Biden’s Fishy Student Debt Bailout Stinks to High Heaven

White House [Public Domain]

President Joe Biden’s student debt bailout resembles a plate of anchovies: It was unappetizing when served. After a week in the late-summer sun, it reeks.

On Aug. 24, Biden announced his plan to cancel up to $10,000 in unpaid educational loans for those earning $125,000 per year or less. Debtors who received Pell Grants could abandon up to $20,000 in student loan obligations.

Biden’s program soon slammed into a cavalcade of objections — legal, financial, and moral.

First, could Biden simply wave his scepter and make these debts vanish? News reports quickly emerged in which none other than House Speaker Nancy Pelosi previously dismissed such authority.

Keep reading at The American Spectator.



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POPS
20 days ago

Not going to get much better with GOP in control. They had the House & Senate & wanted to do HOTHING. Need new leadership in Congress.

Greg Price
Greg Price
20 days ago

The American left has as much a clue to economics as your average 3rd grader. Since their only function is spending tax payers money, they should NEVER AGAIN have such unfettered access to the American purse.

the old dog
the old dog
20 days ago

I GOT IT! I GOT IT! . . . .We al lrun to the nearest university, sign up for as much student loan we can squeeze out of them, and then put in for forgiveness.

anniedawn
20 days ago

Only Congress can OK this anti-America slap in the face. Even Pelosi says only Congress can do it. Watch her push it. Only 65 days to go. Maybe this time she will lose.

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