On 1/19/2024, Biden Unilaterally Cancels Another $5 Billion in Student Loan Debt For 74,000 Borrowers in Latest Vote-Buying Gimmick. The Biden Admin will get their student loan bailout one way or another. Joe Biden once again on Friday unilaterally canceled another $5 billion in student loan debt for 74,000 borrowers in his latest vote-buying gimmick. Biden canceled student loans for workers such as firefighters and teachers who have served more than 10 years in the public sector. Last Friday Joe Biden announced he will cancel student loans for borrowers who took out less than $12,000 and have been in repayment for 10 years. Biden has used a series of workarounds to circumvent the Supreme Court’s decision to strike down his student loan bailout program. Joe Biden unilaterally announced a massive forgiveness of student loans in August 2022 to buy the Gen Z-Millennial vote in the 2022 midterms.
Biden canceled over $400 billion in student loans which turned out to be 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. The Supreme Court ruled 6-3 against Joe Biden’s student loan relief program so the Department of Education rolled out a workaround forbearance program to cancel $39 billion in student loans by counting non-payments as payments for a period of time. Only it isn’t your typical forbearance program. Borrowers won’t have to pay back ‘missed’ payments or make up the difference of ‘reduced’ payments. No interest will accrue on any of the missed payments.
The Department of Education announced in October it is withholding $7.2 million from a student loan servicer over billing statement errors that affected 800,000 borrowers.
Karine Jean-Pierre Claims “Americans Are Starting To Feel” Bidenomics As 13% Say They’re Better Off
KARINE JEAN-PIERRE: “It’s clear Americans are starting to feel Pres. Biden’s strong economy!”
UNDER BIDEN: Prices have risen by 17.3%. Real wages are 2.5% lower. Inflation has been above 3% for 33 straight months. Just 13% say they’re “better off” financially.
Karine Jean-Pierre Unironically Notes “Border Security Is Important … We Have To Do Something!”
KARINE JEAN-PIERRE (unironically): “Border security is important. We understand it’s important to the American people. We have to do something!”
Karine Jean-Pierre Says Sending Illegal Immigrants To Dem-Run “Sanctuary Cities” Is “Demoralizing”
Karine Jean-Pierre says sending illegal immigrants to Democrat-run sanctuary cities is “inhumane” and “demoralizing,” then brags about all the taxpayer-funded services they’ve provided to illegal immigrants
https://www.facebook.com/HygoNewsUSA/videos/2719102561580490
Biden Unilaterally Cancels Another $5B Student Loan 74K Borrowers Vote-Buying Gimmick; $1B Sanctuary Cities