On 10/21/2022, President Biden spoke about the Student Loan Forgiveness at Delaware State University in Dover, Delaware before he takes off for another weekend vacation in Rehoboth Beach. Biden claimed he was “teaching” before he ran for president in 2020. Over the years Joe Biden has repeatedly claimed he was a professor at UPenn. Biden also told a story of Jill Biden, “True story – when I left the vice presidency after Beau died I wasn’t going to get involved in politics anymore so I became a full professor at the University of Pennsylvania. But before that occurred, three universities came to me and said they wanted to interview me to consider my being a president of the university. My wife who is a professor at a community college – she has two masters and a PhD – she’s smarter than me – and she looked at me and she said, if you do that I’m leaving you. She said it’s one of the toughest jobs in America.” Biden said.
Biden called out Senator Ted Cruz, Biden said, “Ted Cruz, the great senator from Texas —”
AUDIENCE: Booo —
Biden: — he said it’s for “slackers” — quote, “slackers” who don’t deserve relief.
Who in the hell do they think they are? (Applause.) I mean it.
Biden Claims His Student Loan Debt Bailout Is “Economically Responsible,” But It’ll Explode Deficit. Biden said, “So, come January, folks whose debt isn’t fully canceled, you’re going to have to start paying the student loans off. That means billions of dollars a year are going to start coming back into the Treasury as well. My administration’s plan is economically responsible — the economically responsible course to ensure a smooth transition to repayment and prevent unnecessary defaults.”
Update 10/21/2022, US appeals court temporarily blocks Biden’s student loan debt giveaway. The 8th US Circuit Court of Appeals order issued Friday prohibits the Biden administration “from discharging any student loan debt under the Cancellation program” until court proceedings for an injunction are completed. The appeals court sided with six GOP-led states that requested Biden’s plan be put on hold. Before that news, Biden said, “So, folks, one of the things I wanted to make sure is we didn’t end up where we were in a position that Barack and I were in, in terms of the Affordable Care Act. It was — made it a little bit more difficult, but we made sure we tested it. We tested it for a weekend to see how it worked, John. And guess what? It worked. Almost 9 million people signed on. (Applause.) Now let’s talk about who is against helping the millions of you who need the help and who want make sure you have a shot. Republican members of Congress and Republican governors are doing everything they can to deny this relief even in their — to their own constituents. As soon as I announced my administration’s plan on student debt, they started attacking it, saying all kinds of things. Their outrage is wrong and it’s hypocritical. But they’re — but, you know, we’re not letting them get away with it. They’re — you know, they’ve been fighting us in the courts. But just yesterday, a state court and the Supreme Court said, “No, we’re on Biden’s side.” (Applause.)”
“my administration did something that’s never been done before. We invested $5.8 billion in HBCUs. (Applause.) Some suggested we couldn’t get it done, but we got it done. And that money already is out the door being used very well.”
“And I’m always bragging — as Tony — as your president can tell you, I’m always bragging about Del State, and we got a little thing going. And — and besides that, we have a lot more folks — you know, the Divine Nine kind of runs my operation. (Applause.) Oh, you all think I’m kidding? (Laughs.) You think I’m kidding. (Laughs.) I’m not kidding.”
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Biden U Penn Full Professor mocked Ted Cruz loan bailout for slackers, Who in the hell do they think they are?