GOP Sen: Biden student debt cancellation plan ‘gift to his political base’ 76 days before elections
Related. Check the Democrat backflips trying to justify this political giveaway:
Pelosi Does Complete 180 as Biden WH Reveals Where Debt Relief ‘Authority’ Purportedly Comes From
“…For the past year and a half, the Office of General Counsel (“OGC”), in consultation with our colleagues at the Department of Justice Office of Legal Counsel, has conducted a review of the Secretary’s legal authority to cancel student debt on a categorical basis. This review has included assessing the analysis outlined in a publicly disseminated January 2021 memorandum signed by a former Principal Deputy General Counsel. As detailed below, we have determined that the Higher Education Relief Opportunities for Students (“HEROES”) Act of 2003 grants the Secretary authority that could be used to effectuate a program of targeted loan cancellation directed at addressing the financial harms of the COVID-19 pandemic. We have thus determined that the January 2021 memorandum was substantively incorrect in its conclusions.
[…]
The HEROES Act, first enacted in the wake of the September 11 attacks, provides the Secretary broad authority to grant relief from student loan requirements during specific periods (a war, other military operation, or national emergency, such as the present COVID-19 pandemic) and for specific purposes (including to address the financial harms of such a war, other military operation, or emergency). The Secretary of Education has used this authority, under both this and every prior administration since the Act’s passage, to provide relief to borrowers in connection with a war, other military operation, or national emergency, including the ongoing moratorium on student loan payments and interest…”
PELOSI IN APRIL: "People think that the President of the United States has the power for debt forgiveness. He does not."
PELOSI TODAY: Biden's move to cancel student debt "is a strong step in Democrats' fight to expand access to higher education." pic.twitter.com/zr3PRKHjk5
— Townhall.com (@townhallcom) August 24, 2022
Surprised that they somehow found a way that it is legal for the Executive Branch to forgive student loans? Oh, and right before the mid term elections. Surprised that Pelosi did a 180° flip flop?
What about the graduates and graduate families that paid back student loans?
Why do current students get to be deadbeats on the taxpayers back.
Yes, deadbeats. That’s what people who don’t pay back loans used to be called.
Deadbeats.
Related:
2020:
"I've saved all my money. [My daughter] doesn't have any student loans. Am I going to get my money back?"Warren: "Of course not."
"So you're going to pay for people who didn't save any money and those of us who did the right thing get screwed."pic.twitter.com/Z19hR5Vsdg
— Daily Wire (@realDailyWire) August 23, 2022