While people who earned college degrees don’t have to pay their loans, Americans will be saddled with their debt. In another loan giveaway, Biden “forgave” $7.7 billion in debt for the lucky holders of free college degrees. He has no legal right to do it, but he is an authoritarian.
It covers 160,000 debt holders. It goes from soaring debt holders to skyrocketing impoverished masses who don’t have the degrees to show for it.
It’s a shameless vote-buying stunt.
In April, the administration announced another round of cancellations, totaling $7.4 billion for 277,000 borrowers, and declared a new group of student debt relief proposals that could go into effect this fall. Wednesday’s addition brings the total number of Americans who have had loans canceled to 4.75 million, relieving an average of over $35,000, the White House said.
He is working on new proposals to wipe away interest of borrowers and put the burden on middle class Americans.
Biden is doing this through the SAVE plan (Saving on a Valuable Education), which he illegally concocted.
How many nitwits had their loans forgiven?
While the woefully misinformed nitwits on college campuses wear tablecloths on their empty heads and chant scripted slogans, these are the savages they are supporting. pic.twitter.com/wHlaHTZSfI
— James Woods (@RealJamesWoods) May 22, 2024
In April, Robby Starbuck said,
“Kamala Harris says the new Biden initiative will forgive student loans “regardless of your income and even if you did not graduate” for 25 million people. Our country’s broke, and Democrats are signing you up to pay for people’s college even if they make more than you do.”
And if they goofed off and didn’t even earn the degree.
Nearly 2/3 of Americans DID NOT go to college.
Yet Joe Biden & the Democrats expect THEM to pay for the economically unviable college degrees of a select few.
Let’s call this exactly what it is: Joe Biden is trying to buy votes with his unconstitutional student loan bailouts. pic.twitter.com/KqrOrcSZSQ
— Congressman Byron Donalds (@RepDonaldsPress) March 29, 2024
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Unpopular but truthful view: Can’t separate those w/ some loans forgiven… from “Americans”… as if they were two different groups. Actually, this is the first/only program that benefits ordinary, working Americans and not just the elites (donors/congressional family members/etc.) or special-interest groups. When “covid loans” were forgiven (which went to the above groups)–or “black farmers” got this treatment, no one… Read more »
When Trump and sanity returns, I hope the unconstitutional Dept of Education sends notice to every one of the parasites whom Briben illegally/unconstitutionally forgave their student loans that they still owe the money and are to start paying these loans on the schedule they agreed to when taking out the loans.
America can and should burn to the ground and we should all suffer like there’s no tomorrow for allowing these Corrupt POS, like Joe Biden to Continue to Rob & steal from the American People? So that Loser & his family of Drug addicts and perverts never have to work? P.S. If the Russian’s and/or Chinese invaded the Country, tomorrow… Read more »
It’s not Joe’s money to give away. He’s borrowing money in our name, meaning the debt is on us, to buy votes for himself. The US Constitution has been left in the dust.
Yeah…. But Trump…..
And yet not one single lawmaker will file impeachment against this idiot!
And get what in return? Kamala? Gee thanks. No, Briben will be out in January but for now, all Republicans including the back stabbing Mike Johnson need to put their big boy pants on and start blocking Briben. Pelosi was able to block Republicans with the slimmest of majorities, Republicans need to do so too.
I guess biden is used to breaking the law.