Arkansas Attorney General Leslie Rutledge says she plans to take action against Biden's student loan handout on 'Mornings with Maria.', seven words, all beginning with the letter "I," came to mind: I thought the idea was illegal, inflationary, immoral, inequitable, irresponsible, irrational and idiotic. The current law governing federal student loans dates back to the Obama era, P.L.111-152. In it, the Congress and president agreed on funding for the student loan program.
THE FED IS AIMING TO ‘MEANINGFULLY DECELERATE’ INFLATION BY TIGHTENING POLICY, KANSAS CITY FED PRESIDENT SAYSIt is wrong to tell some borrowers that they need not meet their loan obligations — letting some favored persons ignore legal commitments, but not others. WASHINGTON, DC - APRIL 27: Activists hold signs as they attend a Student Loan Forgiveness rally on Pennsylvania Avenue and 17th street near the White House on April 27, 2022, in Washington, DC.
— AOC and the"Squad" in the House and allies like Bernie Sanders and Elizabeth Warren in the Senate — considered smart politics, much less responsible public policy?The assumption that this move will win more Democratic votes in November than it will lose sounds far-fetched to me. The Democrats, despite some modest gains recently, have lost huge ground politically over the past 19 months if polling data are any indication.
Republicans hate that Biden helped the working class 👎🏻
I can understand your position, if we educate our bright students then they will vote out the Republican Party.
Grifter in Chief. FJB.
And doesn’t help those who really need relief…
More tax cuts for the rich?
Illegal? Then the rest doesn’t matter, right? Right?
IMPEACHBIDENNOW
Worst President in my lifetime.
The plutocracy shows again who they really care about.
You pretty much described Democrats.
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Big student loan forgiveness plan announced by BidenPresident Joe Biden on Wednesday announced his long-awaited plan to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans Is free mortgages next? How can he legally do this? Doesn’t Congress control the purse strings?
Source: Mynorthwest - 🏆 438. / 53 Read more »
Big student loan forgiveness plan announced by BidenWASHINGTON (AP) — President Joe Biden on Wednesday announced detailed plans to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need — along with measures to lower the burden of repayment for their remaining federal student debt. you saddled our grand and great grandchildren with this debt, you have 20% of Ukraine so called aid so it doesn't make s difference to you. you are the worse president ever 💩💩💩💩💩🤡🤡🤡🤡🤡🤡🤡 How soon does this take effect? 👀👀 POTUS DOES NOT have the authority to forgive student loan debt, he is abusing the power of the office of President.
Source: AP - 🏆 728. / 51 Read more »
President Biden poised to announce some form of student loan forgiveness: SourcesJoe Biden is poised to decide whether to cancel student loan debt for a subset of Americans and continue to keep a COVID-era pause on the repayments I’m not going to paid for someone who majored in liberal arts & couldn’t job at all. This doesn't apply to me, I don't have any student loans. But he did campaign on this and it's only right that he does it. Infuriating!
Source: ABC - 🏆 471. / 51 Read more »
President Biden announces student loan forgivenessPres. Biden announces plan to cancel up to $10,000 in student loan debt for Americans making less than $125,000, and up to $20,000 for Pell Grant recipients. First, the U.S. Gov should not be incentivizing college with attractive loan offers, thus artificially raising the price. Second, regulate private loans to eliminate compound interest: I hope congress can throw this out? Thats fucking ridiculous. I rather universal healthcare or something more productive then canceling student debt. They chose to go to college, sick people didn't choose to be sick. Use your fancy degree and get a job geez. Pell Grants is free money. Makes no sense.
Source: ABC - 🏆 471. / 51 Read more »