“At first glance, all of these loan forgiveness programs may seem to have merit. But they are all trying to paper over problems that the federal government created and that will continue to exist after the new rules go into effect. Forgiving billions of dollars in student loans means billions of federal dollars went to poorly run schools and students who were, in many cases, unprepared for college. While those students may deserve some kind of debt relief—and which very few of them can receive through bankruptcy—the Education Department continues to issue loans to unprepared students in order to attend poorly run schools.
The expansion of benefits offered by the PSLF program spells unique problems for taxpayers and future borrowers alike. Expanding eligibility to more kinds of “public service” workers, including employees of private companies and private contractors, is expected to cost over $13 billion in the next 10 years.
As with debt forgiveness for borrowers who are misled by their schools, PSLF on its face sounds like a good idea. If a student decides to take a career in public service—an essential but presumably low-paying job—then, after 10 years of payments, that student will be rewarded for his service by having a set amount of his remaining loan balance paid. However, those who work in the public sector often have the best job security, health care, and pensions among America’s middle-class workers.
What’s more, many professions counted as “public service” are some of the highest-paying positions in the entire job market. Physicians employed by nonprofit hospitals, for example, are eligible for PSLF. However, whether a cardiologist works for a nonprofit or a for-profit hospital, his yearly salary will likely top $400,000. Thus, prospective physicians can take on hundreds of thousands of dollars in debt for medical school, and only pay a fraction of the amount borrowed, while accruing millions of dollars in income over the course of their careers.
When academic deans can assure students that a large debt burden can be discharged by working for a nonprofit or the government after graduation, they can more easily justify exorbitant tuition costs. After all, why worry about borrowing a massive sum if you won’t have to repay it? The PSLF solution to high debt burdens for public sector workers has only aggravated the problem and will continue to. Once the government pours funding in the form of debt relief into the market for specific degrees, schools end up using these funds to justify hiking prices, thus generating a bigger student debt crisis. In turn, this enlarged crisis cries out for more government funding.
The solution to runaway student debt inflation is for the government to stop subsidizing tuition hikes. While limited debt relief for defrauded or disabled borrowers makes sense, the federal government needs to start making policy proposals that will attack the student debt crisis at its source—the cost of college attendance.
Student loan debt is a real and pressing problem for America’s poorest borrowers, but it is merely an inconvenience for millions of others, including many beneficiaries of PSLF. Solving the college cost problem in the long term requires getting the government out of the lending business.”
How Much Of The Gasoline Price Surge Is President Biden’s Fault? Robert Rapier. 2022 3 13. Forbes. https://www.forbes.com/sites/rrapier/2022/03/13/how-much-of-the-gasoline-price-surge-is-president-bidens-fault/?sh=31618bce7c8b 4 reasons high gas prices aren’t Joe Biden’s fault—and one critical way he’s adding to the problem Will Daniel. 2022 6 8. Fortune. https://www.yahoo.com/video/4-reasons-high-gas-prices-090000545.html
“In a speech delivered last Wednesday at the Ninth Summit of the Americas in Los Angeles, President Joe Biden made a passionate plea for renewed purpose and partnership between the United States and its Latin American and Caribbean neighbors.
But it was some conspicuously empty seats in the audience that grabbed the attention. Out of the 35 countries in the Americas, only 23 sent heads of state, one of the lowest attendance rates since the first summit almost 30 years ago.
Most of these absences stem from Biden’s decision to not invite Cuba, Nicaragua, and Venezuela to the summit over their human rights records, a move driven in part by pressure from Cuban-American exile groups. “There can’t be a Summit of the Americas if all the countries of the continent don’t participate,” Mexican President Andres Manuel Lopez Obrador stated at a press conference on June 6. The presidents of El Salvador, Guatemala, and Honduras, major sources of migration to the United States, also announced they would not attend in protest.
In 2001, the Organization of American States passed the Inter-American Democratic Charter, officially barring nondemocratic states from participating in successive summits at the behest of the United States. However, this rule was seemingly annulled when the U.S. and Cuba reestablished diplomatic relations under former President Barack Obama.
Cuba attended the 2015 summit in Panama, where Obama’s meeting with former Cuban President Raul Castro marked the first time Cuban and American heads of state had met since the Cuban Revolution.”
…
“”There is no way President Biden can make progress on addressing the migrant crisis since the Presidents of Mexico, Guatemala, Honduras, and El Salvador chose not to attend””
…
“The summit’s perceived disconnects have confirmed what some in the region have feared: The U.S. is failing to reset or even update its Latin America policy after years of neglect under former President Donald Trump.”
…
“”Washington seems to have prepared this summit as if it was 1994,” said Rivero Santos, referring back to the first Summit of the Americas held in Miami. Rivero Santos believes the Biden administration still sees the Americas through the prism of the 1990s neoliberal political wave that swept south, but socialist and populist governments have been making inroads in the region for years. “Washington has not been able to keep up with the changes in the region. The Latin America of 1994 is very different than the Latin America of 2022.””
“Biden administration officials are now working to undo some of the harmful legal policies put in place by Trump-era attorneys general—less visible than controversial measures like the border wall and family separation, but nonetheless damaging to due process and punitive toward the people who seek asylum on American soil. Last June, Attorney General Merrick Garland scrapped rules that made it difficult for victims of domestic violence or gang violence, as well as family members of threatened individuals, to qualify for asylum.”
“Though Biden appears willing to overlook Khashoggi’s death in order to shore up America’s access to Saudi oil, he is at least on record as explicitly having condemned that murder. At a November 2019 primary debate, Biden said he would “make [Saudi Arabia] the pariah that they are” and stop arms sales to the Middle Eastern nation. A month after Biden took office, Director of National Intelligence Avril Haines released a government report confirming that the Crown Prince directed the assassination. The administration also delayed most weapons sales to Saudi Arabia, in light of its continued involvement in Yemen’s brutal civil war.”
…
“For many Middle East analysts, Biden’s trip signals pragmatism. “A successful foreign policy for a global power such as the US cannot choose values over interests,” wrote Council of Foreign Relations president Richard Haass in a recent article. “What the Biden administration is contemplating in Saudi Arabia appears to be righting the balance.””
“the federal law that prohibits sex-based discrimination in education is getting a radical overhaul that will gut critical due process protections for students accused of sexual misconduct.
Education Secretary Miguel Cardona touted the new proposals as necessary revisions to Trump-era rules that reasserted the need for colleges and universities to treat both parties to a sexual misconduct dispute fairly and equally. The Biden administration has apparently embraced the idea—one promoted by many progressive victims’ advocacy groups—that the rules propagated by previous Education Secretary Betsy DeVos made it too difficult to file sexual misconduct claims; Cardona’s proposals would substantially revert Title IX compliance to the Obama-era standards, under which hundreds of students allege that they were wrongfully expelled from college following adjudication procedures that were manifestly unfair.”
“Biden, who says he went to the Middle East to address “the needs of the free world,” has explained the strengthening of relationships with Arab states and Israel as a success.
But it’s worth taking a look at what concrete victories that closeness produced.
Saudi airspace will be opened to Israeli planes — an incremental step toward normalizing relations between the two countries, yes, but more of a victory for jetliner rights than human rights. A new peacekeeping arrangement was announced for the Red Sea Islands between Egypt and Saudi Arabia; the islands have been a regional geopolitical touchpoint, but the deal is hardly a major win beyond the region. There was talk of bringing Iraq closer to its neighbors, with a new electricity initiative to connect Iraq with the Middle East. Infrastructure projects totaling about $100 million were announced for Palestinians, including 4G networks for the occupied West Bank. The latter two, while worthwhile, are minor compared to other US development and foreign aid streams of funding — and minuscule compared to annual military aid to Israel.
A moderate success was Saudi Arabia’s ongoing commitment to maintaining a ceasefire in Yemen, a worthy goal considering the destruction wrought there, in part with the support of American weaponry, though hardly an issue that demanded a presidential visit.
As for oil, we haven’t seen any grand announcements. Ahead of the trip, a US official told reporters there wouldn’t be any big energy news, and instead pointed to an announcement a month prior from OPEC that the group of oil-producing nations would increase production.
It has left observers wondering exactly why Biden made the journey.”
…
“A senior Biden administration official, on the last day of Biden’s Middle East trip, described human rights at the center of America’s goals — “I’d go so far, literally, to say right at the forefront of our foreign policy,” they said.
But human rights is not even at the forefront of the administration’s press releases, fact sheets, and meeting summaries.
The official touted a “Biden doctrine” for the region. In the document, values rank lowest — fifth — after bullet points about partnerships, deterrence, diplomacy, and integration. So partnerships (with unsavory leaders) and deterrence (through our security assistance) are the priorities here.”
…
“This Biden trip is a preview of US foreign policy in an era of great power competition with China and new fault lines of a world divided by Russian aggression. There are trade-offs. “You sanction Russian oil, and you give power to Middle Eastern autocrats,” Khalidi told me. “The only reason he’s sidling up to these human rights abusers is because of the knock-on effects of the Russian invasion of the Ukraine, and the energy impact of that invasion.”
Or, as Freeman put it, “The message to the people in the region is we only care about you in the context of our great power rivalry.”
Despite the emphasis on Russia, there was little movement on solidifying a Middle East coalition in support of Ukraine. The United Arab Emirates is a major hub for Russian businesspeople and dirty money, and that seems unlikely to change. Egypt is a hot spot for Russian tourists. Saudi Arabia and Israel are still fence-sitters in the Ukraine conflict, hesitant to definitively take a side. While Egypt, Israel, Saudi Arabia, and the UAE voted to condemn Russia’s invasion in the UN resolution, none has joined the US-led sanctions against Moscow.
Yet all of these regional powers are making demands of the US to take a harder line on Iran and enable them militarily. (Wait, wouldn’t realpolitik be crafting a deal with Iran, and getting more oil production online in the process?)”
“The inflation plaguing Joe Biden’s presidency is also shrinking what’s so far been his crowning legislative achievement — the infrastructure bill that Congress enacted just seven months ago.
Democrats have hailed the infrastructure law, with its $550 billion in new road, rail and broadband funding, as a transformative shift for the country. But inflation — which reached a 40-year high of 8.6 percent last month — has already slashed billions from its value, forcing states to cancel or delay projects as costs balloon.”
“The White House announced..it will commit to limiting the use of anti-personnel land mines in most places around the world, putting an end to a Trump-era expansion of the policy that President Joe Biden had vowed to reverse.
Anti-personnel land mines, designed for use against humans, have a “disproportionate impact on civilians, including children, long after fighting has stopped,” the White House said in a statement ”
…
“The Biden administration noted that the use of anti-personnel land mines will continue on the Korean Peninsula because of the “unique circumstances” there and the United States’ commitment to defend South Korea against North Korea.”
…
“The policy is “in sharp contrast” to Russia’s involvement in Ukraine, where there’s evidence that the country has used anti-personnel landmines that have caused “extensive damage” to civilians and infrastructure, Brown said. He declined to say whether the war in Ukraine provided the impetus for the administration’s move, emphasizing that the policy has been under review since January 2021 and was recently concluded.
The policy change aims to “bring U.S. practice in closer alignment with a global humanitarian movement that has had a demonstrated positive impact in reducing civilian casualties” from land mines, the statement said.”