https://www.msn.com/en-us/news/poli...sedgntp&cvid=06c477f4a8374efbdc6113f2e1967f16 Americans on the hook for choices they didn’t make: another harebrained Biden scheme As the Biden administration continues its bumbling path through a disastrous domestic policy agenda, its newest proposal might take the proverbial cake: blanket student loan forgiveness. Among the myriad of bad policies this administration has put forward over the last two years, none have been so blatant in pandering to the left-wing base as the recent move to forgive $10,000 in student loans. Make no mistake, for all their highbrow language there is nothing innovative to see here. This is contract nullification, plain and simple. Worse, student loan “cancellation” is actually the shifting of a financial burden from one individual to another. Their policy is nothing more than a redistribution of wealth from the working class to the elite to the tune of $300 billion. - - - - - - - - - - - - - - - - - - - - Very poignant article. However what the article didn't address is who also benefits from all this. Certainly two groups are college administrators and professors. Many of them are grossly overpaid for the little work that they do. I wonder if Joe Biden ever thought about those two groups giving back some of the bloated salaries that they were paid over the years?
https://www.foxnews.com/politics/wh...0b-student-loan-handout-paid-deficit-spending White House suggests Biden's $500B student loan handout will be paid for with deficit spending White House officials say President Biden's decision to cancel between $10,000 and $20,000 in student debt for millions of Americans is fully paid for because of a drop in the federal deficit, an argument that suggests the full cost of the policy will just be piled on top of the national debt. - - - - - - - - - - - - - - - - - - - - More smoke and mirrors from the Biden administration. If anyone actually believes anything that Joe Biden says, I would suggest to stay away from used car and land salesmen.
