[ May 17, 2024 ]
The Biden administration regime announced today that it would automatically forgive $39 billion in student debt for 804,000 borrowers.
The announcement comes weeks after the conservative-majority Supreme Court struck down President Biden’s sweeping student loan forgiveness plan, which would have delivered relief to about 37 million people.
And where is your hard earned money going? Student loan borrowers have said they would spend their plunder on vacations, drugs, alcohol, or smartphones. About 20 percent of borrowers polled said they spent the money on vacation, while 10 percent said they spent it on alcohol and drugs or gambling.
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Student loan borrowers spent the money on vacation, alcohol, drugs or gambling.
Hardworking, beleaguered Americans are forced to fund the poisonous indoctrination that has destroyed young American minds and then fund their vacations, alcohol and drug consumption.
Taxation without representation.
The announcement comes weeks after the Supreme Court struck down President Biden’s sweeping student loan forgiveness plan, which would have delivered relief to about 37 million people.
JTN: Fust weeks removed from a Supreme Court ruling that declared its student loan forgiveness program unconstitutional, the Biden administration on Friday announced new relief for students that will cancel $39 billion in debt for more than 804,000 past students.
For far too long, borrowers fell through the cracks of a broken system that failed to keep accurate track of their progress towards forgiveness,” Education Secretary Miguel Cardona said in a statement. “By fixing past administrative failures, we are ensuring everyone gets the forgiveness they deserve.”
Cardona said the new program is justified by adjusting payment schedules in student loan programs to recognize some qualifying payments “should have moved borrowers closer to forgiveness were not accounted for.”
The justices voted 6-3 last month to strike down Biden’s plan to forgive up to $20,000 in debt for 43 million student loan borrowers, concluding the president did not have the legal authority to do so without legislation from Congress…..
https://twitter.com/EricSpracklen/status/1679819856437288960?s=20
https://twitter.com/Project_Veritas/status/1676614139005861889?s=20
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18 Comments
D
10 months ago
we are ensuring everyone gets the forgiveness they deserve – Everyone? So what forgiveness am I going to get?
10 months ago
This pathetic POS has to be removed ASAP, with the rest of the progressive, commie, demoncraps, and RINOs, who are further destroying this country.
10 months ago
Every student who had his or her loan cancelled by this patently illegal edict, should be prohibited from ever setting foot into a voting booth for the rest of their lives.
D
10 months ago
Well, welcome to the Union of Soviet Socialist States of Amarxica, formerly known as the United States of America.
10 months ago
I make over 13,000 US dollars every month working part time. I paid attention to various people letting me know how a reasonable plan of money they might make on the web, so still up in the air to situate out. Indeed, it transformed into all real and it totally changed my life. Everyone should attempt this occupation presently simply by utilizing this site… http://www.Payathome7.com
Last edited 10 months ago by Leona Lewis
D
10 months ago
Cancelled, my*ss. It’s just transferred to the taxpayer.
D
9 months ago
Reply to
Pray Hard
Why they cancel those debts for degrees that are less useful than a roll of toilet paper, they’re importing more foreign workers to replace Americans. Don’t forget that the Democrat Party is the party of the 4 ‘S’ Doctrine: Slavery, Secession, Segregation and Socialism.
https://canadafreepress.com/article/the-real-democrats-who-are-they
D
10 months ago
the scotus already told the morons that they don’t have the authority to forgive any debt!!!!!
D
10 months ago
After SCOTUS rules on these unlawful EO loan forgiveness program, we get yet another unlawful loan forgiveness program.
Just to keep ’em all votin’ D. It’ll take years for this to get thru the courts, AGAIN.
10 months ago
The only way to resolve this problem, is for the citizens stop paying taxes, completely.
10 months ago
Another dimmercrap slap to the faces of those who paid their own way through school.
10 months ago
Biden has committed TREASON at least 6 times over ….. the penalty for TREASON IS DEATH.
The entire Biden Crime Syndicate MUST BE PUBLICLY HANGED.
10 months ago
I wonder who is going to officially notify SCOTUS of the disrespecting of the court so what the warrant will issue for him to “show cause” why he should not be held in contempt – possible fine of 39 billion.
10 months ago
If it is allowed to happen I guess it is TRULY the end of our Republic. The SUPREME court is exactly that, “supreme.” The top. But the traitors pelosi, biden, shiff, nadder, shumer etc who got so rich from this Republic… couldn’t care less for it or the rest of us. NO, WE CANNOT KEEP IT!
10 months ago
The cocaine addict, Joe Blow, is a textbook psychopath:
“Psychopaths are social predators who charm, manipulate, and ruthlessly plow their way through life, leaving a broad trail of broken hearts, shattered expectations, and empty wallets. Completely lacking in conscience and in feelings for others, they selfishly take what they want and do as they please, violating social norms and expectations without the slightest sense of guilt or regret.”
—Robert D. Hare, 1993, p. xi
Psychopathy, narcissism and Machiavellianism, three personality traits that are together referred to as the dark triad, share certain characteristics, such as a callous-manipulative interpersonal style.[54] The dark tetrad refers to these traits with the addition of sadism.[
Last edited 10 months ago by Eric Arthur Blair
