Free Republic

President Joe Biden will announce Monday that student debt held by ten million Americans will transfer to taxpayers, White House officials told reporters Monday. The plan to convey student loan debt to taxpayers is widely seen as a political move to gain electoral traction among young voters, who largely do not approve of Biden’s leadership. Taxpayers can expect to absorb about $5,000 for each of the ten million students, according to the plan Biden is set to tout in Wisconsin. Overall, Biden intends to cut the amount that 23 million students owe on their loans, placing the burden on taxpayers...

This month marks the first time in more than three years that federal student loan borrowers will be required to make monthly repayments. The Trump and Biden administrations enacted and then expanded a pandemic-related pause for about 44 million borrowers by freezing their accounts and restricting interest accumulation. But Congress ruled, as part of the debt ceiling package that it passed in June, that the relief program can no longer be extended. Payments resumed on October 1 for the first time since March 2020. Before the pandemic, the federal government was collecting about $5.8 billion in payments each month. A...

The Supreme Court and Republicans are on the top of the list for college students and recent graduates to blame for the lack of student debt relief after the high court’s recent ruling striking down President Biden’s forgiveness plan, according to a new poll from Generation Lab. The survey released Tuesday showed 47 percent of college students and recent graduates across the country blame the Supreme Court for unforgiven student loan debt, while Republicans came in second place at 38, 10 percent blamed the president and only 4 percent blamed Democrats.

Some student loan borrowers encouraged others to default on their loans "en masse" following the decision by the U.S. Supreme Court to cancel President Joe Biden's student loan debt forgiveness plan, but one expert told Newsweek why that may not be a good idea. "Okay, thing I can actually talk about: Mass default on student loan debt would be a really effective message and f*** you to this country from the folks most impacted by our constant slide backwards. Just don't pay it. Hit the bricks. En masse," Twitter user Derek Van Dyke wrote. On Friday, the Supreme Court reached...

The US Supreme Court shot down the Biden administration’s controversial plan to forgive billions of dollars in federally-backed student loan debt, a decision that means millions will have to start making repayments later this year. In a 6-3 decision down ideological lines, the justices held that the administration wasn't authorized to offer the debt relief under a 2003 law known as the HEROES Act. The Biden administration invoked that act during the initial stages of the COVID-19 pandemic as authorization for the student loan relief. "The text of the HEROES Act does not authorize the [Education] Secretary’s loan forgiveness program,"Chief...

Tens of millions of Americans who thought they’d gotten a huge and unexpected break suddenly can’t be sure. In August, President Biden told those laboring under obscene amounts of student loan debt that if they earn less than $125,000 per year, they would be eligible to have at least $10,000, and possibly up to $20,000, of that debt forgiven. Since then, 26 million people have applied for that relief, and 16 million have been approved so far. But now they’re in limbo, as a slew of Republican-led legal challenges claiming that Biden’s order exceeds his powers have frozen the loan...

Tsarizm wrote earlier about the approaching winter in Ukraine and how the government was not prepared to handle the coming humanitarian disaster. BREAKING: SOURCE – US Aid Not Reaching Ukrainian People. 40% Without Power. Government Not Doing Anything For People, No Generators, Tents, Heat, Etc. Kyiv Blackout Tonight. Riots Could Ensue.As we stand today, sources tell Tsarizm the power is only on for 2 hours every 10 hours in the capitol city of Kyiv. There is no heat in much of the city, especially in high rise apartment complexes. The only generators working are in the supermarkets, which lack product....

Former President Donald Trump’s social media outfit, Truth Social, is locked in a bitter battle with one of its vendors claiming that the platform is stiffing the company out of more than $1 million in contractually obligated payments, FOX Business has learned. If the allegations are true, they would suggest that Truth Social’s finances are in significant disarray, people with direct knowledge of the matter say. Internet infrastructure company RightForge is said to be among Truth Social’s largest vendors and creditors, these people say. In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped...

Russia's failure to pay $1.9 million in accrued interest on a dollar bond will trigger payouts potentially worth billions of dollars, a panel of investors determined on Wednesday, as the country teeters on its first major external debt default in over a century.

Russia has defaulted on its foreign debt because it offered bondholders payments in rubles, not dollars, credit ratings agency S&P has said. Russia attempted to pay in rubles for two dollar-denominated bonds that matured on April 4, S&P said in a note on Friday. The agency said this amounted to a “selective default” because investors are unlikely to be able to convert the rubles into “dollars equivalent to the originally due amounts.”

Fifty-five powerful and influential House Democrats are reportedly financially stiffing the Democratic Congressional Campaign Committee (DCCC), failing to pay the dues they owe because of the likelihood that Republicans will retake the chamber. Top Democrats leaders are unhappy and worried because many of their valuable caucus members are not paying their dues to the party committee, according to Punchbowl News. Rules dictate that each member is responsible for dumping a certain amount of cash into the committee’s coffers to be used by the top brass as a part of a national strategy to defeat Republicans. The amount of cash members...

Washington (CNN)Joe Biden has canceled more student loan debt than any other President -- a notable fact that's flown under the radar. Taking a piecemeal approach, the Biden administration has expanded existing loan forgiveness programs for borrowers who work in the public sector, those who were defrauded by for-profit colleges and borrowers who are now permanently disabled. Those moves have delivered significant relief to more than 700,000 borrowers, totaling more than $17 billion. Yet some voters feel misled by the President, who had supported canceling $10,000 for each of the 43 million federal student loan borrowers while on the campaign...

An Air Force veteran who owns three upstate New York properties has been forced to live in her car because her tenants have refused to pay rent thanks to the eviction moratorium. Brandie LaCasse told CBS News that she has been living at friends’ homes and out of her car with her young daughter. She said she is owed more than $23,000 in unpaid rent but cannot force her tenants to pay or leave because of federal and state moratoriums on evictions. “I’ve cried many nights, like thinking, ‘Where’s my money?'” the single mom said. “I don’t understand how they...

Fairfax County schools are set to reopen classrooms for in-person learning this month, but thousands of teachers plan to continue working from home. Fairfax County Public Schools plans to have students and teachers return to classrooms on February 16. However, 2,300 of the district’s 15,000 teachers many teachers will continue to instruct their classes virtually even while their students are physically present in the classroom. Because of this, classroom monitors will be present in the classroom with children during class. So far, 645 classroom monitors have been hired, and the school district needs 205 more, Fox 5 DC reported. The...

"SINCE COVID-19 MANY AMERICANS FELL BEHIND IN ALL ASPECTS," reads the website copy. The button below this statement is not for a GoFundMe, or a petition for calling for rent relief. Instead, it is the following call to action, from a company called Civvl: "Be hired as eviction crew." During a time of great economic and general hardship, Civvl aims to be, essentially, Uber, but for evicting people. Seizing on a pandemic-driven nosedive in employment and huge uptick in number-of-people-who-can't-pay-their-rent, Civvl aims to make it easy for landlords to hire process servers and eviction agents as gig workers.

At a time when huge spending bills marked “coronavirus relief” are easily passing Congress with little scrutiny, poorly run states are asking unscrupulous members of Congress to slip in taxpayer bailouts to rescue them from years of their own fiscal mismanagement. In response, the House of Representatives recently passed a coronavirus relief bill that includes a half trillion dollars (trillion with a “t”) in unrestricted funds to bail out state governments for years of reckless expenditures entirely unrelated to the pandemic. I have the same reaction to these proposals that I had when I worked in government and people were...

AOC is using this pandemic to tell her Socialist followers to take down Capitalism!She urges her followers to stop paying their rent and go on Strike!The New Yorkers who voted for this Dingbat need their head examined!Unreal !!! https://twitter.com/SJPFISH/status/1245559551740518400 

Joe Biden's brother is a scofflaw who is defying paying almost $1 million in compensation to the family of a young single father killed in a horrific car crash more than 20 years ago, DailyMail.com can reveal. Frank Biden has failed to pay a dime to the family of Michael Albano despite having defaulted on a lawsuit filed against him for the death, our investigation uncovered. And even though Albano's orphaned daughters pleaded more than a decade ago with Joe – then a senator - for help recovering the money from his brother it was to no avail, telling them...

Joe Biden's youngest brother Frank, 66, is revealed by DailyMail.com investigation to owe a grieving family almost $1 millionHe has never paid a penny in the 20 years since Michael Albano, a single father, was run over in a fatal car crash near San Diego California in August 1999 Frank Biden had rented the high-powered Jaguar and was in the passenger seat when he put the car into manual, and said 'punch it' to the driverAlbano was hit at up to 80mph by the car and Biden was allegedly heard saying 'keep driving' as the 38-year-old father of two teenagers...

How else would one describe the bunch of 2020 Democratic Presidential except for: Deadbeats-R-US. Unlike President Trump, these folks have relied on the government to give them money for their do-nothing jobs they have held. I hope this name sticks. Maybe it will make it to 'talk radio' or other media outlets other than our 'controlled media'.