President Biden extends student loan payment freeze through May 1

President Biden extends student loan payment freeze through May 1

Whenever loan payments resume, many experts say the process will be quite messy, given so many back and forths with borrowers. Even a 2020 report from the Education Department noted the resumption of payments would be messy. Loan servicers and the federal government, the report says, will “face a heavy burden in ‘converting’ millions of borrowers to active repayment.” The transition could also be confusing to borrowers, with some “becoming delinquent, at least initially.”

Revival of Class Politics in the U.S.…Will It Be Socialism or Fascism?

Revival of Class Politics in the U.S.…Will It Be Socialism or Fascism? by Finian Cunningham

America direly needs a unified socialist voice that connects the various movements like Black Lives Matter, Climate Extinction, the Feminist Movement, #MeToo and #Timesup, Labor rights, transsexual rights, socialist and communist parties and the movement to transform capitalist business and all other forms of organizations into cooperatives. They need a movement and a party that is against all arbitrary divisions between people. The movement and party should be an umbrella organization. The handle and stem represent class justice. The spokes and their multicolored fabric are all of the movements that are needed to create class, race, gender, and sexual justice for all.

China’s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc.

YouTube: China’s Fortune Cookie Crumbles : Michael Hudson and Renegade Inc.

Transcript & Final Notes

America doesn’t build infrastructure these days unless it’s monopolised. This is the political fight going on in the United States now. President Biden has a infrastructure plan that he’s scaled down from six and a half trillion to three and a half trillion. And essentially the bulk of the Democratic and Republican Party said if we can’t privatise infrastructure and make it a rent-extracting monopoly, we’re not going to do it, and we’re going to block the government from doing it. So in the United States, they’re going to have high priced infrastructure, high-priced health care and high-priced education while China is going to have low-priced transportation, low-cost infrastructure, free education, public health care. And you’re going to have a very high-cost United States unable to compete with the rest of the world. All it can do is make military threats or financial threats. If it tries to impose sanctions as it’s imposed on Russia, China and other countries, these are going to serve as protective tariffs for foreign countries.

Once Again – Fuck Noam Chomsky + The Education Department Will Forgive $5.8 Billion in Student Loans for Disabled Borrowers

Once Again – Fuck Noam Chomsky

Noam is calling for the unvaxed to be isolated from the rest of the racially pure Germans… oh… I’m sorry… from the vaccinated in America. What he is doing is what he used to call the ‘voluntary propaganda of the intellectual class’ and he should be called out for it. Harshly.

The Education Department Will Forgive $5.8 Billion in Student Loans for Disabled Borrowers

Holocaust Sources in Context

US to erase student debt for those with severe disabilities

US to erase student debt for those with severe disabilities

Advocates have pressed the Education Department to eliminate the monitoring period entirely and to provide automatic debt relief to people who the Social Security Administration already identifies as permanently disabled.

Under the new action, both demands will be met. Starting in September, the Education Department will start erasing student debt for 323,000 Americans identified in Social Security records as being permanently disabled.

Should the Biden administration cancel student debt? Read this before you decide

Should the Biden administration cancel student debt? Read this before you decide

In addition, it’s possible to address other challenges plaguing the student-loan system — for example, the obstacles public servants and those scammed by their schools face accessing loan forgiveness that’s already on the books or the harsh consequences of student-loan default — while still providing some relief to borrowers now, Huelsman said.