Anonymous ID: 626a41 June 30, 2023, 1:06 p.m. No.19100874   🗄️.is đź”—kun   >>0887

Mr. Biden: No one with an undergraduate loan today, or in the future, whether from a community college, or a four-year college, will have to pay more than five percent of disposable income to repay their loan.

[at that rate, many loans will never be paid]

Anonymous ID: 626a41 June 30, 2023, 1:10 p.m. No.19100892   🗄️.is đź”—kun   >>0905

Mr. Biden: I believe the Court's decision to strike down my student relief program is a mistake; is wrong. I'm not going to stop fighting to deliver borrowers what they need, particularly those at the bottom end of the economic scale.

Anonymous ID: 626a41 June 30, 2023, 1:12 p.m. No.19100907   🗄️.is đź”—kun   >>0922

Mr. Biden: I'm announcing today a new path consistent with today's ruling, to provide student debt relief to as many borrowers as possible, as quickly as possible. We will ground this new approach in a different law than ,my original plan…[it will allow] to compromise, waive, or release loans under certain circumstances. This new path is legally sound.

Anonymous ID: 626a41 June 30, 2023, 1:14 p.m. No.19100916   🗄️.is đź”—kun

Mr. Biden: Today's decision closed one path. Now we're going to pursue another. I'm never going to stop fighting for you. We'll use every tool in our disposal to get you the student debt relief you need.

Anonymous ID: 626a41 June 30, 2023, 1:33 p.m. No.19100998   🗄️.is đź”—kun

Jean-Pierre: We are deeply disappointed in the Supreme Court's decision today…which takes our nation backward in the fight for equality…while the court's decision only addresses expressive, original designs, as [Biden] said today, we are concerned that the decision could invite more discrimination against the LGBTQ+ community.

Anonymous ID: 626a41 June 30, 2023, 1:46 p.m. No.19101047   🗄️.is đź”—kun

Reporter: It seems like if the HEROES Act was on legally spurious footing, this [new plan] might be even more so. If you're more secure that this is a legal route to do it, why didn't you just use this in the first place?

Cardona: We believe the Supreme Court got it wrong today. We believe the HEROES Act does give me the authority…the Higher Education Act has a pathway, and we're going to use that pathway.

Reporter: If you think that's a better way to do it, why didn't you just use that in the first place?

Cardona: We believe the HEROES Act pathway was quicker, and we had the authority to do it.

[you did not have the authority; your new plan will also be proven illegal]

Anonymous ID: 626a41 June 30, 2023, 1:49 p.m. No.19101057   🗄️.is đź”—kun

Reporter: Why should borrowers trust you this time that this will work?

Cardona: There has been no other president that has done more for student debt relief…

[refused to answer question]

Anonymous ID: 626a41 June 30, 2023, 1:51 p.m. No.19101071   🗄️.is đź”—kun

Ramamurti [National Economic Council]: We're just beginning the rule makeing process now. There's going to be time to craft the exact proposal under this new legal authority.

[there is no 'new legal authority' kek]

Anonymous ID: 626a41 June 30, 2023, 2:06 p.m. No.19101139   🗄️.is đź”—kun

Ramamurti: Black borrowers have to borrow more often for going to school, they have to borrow more because they tend to have less family wealth to rely upon, and it takes them longer to repay after they graduate because they have less family wealth to rely upon…many black borrowers, in addition to having to repay their own loans…are helping other people and their family to pay off their debts.

[most people don't pay their loans via 'family wealth'; his other comments are too ridiculous to even consider]

Anonymous ID: 626a41 June 30, 2023, 2:12 p.m. No.19101163   🗄️.is đź”—kun

Ramamurti: Ninety percent of it [failed debt relief] went to people making under seventy-five thousand dollars a year. And now that's been ripped away; we're not going to stand for that.