Q: bailout leads to runaway education cost, relief not for future students, Dems dishonest?

#shorts On 6/30/2023, a reporter asked, “The Democrats like to distinguish themselves as being different than Republicans in terms of this specific law, for example. But really, neither side is doing anything about the runaway cost of higher education. Nobody is really doing anything. I mean, this relief doesn’t do anything for future students. So, is either party really any different? Are you — are Democrats not just, essentially, as dishonest in their approach as they accuse the other side of being in terms of the impact that they would have on students going forward? Neither — both — both parties are really beholden to the Wall Street beneficiaries of these runaway interest rates and these runaway debts. What are Democrats willing to do about the runaway cost of education?

MR. RAMAMURTI: Sure. Reporter: That really is at the heart of the matter.

MR. RAMAMURTI: No, I think it’s a real problem. That’s one of the reasons why when the President announced his plan last August, when he announced his debt relief plan, there was another key provision in there, which was a set of policy ideas about holding colleges accountable for raising prices.

On 6/30/2023, the Supreme Court put the final nail in the coffin and invalidated Biden’s student loan bailout program. Joe Biden unilaterally announced a massive forgiveness of student loans last August to buy the Gen Z-Millennial vote in the 2022 midterms. Biden canceled over $400 billion in student loans which turns 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. Six Republican state attorneys general sued Joe Biden and argued the student loan bailout violates the separation of powers. Separately, two borrowers who did not qualify for Joe Biden’s student loan forgiveness plan (Department of Education v Brown) sued to stop the program. The Supreme Court ruled 6-3 in Biden v Nebraska that Joe Biden’s student loan forgiveness was unlawful. The 8th US Circuit Court of Appeals in November extended a block on Joe Biden’s student loan bailout plan. The DOJ then asked the Supreme Court to lift the 8th Circuit Court’s block, which they refused to do. The Supreme Court ruled 6-3 that Joe Biden overstepped his authority.

other clips of this published longer video is here: https://youtu.be/5guoqhrgHkk Q: bailout leads to runaway education cost, relief not for future students, Dems dishonest?