I wish someone would tell Biden he has no legal right to cancel the mortgage on my house, because I'd be out of debt if they did...
President Biden’s Department of Education announced Friday it would cancel $39 billion in federal student loans for more than 800,000 borrowers within the next month.
In a statement, Education Secretary Miguel Cardona called the move a “historic step,” but Republicans were livid. “For far too long, borrowers fell through the cracks of a broken system that failed to keep accurate track of their progress towards forgiveness,” Cardona said.
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The rest of the article with video of Biden is here:
More Biden horse shit. This isn't an accounting error on student loans that didn't credit payments. This is just another end run at the same arguments the Supreme Court already kicked out. They know it, but there's an election coming up and they expect to hoodwink a bunch of student loan debtors again. Either it won't be resolved by election time, or the debtors will all be pissed at the Supreme Court again. Either way, the Demoncrats whip up some more votes.. It's election fraud.
ReplyDeleteMy second wife has a 52 year old daughter who still owes upward of 80000$ For 25 years now. A Masters in Education. But because she could not find a job within walking distance in the city she lived in she wouldn’t look elsewhere. Shortly there after she went on welfare during which time she did not have to pay on her loan. She finally took a job where she paid on the loan for four years then Covid hit. So during all that time she’s only paid four years of it. She doesn’t deserve to get her loan paid off. She should owe on the loan until she pays it off.
ReplyDeleteOh SCOTUS, the morons are at it again. This will die the same death as the last vote buying gimmick did.
ReplyDeleteFirst, if they did not take the loan, pay as they go; no debt.
ReplyDeleteSecond, if they were somehow gainfully employed, and paid off their loan bit after bit; no debt.
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