. Think about how much of a non-issue this would be if you could just file bankruptcy and make these loans go away.
But sure, it's scary Republicans blocking his worthless fucking joke of a plan, not that his plan was a joke and his work in the senate is literally the reasons that students can't just... file for bankruptcy to get out from under their student loans.
But fuck me for actually knowing the history of this issue, right??
Hey, at least we got the Antiviral Wipe during the pandemic!
I actually really miss his police procedural sendup series A Touch of Cloth starring John Hannah.