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To: knighthawk

I know a damn fool who voted for Biden because of this promise. Ha!


3 posted on 05/23/2021 11:55:19 PM PDT by Nateman (If the Left Is not screaming , you are doing it wrong.)
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To: Nateman

Could be that on further review, he does not have the authority to do this by executive action. More than 85% of outstanding student loan debt is federally guaranteed, meaning that when you forgive $1 you transfer $1 to the taxpayers (or increase deficit spending in the short run, so the taxpayers end up paying more than a dollar in the long run.) If he really made the remark with the example of Penn in it - I guess it just goes to show that in his degenerative senility he gets to a point where his short term recall of talking points is so bad he forgets them and only has some common sense to rely on. That will go soon as the disease progresses. But his comment involving Penn was possibly the only thing he has uttered as President that I might agree with.


4 posted on 05/24/2021 12:15:48 AM PDT by Wally_Kalbacken
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To: Nateman

I know at least a couple.


18 posted on 05/24/2021 3:20:59 AM PDT by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: Nateman

I know a damn fool who voted for Biden because of this promise. Ha!


Yeah, my ex son-in-law thought his entire $100k student loan was going to be forgiven. LMAO. He got a worthless degree in Psychology and is still driving a forklift. No jobs available with that degree. The profs lied to him.


25 posted on 05/24/2021 6:20:19 AM PDT by IAGeezer912 (One out of every 20 people on the face of the earth are Americans. We have won life's lottery.)
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