https://www.foxbusiness.com/politics/biden-cancels-1-2-billion-student-debt-six-months-schedule this article goes on to say that this plan will cost 470 billion dollars over a ten year window. This was not passed by congress and ultimately will fall on the tax payer. We have a system that rewards voters and not the country. It’s a pay to vote program as it sits. There have been other studies that show this will have very little economic benefits and possibly worsen inflation. I do not agree with this scheme to get votes because it comes in the back of working people who did not sign up for these loans. Loaners should pay their own debts for their own contracts they ultimately signed. This is theft.
Congress will not challenge this which is sad as the executive branch has no CONSTITUTIONAL MANDATE to do this. It is not their money to spend
So as far as Joe "Clueless" Biden and Kamala "Giggles" Harris are concerned the decision by SCOTUS was more of a suggestion than a ruling?
Its a win win. The leftie professors teaching unmarketable skills keep the money and those buying this inferior product get to pass their bad decision onto the shoulders of those who made wise choices in life.
Maybe the government should pay off it's own debts, like a multitude of billions for many wars we didn't need and nobody else needed. I recall one reason for the War in Iraq was to restore our reputation after losing in Vietnam. Now I guess Ukraine is to recover our reputation after losing in Iraq, ... and Vietnam.
