Posted on 11/21/2022 6:39:40 AM PST by Bon of Babble
President Biden asked his administration to help save his student-loan debt relief plan from absolute failure.
(Excerpt) Read more at thenewamerican.com ...
Subsidize irresponsible conduct.
Biden was winging it and knew that it might be challenged. But it served his purpose to convince voters with school debt to vote for him so “time to move on.”
These loans don’t disappear - the debts are passed along to others who are unwittingly required to pay them off for the kiddies in the form of higher taxes, etc.
What does he care? The suckers bought it.
Why doesn’t he just propose legislation? He still has the house and the Senate. He said it passed with two votes, already.
I don’t understand this. It was voted on and passed. He said it was!
Of course, why not have other Americans pay for your 5 year vacation at a leftist university. Room and board and all the parties that you can handle plus communist indoctrination.
The solution is simple, and I’m surprised Biden hasn’t thought of it. Enroll all student debtors into the Ukrainian Army (just on paper).
Presto! They are now eligible for a slice of the money we’re pouring into Ukraine.
Bankruptcy is the obvious solution for those who can’t pay their debts. There’s no reason student loans shouldn’t be eligible for bankruptcy. My guess, that would require legislation.
I lived like a hobo while in college. My stuff fit in a back pack. I thoroughly resent paying the loans of what I call “Starbucks students”.
They were empty words when he said them and they are empty words now to proclaim that they intend to fight the ruling.
Remember My Fair Lady song - “”WORDS, WORDS, WORDS, I’m so sick of words! I hear WORDS all day long..etc. etc.””
Well the free stuffocrats already voted for the carrot on a stick so so he can just keep it right I front to use for dem purposes.
It’s the same people whose children are dying of drugs and crime voting for the more drugs n crime crowd.
The problem with the DOJ announcing plans to allow individuals to discharge their federal student loans is that the current law says these can only be discharged if the student can prove an “undue hardship” from having to pay these loans - period! So, instead of changing the law, the DOJ is going to redefine what “undue hardship” means!
Oh my God! These students are down to only being able to afford TWO Starbucks lattes a week! This is an OBVIOUS “undue hardship” for them, and they should be forgiven their student loans!!
The DOJ trying to circumvent or otherwise navigate around the LAW should be disconcerting to everyone with a single brain cell who understands what “the rule of law” means! And if they understand that, then they KNOW this is blatantly UNCONSTITUTIONAL...just like the original Presidential Edict!!
An undue hardship for the kiddies is not having the latest $1200 iPhone.
If you allow student loans to be eligible for bankruptcy, then anyone who doesn’t max out on those loans would be seen as a sucker. Get your four-year degree. Go on to graduate school. Keep on borrowing. Don’t take any part-time jobs. Live well on the loans. Then declare bankruptcy.
Sure, that would hurt your credit rating for seven to ten years. But that beats paying those huge loans back.
The headline is misleading...Biden is doing this for image purposes...it’s all smoke and mirrors for them.
Usually, one of the big differences between biden and trump is that the lower courts pound trump, but then he wins in the higher courts. For biden it seems to be the opposite.
But the point is that, in the end, Trump usually won and biden usually loses.
Yep. A lot of us were saying, when he first announced it, that it was unconstitutional because only the congress spends money. All he can do is approve it.
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