Posted on 05/02/2024 1:44:44 AM PDT by airdalecheif
Biden announced on Wednesday that the White House would forgive more than $6.1 billion on student loan debt for 317,000 borrowers who attended The Art Institutes, a private art school system in the U.S. that shuttered last year
(Excerpt) Read more at npr.org ...
This latest round of student loan forgiveness brings the total approved by the Biden Administration to almost $160 billion for nearly 4.6 million borrowers, an average of nearly $35,000 per student.
Oh, who the hell am I kidding? It's not like Biden and his regime has ever given a damn about the Constitution.
That’s so cute - Biden and his cabal think that art students actually vote.
Can I haz borrow $10 billion dollars and haz thuz loan forgiven?
Thanx Mr. Buyden
Oh who cares? $3 Trillion here, $3 Trillion there, it’s not like it’s real money.
Where does Biden think he has the authority to tell a bank “You can’t collect on a loan- we ‘forgave’ it”
Who makes the bank whole? Is someone else (taxpayers) going to repay the bank? Or do they just take the loss?
“This institution falsified data, knowingly misled students, and cheated borrowers into taking on mountains of debt without leading to promising career prospects at the end of their studies,” said Biden in a statement.
Who went to jail for this $6 Billion fraud? Anyone?
Have all of the institute’s assets been confiscated to pay for any of this?
Are the students able to sell any of their watercolors for $500k like Hunter?
EC
2024 Enron Education System K thru 16 and beyond.
WTH ? Where are the republicans ? This is not legal.
Already went through SCOTUS and was struck down once. They’re playing the same game that criminals are playing at the state level. DAs are just looking the other way, even if SCOTUS ruled it’s not allowed. Who’s going to arrest them? Seriously...
** CHORTLE **
Looks like STEM loses out again. Not that I agree with the forgiveness of these loans but gosh if he was halfway insane STEM and Medical would be first in line. Trades would right up there too.
Whenever I see these huge amounts for money for a relatively small number of people I have to do the math. I always think it is going to be some huge amount of money each person gets.
On average it is about $20,000 per person. Papa Joe is going to need to send more money!
Getting paid dollar, dollar for their display of hatred of Israel.
He doesn’t have the authority to do that.
Who's going to stop him?
“WTH ? Where are the republicans ? This is not legal.
** CHORTLE **”
Have no fear. Even as I type this, a strongly wriitten letter is being composed by the top men and women of the Republican Congress.
Do I really need a </s>
Be nice if Trump wins and immediately says “All previously recinded student loans are now back in place with interest”
“ Are the students able to sell any of their watercolors for $500k like Hunter?”
An example of “you just can’t beat God-given natural talent”.
Anyone who thinks our tax money should be going to ridiculous wars and banning TikTok instead of lifting the burden of debt from American students trying to better themselves can please leave the table. The real conservatives who don’t want interest payments going to the Fed have real work to do...
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