The idiots in charge of America made yet another socialist move saying that they will cancel $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year, and up to $20,000 for Pell Grant recipients, while extending the pause on federal student loan payments through the end of the year.
Marvelous, guess who gets to pay for all of that? That’s right, all of us hard working saps, that’s who!
“In keeping with my campaign promise, my Administration is announcing a plan to give working and middle class families breathing room as they prepare to resume federal student loan payments in January 2023,” Biden tweeted.
Biden gave remarks on the plan Wednesday afternoon.
The Nation’s federal student loan dept now sits at more than $1.6 trillion after it’s ballooned for years. More than 43 million Americans have federal student debt, and college is the biggest scam in American history.
Biden said his administration will forgive student loan debt up to $20,000 for borrowers who attended college on Pell Grants and $10,000 for borrowers who did not receive Pell Grants. He said the forgiveness “only applies to those earning less than $125,000.”
Biden also said that borrowers with undergraduate student loans are able to “cap repayment at 5% of your monthly income.”
“Earning a college degree or certificate should give every person in America a leg up in securing a bright future. But for too many people, student loan debt has hindered their ability to achieve their dreams — including buying a home, starting a business, or providing for their family,” Education Secretary Miguel Cardona said in a statement Wednesday. “Getting an education should set us free; not strap us down! That’s why, since Day One, the Biden-Harris administration has worked to fix broken federal student aid programs and deliver unprecedented relief to borrowers.”
The more you read, the more you realize how stupid these people really are. Thanks to our friends at Fox News for contributing to this atrocity.
You can support The DC Patriot at the links below
FaithNFreedoms.com – Our Apparel Brand
PreparewithMatt.com – Long lasting food from our friends at My Patriot Supply
Patreon.com/MattCouch – Support our work on Patreon
Cash App: https://cash.app/$TheDCPatriot
I’ve overseen $1993 in no extra than 30 days by means of running action at my condo. Just while I’ve lost my work environment position, I changed into so upset nonetheless (11-fgg) serendipitously I really have looked through this on line mission that is the reason I am prepared to collect thousand USD from the comfort of my home. Anybody can get this calling and will get additional money on-line heading
following site — — — – >>>
I’ve overseen $1993 in no extra than 30 days by means of running action at my condo. Just while I’ve lost my work environment position, I changed into so upset nonetheless (11-fgg) serendipitously I really have looked through this on line mission that is the reason I am prepared to collect thousand USD from the comfort of my home. Anybody can get this calling and will get additional money on-line heading
following site — — — – >>> http://www.richjobz.blogspot.com/
Google is paying $27485 to $29658 reliably for going after the web from home. I joined this activity 2 months back and I have procured $31547 in my most memorable month from this activity. (zvvcfv-10) I can say my life has improved totally!
.540
Look at what I do… DailyIncome1
Google is paying $27796 to $29669 reliably for going after the net from home. I joined this hobby 2 months returned and I actually anu-225 have procured $34869 in my maximum memorable month from this hobby. I can say my existence has stepped forward totally!
Look at what I do————➤ https://www.bitlylinks.com/NOHcbZIFu