Posted on 08/16/2022 1:16:38 PM PDT by knighthawk
The White House announced Tuesday an additional $3.9 billion in student loan forgiveness, this time for borrowers who attended defunct ITT Technical Institute.
The latest round brings Joe Biden's student loan forgiveness total to $32 billion since taking office – but progressive are still pushing for the president to cancel all existing federal student loans.
Borrowers are also still waiting to hear if federal loan pause will be extended for a fifth time as the latest deadline approaches.
(Excerpt) Read more at dailymail.co.uk ...
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Criminal government is criminal.
Actually it was ITT that was criminal.
This is only going to drive the cost of education up as the educrats realize they can charge what they want and the taxpayer will pick up the tab.
This BS has got to be illegal! It’s indefensible!
Then ITT, and not the taxpayers, should pay the price..
The Taxpayer paying for other people’s kids again
When can I submit my paperwork to get my money back?
Been happening. For years
But the middle class won’t pay for this. Riiiiiight!
I have a daughter who is about to start her sophomore year at a Big 10 school. I’ve saved money and broke my butt to pay for her college.
If Biden continues to forgive student loan debt my plan is to take out a parent student loan for her senior year in an equal amount to what biden is forgiving and not pay it back.
Buying votes.
Why stop at student debt. Next in line should be the cancellation of all big rig payments for those who earn an honest living by driving a truck, and find these payments to be a burden. Thanks mostly to the price of fuel.
Why don’t these corruptocrats just go all the way and cancel all debts for all registered democrats?
It’s only fiat, Not even real money anymore, and 87,000 new armed IRS agents can shake down every registered Republican for the cash in their pockets, after they take that deposited in banks.
Dont do it. Not worth it beholding to the govt. Stay above all this free stuff crap.
How can a POTUS do this?
Is it in a law somewhere?
Or is it part of the ‘pardon’ clause in the Constitution?.................
As that old saying goes: “In a Nation of Children, everyone votes for Santa Claus.”
Only reason its being done is for welfare for women.
The only reason.
Congress recklessly spends to buy votes and increases an unsustainable debt which they expect taxpayers to repay. Students have learned to recklessly borrow to get a degree which will not return sufficient income to repay the debt and expect the taxpayers to pay it off.
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