President Joe Biden made the announcement on Monday night that 30 million consumers ‘ student loan debt would be reallocated.  ,
I promised to continue using every resource at our disposal to provide relief to student loan lenders.
That’s why now we’re announcing fresh strategies that, if implemented, may cancel student debt for thousands more. photograph. twitter.com/rNiCxzzlU3
— President Biden ( @POTUS) April 8, 2024
Advertisement
The action is being criticized as a “huge mid finger” for the working class and a sarcastic campaign to win votes in a year of elections.  ,
I filed the lawsuit that put an end to Joe Biden’s student loan debt compassion con as the attorney general of Missouri. It saved citizens half a trillion dollars.
He’s at it again — in a sarcastic effort to buy votes. It’s a large center hand to those who paid them back, or worked their…
— Eric Schmitt ( @Eric_Schmitt ) April 8, 2024
President Biden is blatantly raiding the Treasury to transport billion in student loan debt to the citizens, yet again, ignoring the Supreme Court.
He’s using your money to buy seats.
It’s Biden– no President Trump– who is a risk to politics.
— Tom Cotton (@TomCottonAR ) April 8, 2024
Education Secretary Miguel Cardona made fun of the Supreme Court during a visit with reporters on Monday night.  ,
” When the Supreme Court struck down the President’s boldest student debt reduction program, within hours, we said,’ We does n’t be deterred,'” Cardona said. We made the announcement that a fresh rulemaking procedure would help consumers who are owed money under the Higher Education Act.
Recommended
Advertisement
By hook or by crook, freely or otherwise, Old Joe will do anything to move billions of dollars in undergraduate loans from lenders to citizens. No respect for the courts or Congress. Determined and sad ballot- buying scheme. https ://t.co/Iq1S5XjAHv— Phil Kerpen ( @kerpen ) April 8, 2024