25
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Jun 2023
25 points (100.0% liked)
Politics
10186 readers
732 users here now
In-depth political discussion from around the world; if it's a political happening, you can post it here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
I'm not sure what could be done. It's an executive order, not a bill, and it's scope is fairly limited. It doesn't create any new powers, just uses what's outlined in the HEROES Act to reduce the burden of student loans. Since it's an executive order the next President could revoke it, but the cancelled amounts can't be brought back so that would just wipe away the changes to how interest is handled.