https://www.foxbusiness.com/economy/student-loan-deal-could-cost-900b-favor-wealthy-americans-analysis-shows
The "kids" running the WH won out and this is now a reality.
I made a post on my Facebook page about my outrage. Based on the feedback and what I am seeing on the internet. this is another major f--k up by the Biden administration. In any debates this fall every GOP candidate should ask the dem if they support this theft of taxpayer money.
Damn, these people are stupid.
Student Loan Forgiveness = Failed University Bailouts!
They should never receive a dime for what they created!
I heard on the radio that it comes out to about $2,000 per taxpayer.... :cursing: :cursing:
We'll see if the republicans will challenge this in court. This is not constitutional, the president does not have the right to cancel loans, he did not sign any of the paper work.
There was a whispered word in there that everyone on the left is pretending
wasn't said......"proposal". Mr. Biden doesn't have the 300 billion,
the debt relief and the appropriation has to go through Congress. They don't even
have the appropriated funds to sit down and figure out who is eligible.
Quote from: harry12 on August 25, 2022, 11:54:54 AMThere was a whispered word in there that everyone on the left is pretending
wasn't said......"proposal". Mr. Biden doesn't have the 300 billion,
the debt relief and the appropriation has to go through Congress. They don't even
have the appropriated funds to sit down and figure out who is eligible.
Which screams "Distraction"!
Sooo what's really going on we're not hearing about? :sneaky:
Quote from: Solar on August 25, 2022, 12:07:10 PMWhich screams "Distraction"!
Sooo what's really going on we're not hearing about? :sneaky:
Pretty much everything else the left is doing. Not much for them to brag about.
Quote from: supsalemgr on August 24, 2022, 12:21:05 PMDamn, these people are stupid.
Biden is lying about loan forgiveness. Only a few will qualify for the "up to" $10,000." I recently did a thread about government education loans being granted to elementary school kids without a co-signer, those loans are not part of the forgiveness plan. It is amazing how many conservative believe Biden in his lies about student loan forgiveness.
Quotethe announced plan has all the hallmarks of a trick
(99%) of borrowers who try for the various Income Driven Repayment (IDR) programs are being disqualified .
fake loan cancellation, re-arrange a few deckchairs by rolling out yet another doomed-to-fail IDR plan
https://studentloanjustice.medium.com/bidens-loan-cancellation-plan-is-vague-ambiguous-tricky-94c20e8c7d95 (https://studentloanjustice.medium.com/bidens-loan-cancellation-plan-is-vague-ambiguous-tricky-94c20e8c7d95)
Quote from: unver on August 25, 2022, 02:18:58 PMBiden is lying about loan forgiveness. Only a few will qualify for the "up to" $10,000." I recently did a thread about government education loans being granted to elementary school kids without a co-signer, those loans are not part of the forgiveness plan. It is amazing how many conservative believe Biden in his lies about student loan forgiveness.
It's also unconstitutional. Only Congress can allocate funds. Unless the GOP sell us out again.
Otherwise it will go before SCOTUS, which will shut it down.
I tell ya folks, this is nothing more than a distraction!
Quote from: Solar on August 25, 2022, 02:23:30 PMIt's also unconstitutional. Only Congress can allocate funds. Unless the GOP sell us out again.
Otherwise it will go before SCOTUS, which will shut it down.
I tell ya folks, this is nothing more than a distraction!
What the heck is 10K gonna do, as a note: My youngest sister attended William & Mary 30 years ago,
My Dad had a payment system setup with the Knights of Columbus, over the 4 year period he paid
roughly 45K in monthly allotments. Mind you that was 30 years ago....
Quote from: harry12 on August 26, 2022, 06:31:19 AMWhat the heck is 10K gonna do, as a note: My youngest sister attended William & Mary 30 years ago,
My Dad had a payment system setup with the Knights of Columbus, over the 4 year period he paid
roughly 45K in monthly allotments. Mind you that was 30 years ago....
Exactly! That's why this is just distraction. The left is doing everything in the antithesis to everything hardworking Americans hold dear.
Fair play and a level playing field for competition, the left is doing this to make a point, that they can get away with destroying the American way, by either destroying the Dream with flooding the country with illegals, or as in this case, play political favorites.
This was never about the left helping anyone, it's always been about control over the American culture.
I started with Affirmative Action, it's been downhill ever since. Note how the GOP never lifted a finger to stop any of this.