Biden Forgives Another $4.8 Billion in Student Debt
The Biden administration has forgiven another $4.8 billion in student loan debt, with critics saying it's unfair for taxpayers to pay for other people's loans
The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt for 80,300 borrowers, bringing the total that taxpayer burden to $132 billion."I won’t back down from using every tool at our disposal to get student loan borrowers the relief they need to reach their dreams," President Joe Biden said in a Dec. 6 statement, in which he made clear that his administration is undeterred by the recent Supreme Court decision to block a wide-ranging initiative to cancel up to $20,000 in debt per student.
"In the wake of the Supreme Court’s decision on our student debt relief plan, we are continuing to pursue an alternative path to deliver student debt relief to as many borrowers as possible as quickly as possible," the president added.
The latest action brings the total number of borrowers whose student loans have been forgiven to over 3.6 million.
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4 comments:
I went to the doctors yesterday and a third year medical student was there and I asked her where she was planning on going 3 months when she graduates and she said I don't know open my own and I said what are you going to do about your student loans I said you know if you go to rural cities the government will forgive your loan and she said well like what I said like helping poor people just oh I don't want to help poor people and I said well what are you going to do about your loan she was old the government's going to forgive it so you're going to be making $200,000 right out of school and you don't have to pay your loan back I need to get on that bandwagon
Not fair I paid for all my own college!
Quitting my job and not paying in any more taxes to this illegitimate regime.
Crooked cover-up joe!
he and his party are cheaters they cheat so much, could never do anything without cheating.
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