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Last Biden pardon of student loans could cost $600,000,000,000
College Fix ^ | December 6, 2024 | Andrew Gondy

Posted on 12/08/2024 5:50:32 AM PST by george76

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1 posted on 12/08/2024 5:50:32 AM PST by george76
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To: george76

None of these bailouts have materialized, have they? The court said no, and Congress isn’t dishing it out.


2 posted on 12/08/2024 5:52:42 AM PST by lurk (u)
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To: george76

Did not RTA.

However, “Get a Rope!”


3 posted on 12/08/2024 5:55:00 AM PST by sauropod ("You didn't take a country. You only won a football game!" - Dan Dakich Ne supra crepidam)
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To: lurk

What is there to dish out? I thought they were just canceling debt?

I also didn’t understand how they were using this “savings” to go on vacations, if they didn’t have money to pay back the loans.


4 posted on 12/08/2024 6:00:51 AM PST by gnickgnack2 (They’re pushing us because they want us to push back. Then comes martial law. They see it as a win-w)
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To: george76

But not a cent more for those in NC living in tents in the middle of the winter!


5 posted on 12/08/2024 6:01:52 AM PST by Bob434
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To: george76

These “bailouts” are passed on to the American taxpayer, at least 50% of whom did not attend college. The money just doesn’t disappear, despite what the Biden admin wants you to think.


6 posted on 12/08/2024 6:05:18 AM PST by Bon of Babble (You Say You Want a Revolution?)
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To: george76

The USSC needs to respond to this. “Pardons” should be limited to specific, prosecuted and convicted, criminals and crimes.

That’s a perfectly reasonable interpretation of the Constitution that likely comports to all that was originally imagined and intended.


7 posted on 12/08/2024 6:05:58 AM PST by 9YearLurker
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To: george76

report to DOGE


8 posted on 12/08/2024 6:09:31 AM PST by thinden (Buckle up …..)
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To: Bon of Babble

The student loan program is a wealth redistribution plan - taking money from the working middle class to leftist, rich, elite indoctrination centers.


9 posted on 12/08/2024 6:11:49 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

> hardship

College isnt working.


10 posted on 12/08/2024 6:13:44 AM PST by ArcadeQuarters (You can't remove RINOs by voting for them!)
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To: george76

I don’t consider this a high priority, but reforming the student loan industry would be good. No government loans. No bank loans. Pay cash, or borrow from the degree-granting college. Pay them back or don’t pay them back, it depends on the quality of the education they give you. We would have fewer colleges, fewer college graduates, and everyone would be better off.


11 posted on 12/08/2024 6:20:50 AM PST by ClearCase_guy
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To: george76

These students will buy Teslas and Range Rovers. Those loans will not be a problem. They will call them an investment.


12 posted on 12/08/2024 6:28:41 AM PST by Stevenfo
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To: george76

American taxpayers shouldn’t be paying for this. Let them get their pals the Hamass muzzie terrorists pay for their college attendance certificates. They owe it to them the way they have advanced Jew-hating, anti-Semitism in the United States. The muzzie terrorists couldn’t have done it alone without the help of the Jew hating college loan deadbeat brats.


13 posted on 12/08/2024 6:35:47 AM PST by FlingWingFlyer (America-hating Democrat "core values" really suck. All Marxist fascists have the same ones.)
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To: george76
"...Joe Biden’s Department of Education has proposed a student loan forgiveness plan to take effect after President-elect Donald Trump takes office in January..."

The introductory page of the Education section in the Evil Project 2025:

I would like to see the new Administration do this on day one. Going to be a busy "Day One" if my wishes came true!

14 posted on 12/08/2024 6:42:01 AM PST by rlmorel ("A people that elect corrupt politicians are not victims...but accomplices." George Orwell)
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To: george76

Folks,

Keep in mind our govt is a cash flow manager, not a profit manager. That money went out the door and was spent in their minds. The govt does not have a balance sheet in their minds.


15 posted on 12/08/2024 6:43:43 AM PST by PeterPrinciple (Thinking Caps are not longer being issued, but there must be a warehouse full of them somewhere)
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To: Bob434
But not a cent more for those in NC living in tents in the middle of the winter!

Message: If you vote Republican, either change how you vote, or die.

16 posted on 12/08/2024 6:43:50 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: george76
According to the new proposal, this act

Act? Act??? That implies that it is a law passed by Congress and signed by the President. This is just a change in interpretation and enforcement of a law by the Department of Miseducation. Once again Biden ignores the law. Trump makes a phone call to Ukraine or gives a speech to supporters on January 6, 2021 and gets impeached twice. Biden gives away more than half a trillion dollars of US government assets without Congressional authorization against previous Supreme Court rulings and doesn't even get a wrist slap.

17 posted on 12/08/2024 6:44:10 AM PST by KarlInOhio (Now unburdened by the Biden/Harris administration that has been.)
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To: george76

President Trump needs to find a spot in his administration/cabinet for Mike Rowe. Give him the platform to expound against any student loan forgiveness. I don’t know what agency that would be but they’re creating one for Musk and Ramaswamy, do the same for Rowe.

These are the occupations that are needed - not more over educated Ivy League idiots who will fall for “loan forgiveness”, take out more loans and vote for the dem party lunacy.

https://mikeroweworks.org/scholarship/


18 posted on 12/08/2024 6:44:11 AM PST by Thank You Rush
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To: KarlInOhio

“”comment to the proposed regulation.””

Act, proposal, regulation...off to a good start not being able to define what is in the works!!!


19 posted on 12/08/2024 6:47:44 AM PST by Thank You Rush
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To: lurk

Many senior members of the Dept. of Ed want to keep their share of the cash flow going into their pockets.


20 posted on 12/08/2024 6:49:19 AM PST by chopperk (airhi)
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