U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.
Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of dollars in debt.
The president’s announcement, planned for 1 p.m. EDT at the White House, will bring the total approved debt cancellation by the Biden administration to $127 billion for nearly 3.6 million Americans, the White House said.
It’s not that simple. Several factors come into play.
The biggest systemic issues are the first past the post voting system and the electoral college (for president).
People who have even a simplistic understanding of how the system works and the track record for third parties know the odds are low. Those who are pragmatic will vote for Dem or Rep. In the current polarized political climate people are less likely to take a chance with a third party vote.
Also, the press mostly ignores candidates of other parties. So they aren’t as well known and thus can’t get popular enough to get traction.
If you really want more parties to have a chance, push for alternate voting systems like ranked choice, cumulative, etc.
This chart from fairvote.org compares a number of different systems based on their research.