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SHORT: Biden's Student Loan "Forgiveness" Flops

Tangled Angle

English - November 15, 2022 23:00 - 9 minutes - 6.27 MB - ★★★★★ - 19 ratings
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Welp! The US District Judge ruled that Biden’s debt forgiveness plan, which was really used to get some votes for the Democrat party this election cycle, has flopped, and has been overruled by a US District court. 

And guess what the date was that this ruling came out ? November 10th, 2 days after our national election day, and just past the time to let those gullible and vulnerable voters know that student debt forgiveness was ruled unlawful, and ain’t going to happen. 

And Friday Nov. 11th, the Biden admin ceased to accept applications for federal student loan forgiveness so forget about sending in that application, they are not accepting them anymore. 

So the College loan debt of $1.75 TRILLION dollars for a college education where only 46% of those who graduate work in their field of study is still owed by those who borrowed it.

During a press conference on July 28, 2021, Speaker of the House Nancy Pelosi (D-CA) made it clear that Biden “does not have [the] power” to grant widespread student loan forgiveness.

“The president can’t do it, so that’s not even a discussion,” Pelosi said. “Not everyone realizes that, but the president can only postpone, delay—but not forgive.”

And many of us knew this, but as a campaign talking point, leading up to the contentious midterm election, Joe Biden said it and got a lot of people excited. 

And the younger voters, and their parents who are also carrying a lot of this $1.75 trillion debt, found a reason to vote democrat, especially if these young voters had never voted before. 46 million Americans have student loan debt, and the Democrats were after some of those young voters who carry this debt. 

The Biden administration knew  that they did not have the power to forgive student loans, yet he said he was going to do it anyway. 

So the logical conclusion was that Biden lied to you. 

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