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Student loan forgiveness should backfire on Biden
The hill ^ | 08/28/2022 | ERIC MAUS

Posted on 08/28/2022 5:36:41 PM PDT by ChicagoConservative27

President Biden has announced that the federal government will forgive $10,000 in student loan debt for Americans making less than $125,000 annually as well as extend the student loan repayment moratorium. This plan is estimated to cost taxpayers $330 billion and should be seen as the most unfair, outrageous, and disgraceful decision in many years. The president is telling Americans that they do not have to bear any responsibility for their voluntary obligations in borrowing money or going into debt. His proposal is also regressive and inflationary, and possibly unconstitutional.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 2022election; 2024election; backfire; biden; bloggers; election2022; election2024; ericmaus; studentloan; thehill; theshill
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Yeah right. Too many moochers in this country.
1 posted on 08/28/2022 5:36:41 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

He don’t even have the Constitutional Power to do this.


2 posted on 08/28/2022 5:39:17 PM PDT by Trueblackman (I'm positive that Slow Joe mistakes paint thinner for coffee each morning. )
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To: ChicagoConservative27
The specifics were developed after extensive polling.

Basically what amount of $$ will deliver the most net votes to Democrats.

We'll see in Nov if it worked.

If so, expect more in two years.

3 posted on 08/28/2022 5:40:07 PM PDT by nascarnation (Let's Go Brandon!)
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To: ChicagoConservative27

The DemocRATS.
Steal a vote.
Buy a vote.
Import alien votes.
Everything except earn a vote.

We all know what the final solution has to be.


4 posted on 08/28/2022 5:40:25 PM PDT by Da Coyote
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To: ChicagoConservative27

He believes the sounds from his own echo chamber of stupid.


5 posted on 08/28/2022 5:40:28 PM PDT by blackdog (Cooler King Joe, killing a winning nation every day. )
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To: ChicagoConservative27

I haven’t heard of anyone trying to stop this lunacy.

Everyone who did not take out a Government student loan is going to pay for this. Ridiculous!!!


6 posted on 08/28/2022 5:41:08 PM PDT by Keen-Minded
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To: Trueblackman
If he can do this, why not my IRS tax debt? Why can't we all be rich? It'd be a Utopian dream. We're all millionaires.

/s

7 posted on 08/28/2022 5:41:17 PM PDT by BipolarBob (Vote NOW!! to repeal the Second Law of Thermodynamics like your life depends on it.)
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To: Da Coyote
We all know what the final solution has to be.

Don't willingly get on the train and those "showers" ain't what they seem to be.

8 posted on 08/28/2022 5:42:33 PM PDT by BipolarBob (Vote NOW!! to repeal the Second Law of Thermodynamics like your life depends on it.)
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To: ChicagoConservative27

Take it out of those commie professors ass.


9 posted on 08/28/2022 5:45:28 PM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: ChicagoConservative27

Who is this and what did they do with The Hill?

Oh wait, it’s token conservative Sunday.


10 posted on 08/28/2022 5:47:57 PM PDT by Pollard (Worm Free PureBlood)
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To: BipolarBob

My mortgage identifies as a student loan...

it’s pronouns are “it and they”

It’s actually a dark shade of beige. It has Spanish tiles. It is within 4 miles of a racist highway. It can only bathe when it rains. It lives outside along a roadway. It lived under a tarp when a tree fell on it.

I should qualify, right??


11 posted on 08/28/2022 5:52:01 PM PDT by bitt ( <img src=' 'width=50%> )
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To: ChicagoConservative27

https://www.youtube.com/watch?v=GEA72wFG6o4&ab_channel=AmericanActionNetwork


12 posted on 08/28/2022 5:53:13 PM PDT by BookmanTheJanitor
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To: Trueblackman

Moochers don’t vote for what was GIVEN. The vote for what be cometh. This stunt was only marginally positive. At best.


13 posted on 08/28/2022 5:53:49 PM PDT by Noamie
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To: Pollard

“Who is this and what did they do with The Hill?”
Every once a while they have a token conservative opinion piece.
Have to try to at least looked balanced every few months or so.
They dropped their comments section because the conservatives started to make sense to them.


14 posted on 08/28/2022 6:02:54 PM PDT by rellic
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To: ChicagoConservative27

Some are finding out they might have to pay taxes on it ,LOL


15 posted on 08/28/2022 6:04:46 PM PDT by butlerweave
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To: ChicagoConservative27

I did hear some bitching about how it wasn’t enough and she still had thousands of loans to pay...


16 posted on 08/28/2022 6:09:56 PM PDT by bigbob (z)
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To: butlerweave

The taxman cometh...... remembering the Won’s brilliant plan,
“CASH FOR CLUNKERS”. Taxpayer’s monies was poured into that
scam as well. Running out of dollars? Hells Bells, they
just print more!


17 posted on 08/28/2022 6:14:14 PM PDT by V K Lee (Our CONSTITUTION. Written with DIVINE assistance by very wise men. A document unlike any other.)
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To: bitt

I learned a lot from my mortgage.

Even 30 years later I wake up from nightmares shaking.


18 posted on 08/28/2022 6:25:12 PM PDT by Brian Griffin
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To: ChicagoConservative27

The student load program is one of the biggest screw-ups of all time. Now they are making it worse.


19 posted on 08/28/2022 6:25:36 PM PDT by Dennis M.
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To: nascarnation

We saw it work in November 2020.

Illegal promises of $10000 payoffs helped put Joe into the White House.

I asked on this website repeatedly that Joe be arrested for voter bribery before he took office.


20 posted on 08/28/2022 6:28:52 PM PDT by Brian Griffin
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