#shorts Biden said, “By the end of this week, the Department of Education will have approved the applications of 16 million Americans and sent the necessary paperwork to student loan servicers in the last step before 16 million Americans’ can have their loans discharged. That’s 16 million people who will be hearing from the Department of Education that they’ve been approved and who should be seeing relief in the coming days. But it’s temporarily on hold. Why? Well, because Republican members of the Congress and Republican governors are doing everything they can, including taking us to court, to deny the relief and even to their own constituents.”
Joe Biden unilaterally announced a massive forgiveness of student loans in August a few months before Midterm. Biden canceled up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants. Hardworking Americans who never went to college or fully paid for their own student loans are now being forced to pay other people’s school loans. Conservative attorneys immediately got to work and filed lawsuits to stop Joe Biden’s illegal loan bailout program. The 8th Circuit Court of Appeals late last month issued a temporary stay blocking Biden’s loan bailout plan while it considers a motion filed by conservative attorneys and Republican lawmakers.
longer version of this clip is here: https://youtu.be/tLp5L1uXIWs
On 11/3/2022, Joe Biden traveled to Albuquerque, New Mexico to deliver remarks on student debt relief in an effort to rally young voters ahead of next week’s midterm elections.
16 million people: can’t have loans discharged because Republicans deny relief, not vote Republicans