$10K in student loans forgiven by Biden; Fine but its NOT ENOUGH

$10K or even $20K out of a debt of $60K or more is not going to do anything like that
biden-malarkey-S.jpg


Biden’s student debt forgiveness plan may cost taxpayers an average of $2,000, some policy experts say

PUBLISHED WED, AUG 24 20223:33 PM EDTUPDATED WED, AUG 24 20224:55 PM EDT
thumbnail

Lorie Konish@LORIEKONISH

  • President Joe Biden on Wednesday announced a sweeping student loan forgiveness plan of up to $10,000 per borrower, or up to $20,000 for those with Pell Grants.
  • But some policy experts say the plan has significant drawbacks, including higher costs to all taxpayers without solving the U.S. higher education system’s underlying issues.
 
It won’t accomplish a LOT. But it’ll MEAN a lot to a lot of people

I don't recall any of our founders arguing that the job of the federal government is to do things that mean a lot to a lot of people.

This is pure wealth distribution and vote buying. He's attempting to take money away from people with no college degree to give it to people with one.
 
Yep, it won't accomplish much. But it will fan the flames of inflation and it will MEAN a lot to the people that paid for their own college education and those that worked their way up the ranks.

The administration won't answer how this is going to be paid for. They know the Republicans will fight it given the fact the scam was never passed as a bill by the House and is totally unconstitutional. When we get closer to November they will be pointing at Republicans for trying to stop this wealth transfer.
 
The administration won't answer how this is going to be paid for. They know the Republicans will fight it given the fact the scam was never passed as a bill by the House and is totally unconstitutional. When we get closer to November they will be pointing at Republicans for trying to stop this wealth transfer.
They also don't seem to know how much it will cost.
 
Biden's student loan vote buying scheme will cost each family of four $6,000. Pay your fair share, write a check to government today.
 
Biden's student loan vote buying scheme will cost each family of four $6,000. Pay your fair share, write a check to government today.
If only that were true. That's the way it ought to work. If it worked that way, buying votes would be much harder.

But no one will be presented with a bill. They'll throw it on the debt heap and make our grandkids pay for it.
 
Still waiting for you to tell us why you believe the federal government should force other people to pay for your student loans.
How do you justify MGT getting one hundred and eighty thousand in PPE loans forgiven??

Or Gaetz...
 

Forum List

Back
Top