Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

President Biden forgives student debt for another 78,000 borrowers—nearly 400,000 more could receive it within 2 years
CNBC ^ | March 21, 2024 | By Kamaron McNair

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 ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: tyranny
Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 next last
To: GrandJediMasterYoda

Exactly - why arent our representatives stopping this crap.


21 posted on 03/21/2024 5:03:09 AM PDT by MrRelevant
[ Post Reply | Private Reply | To 3 | View Replies]

To: ProudDeplorable

This also will anger alot of folks…. As the other power grabs did. People on both sides have an issue with this if they are not getting a piece of it.


22 posted on 03/21/2024 5:06:27 AM PDT by MrRelevant
[ Post Reply | Private Reply | To 18 | View Replies]

To: Oldeconomybuyer
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.

Some pigs are more equal than others......................

23 posted on 03/21/2024 5:08:11 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: albie

Probably so. The need all the LAWYERS they can get................


24 posted on 03/21/2024 5:09:06 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Oldeconomybuyer

The ignorant and demented bass turd “forgave” his snowflake deadbeats’ bills with my money. Sumbiatch.


25 posted on 03/21/2024 5:13:16 AM PDT by FlingWingFlyer (Could a "caravan" of freeloading U.S. citizens be able to make it into Mexico before they are shot?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: HighSierra5

They’re doing a lot of things with our money.

Every time I go into Walmart nowadays there’s non English speaking people all over the store (more than likely illegals) but their shopping carts are full......I’m sure they’re being subsidized by our money.......and always wearing brand new cloths and sporting new high end name brand sneakers.


26 posted on 03/21/2024 5:36:13 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave!)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Oldeconomybuyer

Free beer! Tomorrow


27 posted on 03/21/2024 5:39:07 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CodeToad

We are no longer a constitutional republic, but entering a dictatorship where Congress and the SCOTUS will no longer exist.


28 posted on 03/21/2024 5:48:13 AM PDT by DownInFlames (p)
[ Post Reply | Private Reply | To 15 | View Replies]

To: mikelets456

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.

We’ll see the Brownshirts this summer and fall.


29 posted on 03/21/2024 6:03:55 AM PDT by telescope115 (I NEED MY SPACE!!! 🔭)
[ Post Reply | Private Reply | To 12 | View Replies]

To: GrandJediMasterYoda

Just like he ignored two Supreme Court mandates ... he does it and the weak knee Republicans say nothing.


30 posted on 03/21/2024 6:04:22 AM PDT by antidemoncrat
[ Post Reply | Private Reply | To 3 | View Replies]

To: Oldeconomybuyer

I don’t like the give-aways either. But both sides are overplaying this IMO.
There is this thing in the law and it has been there for a long time - student loan forgiveness in exchange for working in a qualifying public service job for 10 years.
AND - loan payments have to be made each month over that 10 years.
I KNOW - the loan payments requirement was suspended during a lot of Covid.
To say that Biden gets the blame and the credit is both obvious and misleading.
This law goes back many years. You people who will rant and rave about this should move along to voicing objections to some other misdeeds.
We keep getting screwed because the screwing is now built into the entire system. (Oh, would that we could be un-screw-table. IYKWIM)


31 posted on 03/21/2024 6:09:04 AM PDT by Honest Nigerian
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

President Biden pushed student debt for another 78,000 borrowers onto the tax payers.

Fact check completed


32 posted on 03/21/2024 6:14:34 AM PDT by Vaduz
[ Post Reply | Private Reply | To 1 | View Replies]

To: Baldwin77

“..Where are OUR representatives?...”

LMAO...you must think you still live in the old former America: Home of the Free and the Land of the Brave.....nada, It belongs to “them” now...they have even said so. It’s been overthrown and taken over without a shot being fired. Well, one shot was fired killing an innocent female veteran protesting the overthrow...but that’s nothing to see here.
We now live in the new WEF region known as “BidenLand”: Home o the pussified woke and Land of the Illegal.
Ruled over by the demented tyrant: King pedoPIG The First, who rules by edict and decree.
All Hail The King!!! /s


33 posted on 03/21/2024 6:18:48 AM PDT by lgjhn23 ("On the 8th day, Satan created the progressive liberal to destroy all the good that God created..." )
[ Post Reply | Private Reply | To 16 | View Replies]

To: Baldwin77

Our representatives are powerless to do anything but bitch and moan.

The solution is the courts. A law suit must be filed and an injunction forbidding implementation must be granted.


34 posted on 03/21/2024 6:27:46 AM PDT by bert ( (KE. NP. +12) Hamascide is required in totality)
[ Post Reply | Private Reply | To 16 | View Replies]

To: antidemoncrat

And Trump gets impeached for just making a phone call, unreal.


35 posted on 03/21/2024 6:34:11 AM PDT by GrandJediMasterYoda (As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
[ Post Reply | Private Reply | To 30 | View Replies]

To: Oldeconomybuyer

I thought the courts had ruled this unconstitutional and told old Puddi’n Lips he could not do it.


36 posted on 03/21/2024 6:53:16 AM PDT by Lion Den Dan ( )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer
Truly amazing that someone, anyone, can get in the middle of a borrower and a lender's contract and nullify it.

Raise your hand if you think this will slide over into the world of minority-held mortgages. You know, reparations and all.

37 posted on 03/21/2024 7:04:00 AM PDT by Lizavetta
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

This is called WINNING. LOSERS complain about courts and stop their agenda when biased decisions do not go their way


38 posted on 03/21/2024 7:15:53 AM PDT by Captainpaintball (America needs a Conservative DICTATOR if it hopes to survive. )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

And SloJo’s IRS will forget about that pesky “forgiven loans are income and must be reported as such” law.


39 posted on 03/21/2024 7:40:58 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasGunLover

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.


When the swamp runs the “justice” dept, you can do whatever the hell you want.
If trump does what biden is doing, he would be taken out by the left AND all the RINO’s who can’t stand him.


40 posted on 03/21/2024 7:57:36 AM PDT by hillarys cankles
[ Post Reply | Private Reply | To 20 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson