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"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.

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.

1 posted on 05/02/2024 1:44:44 AM PDT by airdalecheif
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To: airdalecheif
Biden doesn't have the authority to...

Oh, who the hell am I kidding? It's not like Biden and his regime has ever given a damn about the Constitution.

2 posted on 05/02/2024 1:49:17 AM PDT by Ciaphas Cain (America needs deliberalization like Germany needed denazification.)
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To: airdalecheif

That’s so cute - Biden and his cabal think that art students actually vote.


3 posted on 05/02/2024 1:58:23 AM PDT by Apparatchik (Русские свиньи, идите домой!)
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To: airdalecheif

Can I haz borrow $10 billion dollars and haz thuz loan forgiven?

Thanx Mr. Buyden


4 posted on 05/02/2024 2:01:25 AM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: airdalecheif

Oh who cares? $3 Trillion here, $3 Trillion there, it’s not like it’s real money.


5 posted on 05/02/2024 2:03:24 AM PDT by AndyJackson
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To: airdalecheif

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?


6 posted on 05/02/2024 2:40:34 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: airdalecheif

“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


7 posted on 05/02/2024 2:45:48 AM PDT by Ex-Con777
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To: airdalecheif

2024 Enron Education System K thru 16 and beyond.


8 posted on 05/02/2024 2:53:01 AM PDT by Varsity Flight ( "War by 🙏 the prophesies set before you." I Timothy 1:18. Nazarite warriors. 10.5.6.5 These Days)
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To: airdalecheif

WTH ? Where are the republicans ? This is not legal.


9 posted on 05/02/2024 2:54:35 AM PDT by Baldwin77 (DJ & JD 2024 (Trump-Vance) NOVEMBER 5-CHRISTIAN VISIBILITY DAY)
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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.


12 posted on 05/02/2024 3:16:23 AM PDT by Clutch Martin ("The trouble ain't that there is too many fools, but that the lightning ain't distributed right." )
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To: airdalecheif

Getting paid dollar, dollar for their display of hatred of Israel.


14 posted on 05/02/2024 3:20:36 AM PDT by rottweiller_inc (n't put it past them)
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To: airdalecheif

He doesn’t have the authority to do that.


15 posted on 05/02/2024 3:26:27 AM PDT by fella ("As it was before Noah so shall it be again," )
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To: airdalecheif

Be nice if Trump wins and immediately says “All previously recinded student loans are now back in place with interest”


18 posted on 05/02/2024 3:51:31 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: airdalecheif

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...


20 posted on 05/02/2024 3:55:48 AM PDT by guinness4strength
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To: airdalecheif

My wife went back to a technical school to become a nurse at 39 years old. She busted her tail studying AND working part time while we had 3 kids who were 8/10/12 years old. We took out a loan for her schooling and PAID IT BACK.

Why should WE have to pay for people to go to the Art Institutes??? Anyone going to the Art Institutes should have known what they were getting into.


22 posted on 05/02/2024 4:09:42 AM PDT by woweeitsme
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To: airdalecheif
More vote buying by the Buydung regime, this time bailing out idiots who fell for a scam. Will they also bail out fools who sent money to phone scammers in India?


23 posted on 05/02/2024 4:21:30 AM PDT by Fresh Wind (Nothing says "Democracy" like throwing your opponents in jail.)
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To: airdalecheif

Buying votes.


25 posted on 05/02/2024 4:32:42 AM PDT by yldstrk ( )
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To: airdalecheif

The government shouldn’t be in the school loan business. Kill it once and for all.


26 posted on 05/02/2024 4:38:17 AM PDT by Sacajaweau
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To: airdalecheif

What about the Devry Institute of Technology? And Joe Scaramuccibambino’s plumbing apprenticeships? He promised to “hook me up wit da boss”.


30 posted on 05/02/2024 5:12:08 AM PDT by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: airdalecheif

This must have pleased Pelosi to an “O”

wy69


35 posted on 05/02/2024 5:24:26 AM PDT by whitney69 (yption tunnels)
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To: airdalecheif

39 posted on 05/02/2024 5:55:56 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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