Oh look, Biden is canceling $1.2 billion in student loans during an election year
· Feb 21, 2024 · NottheBee.com

If anybody needs to buy votes this election season it's Joe Biden, so I sort of expected this.

$138 billion. That's how much student debt Biden has canceled by executive action during his presidency. 3.9 million people have had their debts forgiven. Meanwhile, the rest of us who worked our butts off to pay our loans on time, didn't freeze our payments during Covid, and were generally responsible, get nothing.

Nothing.

President Joe Biden's administration said on Wednesday it is canceling $1.2 billion worth of student loans for some 153,000 people who are eligible under a program used to make good on promises to increase loan forgiveness.

Biden last year pledged to find other avenues for tackling debt relief after the Supreme Court in June blocked a broader plan to forgive $430 billion in student loan debt …

The latest announcement applies to people enrolled in a repayment program known as Saving on a Valuable Education (SAVE) and covers those who borrowed $12,000 or less who have been repaying the money for at least 10 years.

The move will 'particularly help community college and other borrowers with smaller loans and put many on track to being free of student debt faster than ever before,' the White House said.

So the Supreme Court blocked you from buying votes with your student debt cancellation and you're still out here buying votes with your student debt cancellation.

Cool.

Glad we've learned a little more about how our country operates.

Hmm, I wonder what you guys would say if Trump did this …

Surely, it would be an impeachable offense.

Biden can buy as many votes as he wants in 2024. Honestly, I don't think it's gonna matter. We The People have had enough.


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