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Biden admin pulls back on student loan forgiveness amid legal challenges
NY Post ^ | September 29, 2022 9:56pm | Patrick Reilly

Posted on 09/29/2022 10:35:52 PM PDT by conservative98

The Biden administration is pulling back on its student debt relief program amid numerous legal challenges, including six new lawsuits filed by Republican-led states.

In a reversal from Biden’s original sweeping proposal in August to cancel federal student loans up to $20,000, the US Department of Education announced Thursday that it would not forgive debt from borrowers whose student loans are owned by private entities.

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events
KEYWORDS: alldone; biden; debt; dementia; education; noproblem; studentdebt

1 posted on 09/29/2022 10:35:52 PM PDT by conservative98
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To: conservative98

https://www.youtube.com/watch?v=9Jz1TjCphXE


2 posted on 09/29/2022 10:35:58 PM PDT by conservative98
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To: conservative98

3 posted on 09/29/2022 10:37:37 PM PDT by conservative98
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To: conservative98

He has four of the same book, because he didn’t remember he
already picked up three copies. /s


4 posted on 09/29/2022 10:44:50 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: conservative98

The Potato never meant it. It was just a stunt to try to raise his popularity numbers.

Like all things from Pedo Joe it was an epic fail.


5 posted on 09/29/2022 10:51:07 PM PDT by TigersEye (The Democrat Party is criminal, unAmerican and illegitimate )
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To: conservative98

BTTT


6 posted on 09/29/2022 11:02:03 PM PDT by nopardons
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To: conservative98
Has anybody noticed the latest gimmick to keep Joementia focused during public appearances?

They give Biden a hand microphone to hold while he talks, because he tends to wander around. Anybody else who's appearing with him uses the microphones mounted on the Presidential podium while Biden keeps Microphone One for himself.

September 5, 2022 at at Henry Maier Festival Park in Milwaukee, Wisconsin.

August 30, 2022 at the Arnaud C. Marts Center on the campus of Wilkes University in Wilkes-Barre, Pa.

September 21, 2022 at The Global Fund Conference in New York City.

September 12, 2022 at the cancer moonshot initiative at the John F. Kennedy Library and Museum in Boston.

September 8, 2022 at a Democratic National Committee event in Oxon Hill, Maryland.

September 13, 2022 at an appearance on the South Lawn of the White House.

September 23, 2022 appearance at a Washington, DC event.

There are older images, too, of him with a hand microphone. I think it's a crutch to keep him focused in front of a crowd.

-PJ

7 posted on 09/29/2022 11:35:16 PM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: conservative98

“Robbing Peter to give away to paul...and 10 for the big guy” applies here.


8 posted on 09/30/2022 3:00:15 AM PDT by Qwapisking ("IF the Second goes first the First goes second" LStar)
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To: conservative98

In short, criminal biden purposely pursued an illegal action.


9 posted on 09/30/2022 3:09:07 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: conservative98

“Biden admin pulls back on student loan forgiveness amid legal challenges”

awesome move! dementia joe just created ANOTHER group of really pissed off voters!


10 posted on 09/30/2022 3:36:43 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: conservative98

The Occupy White gang tried to revive the mom’s basement crowd’s enthusiasm to vote Democrat/communist.

It didn’t work.

The Student loan give away turned into a 55/45 against so they are getting our taxpayer money to pay off their student loans and ending the idea of paying everybody else’s loans.


11 posted on 09/30/2022 3:56:02 AM PDT by jmaroneps37 (Freedom is never free. It must be won rewon and jealously guarded.)
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To: conservative98

The whole legal framework of why and how the government can forgive the loans is very weak, but actually sending checks to banks and other financial institutions almost certainly requires an appropiation of money through Congress. They abandoned this part to keep the first judge who hears the case from overturning everything.


12 posted on 09/30/2022 4:50:34 AM PDT by KarlInOhio (The government sees you as either livestock or pet. If things get bad they will eat their pets too.)
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To: conservative98

Doesn’t Deep State hold over 90% of student loans?

If so, how is shedding a couple of percent a pullback?

Or is it just damage control...?


13 posted on 09/30/2022 5:01:13 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mewzilla

During the Obozo years they made all student loans federal. So this student loan “payoff” will only pay off loans made in the past 8-10 years.

So, just the younger Antifa types benefit. Older people get shafted.


14 posted on 09/30/2022 6:18:39 AM PDT by sloanrb
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To: TigersEye
The Potato never meant it. It was just a stunt to try to raise his popularity numbers.

Yes, but, I'm just surprised they are reneging before the mid-terms.

15 posted on 09/30/2022 6:48:26 AM PDT by TangoLimaSierra (⭐⭐Public hangings will wake 'em up.⭐⭐)
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To: TangoLimaSierra

I think they were forced to by the law suits. Reality caught up to them faster than they hoped it would.


16 posted on 09/30/2022 4:34:08 PM PDT by TigersEye (The Democrat Party is criminal, unAmerican and illegitimate )
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To: catnipman
“Biden admin pulls back on student loan forgiveness amid legal challenges”

awesome move! dementia joe just created ANOTHER group of really pissed off voters!

I just hope this makes it to the MSM headlines. They will probably try to hide it.

17 posted on 09/30/2022 4:49:59 PM PDT by Irish Eyes
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