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Biden asks his Education Secretary if he can legally cancel up to $50,000 in student debt for every American
The Daily Mail ^
| 1 April 2021
| NIKKI SCHWAB
Posted on 04/01/2021 5:09:55 PM PDT by MinorityRepublican
President Joe Biden's Secretary of Education is looking into whether the president can cancel up to $50,000 in student loan debt for millions of borrowers.
White House Chief of Staff Ron Klain said at a Politico Playbook event Thursday that Biden has asked Education Secretary Miguel Cardona to figure out if the president has the legal authority to wipe out their balances.
On the campaign trail he said he wanted to wipe away $10,000 per borrower, but prominent Democrats, including Senate Majority Leader Chuck Schumer, Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez have pressed him to pursue $50,000 in debt relief per student.
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: News/Current Events
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To: MinorityRepublican
2
posted on
04/01/2021 5:11:42 PM PDT
by
jimfree
(My 20 y/o granddaughter continues to have more quality exec experience than Joe Biden.)
To: MinorityRepublican
3
posted on
04/01/2021 5:12:11 PM PDT
by
rdl6989
( )
To: MinorityRepublican
Just do it, Joe. Who’s going to say you can’t?
4
posted on
04/01/2021 5:12:44 PM PDT
by
bigbob
To: MinorityRepublican
5
posted on
04/01/2021 5:13:01 PM PDT
by
rxh4n1
To: MinorityRepublican
I’ll take mine retroactively for the past ~33 years with, say, 8%/year interest.
6
posted on
04/01/2021 5:13:35 PM PDT
by
utax
To: MinorityRepublican
EVERY American? Does that include the millions who already paid?!
7
posted on
04/01/2021 5:13:57 PM PDT
by
pgyanke
(Republicans get in trouble when not living up to their principles. Democrats... when they do.)
To: MinorityRepublican
Image if you paid off all your debt last year. Do you get a do-over?
8
posted on
04/01/2021 5:14:29 PM PDT
by
CaptainK
("If life's really hard, at least its short")
To: rdl6989
The colleges and universities have already banked the money so there’s no reason to pay it back.<\s>
9
posted on
04/01/2021 5:15:01 PM PDT
by
John 3_19-21
(There's two ways to enslave a people; work them without pay or pay them without work.)
To: MinorityRepublican
This is insane. Our nation cannot afford all of this deficit spending not to mention the moral, legal, and ethical concerns.
What are we doing to our children and grandchildren?
10
posted on
04/01/2021 5:15:14 PM PDT
by
volunbeer
(Find the truth and accept it - anything else is delusional)
To: jimfree
To: MinorityRepublican
How is that fair?? Not everyone went to college or has student debt. $50K for everyone!
/s
12
posted on
04/01/2021 5:16:54 PM PDT
by
Menehune56
("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
To: MinorityRepublican
I think to qualify you needed to be a registered Democrat om November 8, 2020.
To: MinorityRepublican
14
posted on
04/01/2021 5:18:50 PM PDT
by
Sooth2222
(“Taxation without representation is tyranny.” -James Otis (1761))
To: MinorityRepublican
I think this will tick a lot more people off than they imagine it will.
15
posted on
04/01/2021 5:18:51 PM PDT
by
rbg81
(Truth is stranger than fiction)
To: volunbeer
What are we doing to our children and grandchildren?
Well, Joe will sniff them, and Hunter will visit them.
16
posted on
04/01/2021 5:19:23 PM PDT
by
Army Air Corps
(Four Fried Chickens and a Coke)
To: MinorityRepublican
All contracts are up for grabs. Loans, rental agreements, mortgages.
17
posted on
04/01/2021 5:19:44 PM PDT
by
gundog
(It was a bright cold day in April, and the clocks were striking thirteen. )
To: MinorityRepublican
Who’s the debt holder?
Do they get a vote?
Hey...anyone else want to invest in programs backed by the full faith and credit of Joe Biden?
18
posted on
04/01/2021 5:20:15 PM PDT
by
silverleaf
(In a time of universal deceit, telling the truth is a revolutionary act)
To: Menehune56
I graduated from a tier 1 university with 2 degrees. Worked my way through. No loans or debt upon graduation. Now I will have to pay for the current students loans?
What a country.
To: rdl6989
Who pay for this?Not the US gov't. They still haven't paid off the Civil War debt (the 1861-65 one).
They will just continue to print money.
20
posted on
04/01/2021 5:22:06 PM PDT
by
Sooth2222
(“Taxation without representation is tyranny.” -James Otis (1761))
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