Posted on 03/21/2024 4:21:12 AM PDT by Oldeconomybuyer
President Joe Biden is doling out another $6 billion in student debt forgiveness.
His administration announced Thursday another 77,700 borrowers will have their remaining student debt balances forgiven under the Public Service Loan Forgiveness program.
Borrowers who have been making loan payments and working in public service for at least 10 years will begin receiving emails next week congratulating them on having their debt forgiven and thanking them for their service.
They aren’t the only borrowers who will be hearing from the president soon though.
Starting next week, 380,000 public service workers who are two years or fewer away from earning forgiveness will receive an email from President Biden thanking them for their contributions and encouraging them to keep going.
“Public service workers — from teachers to nurses, firefighters, and more — are the lifeblood of democracy and our communities,” the emails read. “If you continue your career in public service, you’re on track to get your eligible student loans forgiven in less than two years through Public Service Loan Forgiveness.”
(Excerpt) Read more at cnbc.com ...
Buying votes by any other name
How is he able to do this when he doesn’t have the power to do it?
Yep. Remember in the olden days when that use to be a felony?
I thought they had already decided this was unconstitutional, illegal, or something like that? Isn’t it enough even knowing we can’t afford it?
I assume he is getting away with it as usual because the RINOpublican party refuses to do anything about it.
not to mention massive amounts of indoctrination PAID FOR by the American taxpayer. yes my friends...we can have our kids indoctrinated and pay for it too! what a country.
Money from Joe Biden, is an “ill-gotten gain,” offered in exchange for probable political support.
HIGHER EDUCATION RELIEF OPPORTUNITIES FOR STUDENTS ACT OF 2003
(1) There is no more important cause than that of our nation’s defense.
(2) The United States will protect the freedom and secure
the safety of its citizens.
(3) The United States military is the finest in the world
and its personnel are determined to lead the world in pursuit of peace.
(4) Hundreds of thousands of Army, Air Force, Marine Corps, Navy, and Coast Guard reservists and members of the National Guard have been called to active duty or active service.
(5) The men and women of the United States military put their lives on hold, leave their families, jobs, and postsecondary education in order to serve their country and do so with distinction.
(6) There is no more important cause for this Congress than to support the members of the United States military and provide assistance with their transition into and out of active duty and active service.
(1) In general.—Notwithstanding any other provision of law, unless enacted with specific reference to this section, the Secretary of Education (referred to in this Act as the ``Secretary’’) may waive or modify any statutory or regulatory provision applicable to the student financial assistance programs under title IV of the Act as the Secretary deems necessary in connection with a war or other military operation or national emergency to provide the waivers or modifications authorized by paragraph (2).
(2) Actions authorized.—The Secretary is authorized to waive or modify any provision described in paragraph (1) as may be necessary to ensure that—
(A) recipients of student financial assistance under title IV of the Act who are affected individuals are not placed in a worse position financially in relation to that financial assistance because of their status as affected individuals;
(B) administrative requirements placed on affected individuals who are recipients of student financial assistance are minimized....
(3) Case-by-case basis.—The Secretary is not required to exercise the waiver or modification authority under this section on a case-by-case basis.
https://www.congress.gov/bill/108th-congress/house-bill/1412/text
[Note: That was gleened by a brief look.]
Buying votes with our money. Now that hurts.
Re: 3 - The Supreme Court ruled regarding student loan forgiveness using the HEROS legislation. These latest forgiveness decision do not involve HEROS.
Biden and democrats truly are fascists…ignoring law, dictating businesses how to do business, forcing vaccines, , banning stoves, forcing car companies into making EVs, giving out money for votes, etc.
Joe and the Secretary of Education should be ordered by a court to repay the amounts personally.
Maduro is smiling.
“How is he able to do this when he doesn’t have the power to do it?”
Our government is now out of our control. The legislatures, governors, Congress, courts, executive, are all corrupt.
Might has become right.
Where are OUR representatives?
Biden will make almost everybody a millionaire, but a Happy Meal will cost $500.
Another 78,000 votes bought and paid for by the American taxpayer.
Wow! Does Starbucks really have 77,000 barristers?
Why was Trump not allowed to do things he had the power to do? The swamp can allow or prevent anything it desires regardless of authority.
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