Biden student loan forgiveness

[hadit]

Wrong.
Once college students graduate, they pay far more taxes and increase GDP, so they pay back many times over.

That doesn't relate to wiping out billions in loan debt. What, do you think more students will graduate if they don't have to pay their loans back? No, this will just end up a massive new government spending program.

 

[Cellblock2429]

The White House announced Tuesday an additional $3.9 billion in student loan forgiveness, this time for borrowers who attended defunct ITT Technical Institute.
The latest round brings Joe Biden's student loan forgiveness total to $32 billion since taking office – but progressive are still pushing for the president to cancel all existing federal student loans.
Borrowers are also still waiting to hear if federal loan pause will be extended for a fifth time as the latest deadline approaches.

Biden cancels ANOTHER $3.9B in student debt for defunct ITT colleges

The White House announced Tuesday an additional $3.9 billion in student loan forgiveness, this time for borrowers who attended defunct ITT Technical Institute.

www.dailymail.co.uk

Comment:
Biden is using the Taxpayer's money to buy votes.
The creepy, corrupt and racist Democrat Party is enslaving Americans to taxes and debt.
Nothing is free.

/----/

 

[otto105]

Government is your religion.

I don’t believe in religion. Plus we don’t need it to function as a society.


We however, do need government to do so.

 

[otto105]

That doesn't relate to wiping out billions in loan debt. What, do you think more students will graduate if they don't have to pay their loans back? No, this will just end up a massive new government spending program.

Its a massive help to lower and middle income people, so naturally you’re against it.

 

[Ralph Norton]

Wrong.
Once college students graduate, they pay far more taxes and increase GDP, so they pay back many times over.

Then they have the money to pay back their loans.
QED.

 

[otto105]

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View attachment 689533

Sure sure, cell


Can you also request that the former 1-term president release who received 500billion in PPP loans that were forgiven….

Like margorie green…

 

[otto105]

Then they have the money to pay back their loans.
QED.

Awwwww, white boi is jellie.

 

[Ralph Norton]

Awwwww, white boi is jellie.

What grade are you in?

 

[Ray From Cleveland]

Its a massive help to lower and middle income people, so naturally you’re against it.

Yes, all those lower income couples that make less than 250K a year.

 

[otto105]

Yes, all those lower income couples that make less than 250K a year.

Just so I know, couples making $250K or less are rich now?

 

[Orangecat]

I don’t believe in religion.

Well, it does exist, whether you believe in it or not.

 

[hadit]

Its a massive help to lower and middle income people, so naturally you’re against it.

Am I wrong in what I said?

 

[Ray From Cleveland]

Just so I know, couples making $250K or less are rich now?

Are they lower to middle income?

 

[otto105]

Are they lower to middle income?

They would be middle income.

 

[22lcidw]

I don’t believe in religion. Plus we don’t need it to function as a society.


We however, do need government to do so.

Then treat the foreign owned fiat currency system we live in as owned by the taxpayers and government.

 

[Ralph Norton]

They would be middle income.

Then they can pay back their loans.

 

[otto105]

Then treat the foreign owned fiat currency system we live in as owned by the taxpayers and government.

WTF?

 

[otto105]

Then they can pay back their loans.

They are.

10K isn't going to payoff the total cost of college. Besides, the $10 in debt relief is just an investment in our future.

 

[Ray From Cleveland]

They are.

10K isn't going to payoff the total cost of college. Besides, the $10 in debt relief is just an investment in our future.

It doesn't invest anything in our future because people will go to college with or without welfare. The only investment is it will buy more Democrat votes, like most of the money Democrats are putting us in the hole for.

 

[Ray From Cleveland]

They would be middle income.

Bullshit. Median household income is 63K. Average household income is 44K.