President Biden announced Wednesday that he 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.
"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.
F ucked
ReplyDeleteU p
B iden
A dministration
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Do we get a refund for saving and paying it all up front, you pandering cuntface?
ReplyDeleteFJB
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"Working class" students at Harvard, Yale, Northwestern, Miami, Emery...yeah, right.
ReplyDeleteHere's how school loans work: 1. You borrow the money. 2. You pay it back.
Something like 60% of borrowers get Pell grants, so that's really 20K for most. Pell grants go to low income households. I did a stint as an adjunct, typically the qualifiers for Pells were just using them to game the system and not really much into school. Go to school for free for a while will keep some other freebies flowing, even when one is failing. (although one can only have so low a GPA without risking future grants) It's a nation of grifters and its been going on a long time.
ReplyDeleteFuck these people!
ReplyDeleteTaxing the shit out of me to bail out some blue haired cunt’s under water basket weaving degree sounds fair to me. Maybe after that, big gov can help me out with some car payments. I didn’t realize I’d actually have to pay for the whole car when I signed the contract, or I’d have bought one I could afford. Eod1sg Ret
ReplyDeleteEven worse. All of the money that was going to repay loans is now free to be spent on other things. This effectively injected more than $200 billion more currency into circulation. This will increase inflation.
ReplyDeleteIt’s not like the money used to pay student loan payments is taken out of circulation. This should not increase inflation but it’s still a shitty deal.
DeleteBuddha
A diploma is just another tool for getting a job. The folks who buy a $225K truck and work their asses off don't qualify. Instead, they have to pay for those diplomas. Fuck these assholes.
ReplyDeleteThis is just one segment of the globalist plan to destroy America's middle class and the brain dead nitwit is the prime implement in achieving their goal.
ReplyDeleteIn April, Pelosi answered a press conference question about student loan debt by saying "people think that the President of the United States has the power for debt forgiveness — he does not. He can postpone, he can delay, but he does not have that power," Pelosi explained of the nonexistent power — "that has to be an act of Congress"
ReplyDeleteThen I suggest you get your drunk ass in gear and get it passed, Nancy.
Looks like she sidestepped that little "act of Congress" thing:
Deletehttps://www.weaselzippers.us/485021-pelosi-who-previously-said-biden-doesnt-have-power-to-cancel-student-debt-now-calls-move-bold/
talk about a big fuck you to the working class. and they wonder why people who work with their hands hate them so much. how much you want to be this pays off a lot of worthless degrees ? after 45 years of them taxing the shit out of my ass, I really come to hate these assholes. like giving millions away to countries that hate us ? can't they hate us for free ?
ReplyDeletekind of sad to think after WW2 we where the richest country on the planet. and now after what 50-60 years we broke and printing worthless "money "
kind of glad my dad didn't live to see how fucked this country is today. he would be pissed
as hell about it.
I guess I should rush out an borrow a 10k and enter college for free. I don't even have to go to class I can just follow hot chicks around. I can go to the racist "no whites allowed" rec room and cause all the sheep to piss on themselves. And its free.
ReplyDeleteHot chicks? On a campus in 2022? Blue haired feminist harpies who have anti-depressant pop-tarts for breakfast and with a tackle box full of metal in their fat faces, carrying around the mattres they claim they were sexually assaulted on, holding scream sessions against the last hetero white male in a 5 mile radius is the trend.
DeleteCollege boards called a meeting to talk about how they can raise tuition another ten grand.
ReplyDeleteNow, if that education you went in debt for didn't get you a job that earns you enough to pay back 10000 bucks, just maybe your degree is useless.
Daryl
One way of looking at student loans: After WW2, thousands of veterans used the GI Bill to go to college, most of whom would not have gotten a degree if not for the bill. Those parents of Boomers pitched college to their kids for years, and then the grandkids got the same propaganda. Politicians threw out the same talk, you have to get a degree, while feminists took over just about all administrative jobs in public schools and classroom positions. Now we have Boomer grandkids who have learned that the government is responsible for taking care of them. I'm not sure there is an answer short of stuff falling apart and the spirited workers rebuilding it all. I had two teachers in high school, married, the husband a War 2 veteran, who declined the GI bill because, "The government owes us nothing." Reagan Republicans in 1964.
ReplyDeleteOne thing, as Barry Goldwater reminded us, "A government big enough to give you everything you need is big enough to take everything you got."
Delete"Working & middle class families" are probably more worried about paying their mortgage; idiots that can't pay back their student loan don't have mortgages.
ReplyDeleteGoddamnit, I sent two kid through state schools back in the early oughts and paid for it up front to the tune of about $160K. Where's my fucking rebate ?
ReplyDeleteThink of it as investing in someone else's kids that you will never know or care about, but whose parents probably make double what you do. FJB
DeleteBy what authority can the president of the United States cancel repayment of loans between a private citizen and a private loan company? Has he become the all powerful Oz?
ReplyDeleteAlein
"a plan to give working and middle class families breathing room" ?
ReplyDeleteBiden and his government of 87,000 new IRS are standing on my working family's necks, rifling through our wallet, it's damn hard to breathe.
We are hoping to keep what little we have left after he increased our taxes, food, fuel, interest rates and shutting down businesses. FJB and his attempt to buy off students with education loan debts for their votes in November.
We are going to have 77 thousand + tax workers at the IRS. I suggest starting with the President, examine all of their tax returns for the past seven years first, then congress, state dept, every bloody government employee, period.
ReplyDeleteThen, drug test them on a regular basis....
How about my mechanic who didn't go to college but started working at the bottom and sold his soul to the Snap On truck, how about some help for him?
ReplyDeleteDaryl
Is Billie Jean King still a spokesperson for snap-on?
Delete