Biden Could Shake Up Higher Ed—If He Doesn’t Endorse the Status Quo

Now that President Biden has been sworn in as the 46th president, he wants to hit the ground running and attend to urgent priorities. One of his first moves was to extend student loan payment deferrals until October, buying time for further reforms to America’s higher education system.

Deferrals will be one small part of a larger strategy to shift higher education costs away from borrowers and toward taxpayers, regardless of cost and consequences. Rather than creating a bank-breaking new strategy to subsidize (predominately) well-off graduates, President Biden should offer low-income students better alternatives to the broken status quo.

President Biden has been clear that suspending loan payments and interest is just the beginning of a large-scale shift in how higher education is financed. On the campaign trail, Biden took a page out of Sen. Bernie Sanders’ playbook and proposed $10,000 in student debt forgiveness for all borrowers. That sounds nice until you consider that the poorest 25 percent of households (families earning less than $27,000) hold less than 15 percent of all higher education debt. Six-figure households in the top 25 percent hold the most of all student debt (34 percent), followed by the next-highest quartile at 29 percent.

In other words, the majority of gains from any student loan forgiveness program would accrue to richer Americans in a better position than their peers to pay off their IOUs.

Biden also wants to make loan programs more generous for current and future students. These policies would create even more unintended consequences. Colleges tend to respond opportunistically to more federal subsidies by raising tuition prices, capturing gains that would otherwise go to students.

"One of his first moves was to extend student loan payment deferrals until October, buying time for further reforms to America’s higher education system."

With the exception of military training, patriots are reminded that the states have never expressly constitutionally delegated to the feds the specific power to dictate, regulate, tax and spend for INTRAstate schooling purposes which Democrats and RINOs provide "federal" funding for to help rationalize their fraudulent vote-counting imo.

In fact, President Thomas Jefferson had clarified, in a State of the Union address, that the states would first need to appropriately amend the Constitution to give Congress the power to dictate, regulate, tax and spend for INTRAstate schooling purposes, something that the states have never done.

"On a few articles of more general and necessary use, the suppression in due season will doubtless be right, but the great mass of the articles on which impost is paid is foreign luxuries, purchased by those only who are rich enough to afford themselves the use of them. Their patriotism would certainly prefer its continuance and application to the great purposes of the public education, roads, rivers, canals, and such other objects of public improvement as it may be thought proper to add to the constitutional enumeration of federal powers [emphases added].”—Thomas Jefferson : Sixth Annual Message to Congress
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” Justice John Marshall, Gibbons v. Ogden, 1824.
”From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added].” —United States v. Butler, 1936.

Justice Joseph Story later reflected on Jefferson’s words when he likewise pointed out that the states have never expressly constitutionally given the feds the specific power to deal with intrastate schooling.

"The power to regulate manufactures, not having been confided to congress, they have no more right to act upon it, than they have to interfere with the systems of education, the poor laws, or the road laws, of the states [emphases added]. Congress is empowered to lay taxes for revenue, it is true; but there is no power to encourage, protect, or meddle with manufactures." —Joseph Story, Article 1, Section 8, Clause 1, Commentaries on the Constitution 2

Consider that much federal domestic policy is based on stolen state power and uniquely associated state revenues, state revenues stolen by means of unconstitutional taxes, taxes that the corrupt, post-17th Amendment Congress cannot justify under its constitutional Article I, Section 8-limited powers.

WHYY-PBS reported U of Pennsylvania made a $100 million contribution to the Phila School District.
Is the U of Penn's donation Chinese money? Are they getting rid of evidence?
Philly’s other big universities stay silent (Shakedown City?)
WHYY.com / / FR Posted on 12/6/2020 by Kid Shelleen

Two weeks after the University of Pennsylvania made a $100 million contribution to the School District of Philadelphia, it’s unlikely the cash infusion will inspire copycat donations from major higher education peers in the city.

When the Ivy League school made its announcement, City Council member Helen Gym and others voiced hope that other universities with large landholdings, like Temple or Drexel, might also pony up. “I certainly hope that some of our strongest civic institutions can see beyond their individual acts of charity and generosity,” she wrote in a statement. “When universities and our major nonprofits, who have long been invested in education and public health, unite on a mission to invest in our schools, we send a clear message to Harrisburg and to Washington, D.C. that we are invested in our future.” (Excerpt) Read more at whyy.org ...

Biden Center Under Investigation for Illegal Donations From China
DB Daily Update | David Blackmon / FR Posted on 5/25/2020, 9:19:56 AM by EyesOfTX

If the label says “Biden,” it was definitely influenced by China. – John Solomon at JustTheNews.com is reporting that The National Legal and Policy Center has asked the U.S. Department of Education to investigate its findings that the University of Pennsylvania (Penn) has over the past several years accepted more than $22 million in anonymous China-originated donations to its Biden Center and failed to properly disclose the contributions.

From Solomon’s report: The complaint, filed by the National Legal and Policy Center, says that over the past three years, the university has accepted around $22 million in anonymous funding from Chinese sources. That’s out of a total of more than $70 million from Chinese donors during that time, the NLPC said. Those significant funds, including the anonymous amounts, rolled in after the Biden Center was announced in early 2017 and launched in February 2018. The center is located in downtown Washington, D.C. Federal records show that the University of Pennsylvania has received significant donations from China since the opening of the center.

One 2018 donation alone totals $14.5 million; it is listed as “anonymous” in federal records. The NLPC alleges the university may have violated federal law in accepting those anonymous monetary donations. The Higher Education Act mandates schools report the national origins of any donations above $250,000 although not necessarily the individual names of donors themselves. [End]

This serves as just one more reminder that Biden, his son and his brother have long been in the pockets of Chinese interests. The stark reality facing our country today is that, should Biden manage to win the election in November, all of the gains President Donald Trump has made through the sheer force of his will in terms of U.S./China relations and trade policy will be immediately reversed the day after Biden assumes office.

If you like the fact that virtually all U.S. antibiotics and PPE are sourced through China at some point along their supply chains and want it to stay that way, vote for Biden. Because that would be a fait accompli should he win. There are trillions of dollars at stake, and Creepy Uncle Quid Pro China Joe wants to ensure his family continues to get its fair share.

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