The president doesn’t have the authority to give such a massive gift to his base , there’s no extraordinary circumstance to justify such a handout to this particular class at this particular time, and the long-term consequences are unknown and likely to be bad.
— Steven Beschloss April 30, 2022 This is a really bad strawman and an awful analogy. It “works” in certain circles because part of the Left’s belief system is that the other side simply comprises bad people who want to cause suffering. And it gets worse. Paying for dinner is"suffering" under this logic. Serving time for committing a crime is"suffering." Nobody who makes the “repaying debt is needless suffering” argument has thought it through very well.
TPCarney FJB
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Biden announces student loan debt relief planU.S. President Joe Biden said on Wednesday his administration would forgive student loan debt for many borrowers and would extend a pause on student loan repayments until Dec. 31 of this year.
Source: Reuters - 🏆 2. / 97 Read more »
Live updates: Biden announces student loan forgiveness planPresident Biden announced his plan Wednesday for forgiving student debt for some borrowers. Follow here for the latest live news updates and reactions. So, who is paying for that? Seems like encouraging bad behavior. Some students even borrowed more than they needed and squandered the money. Also, it doesn't seem fair to those who already paid off debt unless you give them their own $10,000. The missed part of this plan is if you are on a Income Based Repayment plan, your interest will be covered as long as you are making on time payments. That’s way bigger for total student loan debt than the $10k everyone is fighting about. Where is my refund for me paying for my education in the 80’s and m my reimbursement for putting my son and daughter through college? Double STANDARD IN THIS COUNTRY
Source: CNN - 🏆 4. / 95 Read more »
Biden's student loan plan: What we know (and what we don't)President Joe Biden says many Americans will be able to have up to $10,000 in federal student loan debt forgiven in they make less than $125,000 a year. I'll believe it when I see it Biden delivers!!
Source: ksatnews - 🏆 442. / 53 Read more »
Biden forgiving up to $20K in student loan debtPresident Joe Biden announced Wednesday that his administration will forgive up to $20,000 worth of student loan debt for borrowers who received Pell Grants. “Idiocracy” is looking more and more like a documentary by the day. This does nothing until we have student loans reform. These loans are predatory. Why would we offer 18 year olds who haven’t worked loans or $100k+ and make it impossible to get rid of via bankruptcy etc. Good start but big changes needed
Source: kgun9 - 🏆 584. / 51 Read more »
Biden is canceling up to $10K in student loans, $20K for Pell Grant recipientsBREAKING: President Biden announced a sweeping effort to forgive up to $20,000 of federal student loan debt for Pell Grant recipients, and up to $10,000 for others. Biden also extended the federal student loan payment pause through Dec. 31.
Source: KPBSnews - 🏆 240. / 63 Read more »
Biden is canceling up to $10K in student loans, $20K for Pell Grant recipientsOn Wednesday, President Biden announced an effort to forgive some federal student loan debt for qualifying borrowers. Biden also extended the federal student loan payment pause through Dec. 31. A horrible give away aimed at “buying” votes.
Source: KTOOpubmedia - 🏆 439. / 53 Read more »