Just before the 2022 Midterms, Joe Biden announced a student loan forgiveness plan. Even though many critics said it was illegal, Biden vowed to not only cancel millions of college students’ debt, but he would repay those who had already paid off their loans.
Conservative estimates stated that this program would cost American taxpayers $300 billion. But, in reality, it could have cost as much as $500 or $700 billion. Many were ticked off that Biden was forcing working Americans, some who couldn’t go to college, to pay for the college tuition of entitled, spoiled Americans.
The Supreme Court revoked this program. It rebuked Joe Biden for trying to force a massive spending program onto Americans, without the support of Congress. They essentially said what he was doing was unconstitutional. Yet, despite this humiliating rebuke, Biden is back trying to scam American workers.
On Wednesday, the Biden administration announced that it had approved an additional $9 billion in student loan forgiveness. The money will help 125,000 Americans pay off debts they incurred while receiving post-secondary education.
The move comes as the pandemic-era pause on student loan payments comes to an end, forcing students to begin making payments.
It also follows the Supreme Court striking down a previous Biden-backed student loan forgiveness plan in June. [Source: The Post Millennial]
Failed President Joe Biden is once again trying to bribe Americans for votes. Even though he’s responsible for 3 million illegal aliens in the country, rampant inflation, high gas prices, a war in Europe, and a crime epidemic, he thinks he can save his party by buying college students’ votes.
The new plan might be an attempt to circumvent the Supreme Court’s ruling, which could land him in a world of trouble. He will only provide “relief” for 125,000 Americans, including disabled people. Apparently, Biden thinks only disabled Americans deserve debt relief.
Many blasted Biden for trying to forgive student loans. Those students knew what they were doing when they signed up for those loans. They were able to attend the school of their choice, knowing they’d have to pay back those loans in the future.
Why should they catch a break, when people struggling with credit card or car payments don’t? Why should working Americans be forced to cough up $9 billion, when many can’t even pay to put gas in their cars?
Some might point out that Biden is doing this just as impeachment talk heats up. More attention is being given to his criminal son, Hunter. And House Republicans move forward with their probe against his crooked family. Biden might think he can distract from his many sins, by giving away more of our money.
Author: Bo Dogan