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Biden Cancels $72 Million in Loans for 2,300 Student Borrowers
Epoch Times ^ | 8/31/2023 | By Naveen Athrappully

Posted on 08/31/2023 11:03:42 AM PDT by Red Badger

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1 posted on 08/31/2023 11:03:42 AM PDT by Red Badger
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To: Red Badger

They didn’t vote democrat and kiss Biden’s feet ?


2 posted on 08/31/2023 11:06:47 AM PDT by butlerweave
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To: butlerweave

The headline is purposely misleading. He canceled their debt, in other words they are off the hook.


3 posted on 08/31/2023 11:09:29 AM PDT by gibsonguy
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To: Red Badger

SLAP IN THE FACE TO ALL AMERICANS WHO WANTED TO ATTEND COLLEGE, BUT COULDN’T AFFORD IT.

SLAP IN THE FACE TO ALL AMERICANS WHO APPLIED FOR & PAID OFF THEIR STUDENT LOANS.

SLAP IN THE FACE FOR ALL AMERICANS WHO SKIMPED AND SAVED TO AFFORD COLLEGE.

WE DEMAND JUSTICE.


4 posted on 08/31/2023 11:10:47 AM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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To: Red Badger

Why is the federal government doing anything with this? Sorry you didn’t do any diligence, but the taxpayers don’t need to help you


5 posted on 08/31/2023 11:11:38 AM PDT by cyclotic (The real problem with racism in America today is that demand far outstrips supply)
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To: Red Badger

How are universities with multi-billion dollar endowments not “for profit?”


6 posted on 08/31/2023 11:12:01 AM PDT by Trailerpark Badass (“There should be a whole lot more going on than throwing bleach,” said one woman)
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To: gibsonguy

so they did vote democrat and kiss Biden’s feet


7 posted on 08/31/2023 11:12:18 AM PDT by butlerweave
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To: gibsonguy

“The headline is purposely misleading. He canceled their debt, in other words they are off the hook.”

The headline is 100% correct and your post is incorrect. He

He cancelled their loans.


8 posted on 08/31/2023 11:13:28 AM PDT by TexasGator
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To: Red Badger

SOOOOOOOOOOOo-—IF this online school was ‘defrauding’ students-—does that mean that NONE of their CERTIFICATES are valid for any employment in those fields???

Cannot have it both ways-—IF their “Certificates” are valid-—then their classes need to cost them $$$..

AS FOR “ONLINE” students who take so long to ‘complete the courses’-——That is often the case with ONLINE classes. It takes serious motivation to keep working at the class material.

NO ONE is taking attendance records.

NO ONE is monitoring how much EFFORT the student is applying.

CANNOT BLAME THAT ON THE SCHOOL.

Same kind of control applies to speed signs-—

NO ONE drives 35 on my street-—

Cannot blame that on the speed sign or the county.


9 posted on 08/31/2023 11:23:47 AM PDT by ridesthemiles
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To: Red Badger
As long as the federal government controls student loans college education will continue decline. There is nothing in the Constitution that gives the federal government to do anything with education, including giving loans to everyone that applies.

College loans should only be provided by private sector banks and individuals that are stupid enough to do so. Imagine a tranny freak with purple hair, face piercings, in androgynous clothing going into a bank for a student loan at a bank.

Banker: So, you need a student loan. What is your major?

Student: Black Lesbian Studies and a minor in History of Patriarchal Repression.

Banker: You have to get your parents to put up their house for collateral.

10 posted on 08/31/2023 11:24:04 AM PDT by ConservativeInPA (The Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself. )
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To: cyclotic
First Issue: "...The Biden administration has approved a $72 million dollar student loan forgiveness initiative aimed at providing relief for students who were defrauded by an online school..."

I don't believe in this concept of "online schools". At all. I simply don't believe that most humans are set up to learn in that fashion. I am definitely "old school" on this. Some people CAN learn effectively this way, but I believe most cannot. But that is only MY opinion.

Second Issue: "...Only 25 percent of students were found to have graduated from Ashford within 8 years of enrolment [sic]..."

Is it me? Is this a completely horrific and abysmal track record, or is this standard? Perhaps is it standard for the people they are "accepting" (probably any warm body) and those "warm bodies" are getting passed through for student loans because they are in the "correct" racial, sexual, or economic buckets?

This stinks to high heaven.

11 posted on 08/31/2023 11:25:57 AM PDT by rlmorel ("If you think tough men are dangerous, just wait until you see what weak men are capable of." JBP)
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To: ConservativeInPA

So is this ‘Ashford’ school one of those black schools — where money is laundered to BLM, etc ?


12 posted on 08/31/2023 11:26:56 AM PDT by George from New England
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To: Red Badger

Hold your horses. This makes sense.

This university made misleading claims to entice students to enroll and pay tuition. The claims were found to be fraudlent, and so the US is stepping in. I would expect the school to be held accountable as well.


13 posted on 08/31/2023 11:28:15 AM PDT by Fido969 (45 is Superman! )
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What was the point of the SC’s ruling?


14 posted on 08/31/2023 11:36:14 AM PDT by TakebackGOP
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To: Red Badger

The rest of my student loans have been forgiven!! Whoo-hoo!


15 posted on 08/31/2023 11:41:07 AM PDT by Extremely Extreme Extremist
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To: ConservativeInPA

Exactly. Also, they said the “university” (scare quotes are mine) misrepresented how much people would pay. I assume they told them they would have to take out larger loans than were needed.

In all cases, I do not care. PERIOD. The government should not be involved in this. I have been onboard with abolishing the Department of Education for years.


16 posted on 08/31/2023 11:45:34 AM PDT by rlmorel ("If you think tough men are dangerous, just wait until you see what weak men are capable of." JBP)
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To: George from New England
No idea.

There are so many crap schools these days it’s hard to keep track. I remember when my one daughter started looking at schools when she was about 16. She’d come to me with some no name school that she saw on social media and ask me what I thought. It was a difficult time. She would get all wound up on a school and then I’d have to burst her bubble. She eventually straightened herself out. The lesson to be learned out of this is teenage girls are highly influenced on social media. It requires lots of deprogramming.

17 posted on 08/31/2023 11:48:09 AM PDT by ConservativeInPA (The Delay Trump’s trial, delay. Elect Trump President. Trump pardons himself. )
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To: gibsonguy

So who is picking up the tab for the debt?


18 posted on 08/31/2023 11:48:33 AM PDT by vivenne
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To: Red Badger

Inflation has driven the cost for buying a vote up to $31,304.

Back when bubba was running, a good preacher or nursing home operator never had to pay over 10 bucks for a vote


19 posted on 08/31/2023 11:52:17 AM PDT by thinden (buckle up ....)
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To: Extremely Extreme Extremist

For the record, I’ve been making my payments diligently for 20 years. Even through Obama and COVID. Never asked or whined about it, but if the gubmint wants to forgive the rest of it, who am I to argue?


20 posted on 08/31/2023 11:52:45 AM PDT by Extremely Extreme Extremist
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