Shameless Biden ups the student loan proposal to 30M people
Posted by Potomac on April 8, 2024, 18:17:43
WSJ today.
The Supreme Court last year blocked the Biden Administration's $430 billion student loan write-off, but who do the Justices think they are? King Joseph showed them on Monday by waving his royal scepter again and canceling debt for some 30 million borrowers.
“President Biden will use every tool available to cancel student loan debt for as many borrowers as possible,” White House press secretary Karine Jean-Pierre declared. Education Secretary Miguel Cardona added: “When the Supreme Court struck down the President’s boldest student debt relief plan, within hours, we said, ‘We won’t be deterred.’” That’s for sure.
Although the details of Mr. Biden’s latest plan are new, it aims like the first to make college free on the back-end. For whatever reason you can’t—or won’t—repay your loans, the Administration has you covered.
Mr. Biden’s new plan eliminates accrued interest on loans for some 23 million borrowers....
It gets worse from there, and then:
Mr. Biden’s new loan forgiveness is still illegal. The High Court stressed that student loan forgiveness is a major question that requires clear authorization from Congress. But Mr. Biden seems to believe he can jam the courts by automatically forgiving debt before a judge has time to stop him.
The White House says most borrowers won’t even have to apply for loan relief. Sometime before the November election, Mr. Biden will simply declare their debt forgiven. That means a future Congress and a President Trump might be unable to undo the lawless act. Where are the press scolds who warn about a President who threatens democracy?
I got a text today about forgiving my student loans...
The Supreme Court last year blocked the Biden Administration's $430 billion student loan write-off, but who do the Justices think they are? King Joseph showed them on Monday by waving his royal scepter again and canceling debt for some 30 million borrowers.
“President Biden will use every tool available to cancel student loan debt for as many borrowers as possible,” White House press secretary Karine Jean-Pierre declared. Education Secretary Miguel Cardona added: “When the Supreme Court struck down the President’s boldest student debt relief plan, within hours, we said, ‘We won’t be deterred.’” That’s for sure.
Although the details of Mr. Biden’s latest plan are new, it aims like the first to make college free on the back-end. For whatever reason you can’t—or won’t—repay your loans, the Administration has you covered.
Mr. Biden’s new plan eliminates accrued interest on loans for some 23 million borrowers....
It gets worse from there, and then:
Mr. Biden’s new loan forgiveness is still illegal. The High Court stressed that student loan forgiveness is a major question that requires clear authorization from Congress. But Mr. Biden seems to believe he can jam the courts by automatically forgiving debt before a judge has time to stop him.
The White House says most borrowers won’t even have to apply for loan relief. Sometime before the November election, Mr. Biden will simply declare their debt forgiven. That means a future Congress and a President Trump might be unable to undo the lawless act. Where are the press scolds who warn about a President who threatens democracy?
"yeah but you live down where the hoot owls eff the chickens" - illinihiltopper
So many comments along the lines of, “I am a lifelong liberal, and I hate this.”
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WSJ today.
The Supreme Court last year blocked the Biden Administration's $430 billion student loan write-off, but who do the Justices think they are? King Joseph showed them on Monday by waving his royal scepter again and canceling debt for some 30 million borrowers.
“President Biden will use every tool available to cancel student loan debt for as many borrowers as possible,” White House press secretary Karine Jean-Pierre declared. Education Secretary Miguel Cardona added: “When the Supreme Court struck down the President’s boldest student debt relief plan, within hours, we said, ‘We won’t be deterred.’” That’s for sure.
Although the details of Mr. Biden’s latest plan are new, it aims like the first to make college free on the back-end. For whatever reason you can’t—or won’t—repay your loans, the Administration has you covered.
Mr. Biden’s new plan eliminates accrued interest on loans for some 23 million borrowers....
It gets worse from there, and then:
Mr. Biden’s new loan forgiveness is still illegal. The High Court stressed that student loan forgiveness is a major question that requires clear authorization from Congress. But Mr. Biden seems to believe he can jam the courts by automatically forgiving debt before a judge has time to stop him.
The White House says most borrowers won’t even have to apply for loan relief. Sometime before the November election, Mr. Biden will simply declare their debt forgiven. That means a future Congress and a President Trump might be unable to undo the lawless act. Where are the press scolds who warn about a President who threatens democracy?
on April 8, 2024, 18:17:43
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