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Biden Announces New Rules to Make Millions
More Eligible for Student Debt Relief

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Posted By: earlybird, 7/31/2024 11:03:41 AM

President Joe Biden announced new rules on July 31 that make millions more borrowers eligible for student loan debt relief. “Today, my Administration took another major step to cancel student debt for approximately 30 million Americans,” Biden said. “We won’t stop fighting to provide relief to student loan borrowers, fix the broken student loan system, and help borrowers get out from under the burden of student debt.”

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Reply 1 - Posted by: DougTN 7/31/2024 11:10:06 AM (No. 1769908)
Buying votes with other peoples money. This is The Way.
24 people like this.

Reply 2 - Posted by: Krause 7/31/2024 11:17:59 AM (No. 1769912)
So Obama and other dem poobas shove Biden out of the race, but still tell him what to do. He must be getting a big reward to be so abused. Humiliating. While Jill enjoys herself at the Olympics.
20 people like this.

Reply 3 - Posted by: DVC 7/31/2024 11:31:58 AM (No. 1769918)
How to make a guy who drive a ten year old pickup pay for some lawyer's BMW loan.
29 people like this.

Reply 4 - Posted by: Quigley 7/31/2024 11:36:29 AM (No. 1769920)
Hopefully he won't give the Iranians nukes on his way out the door and on to Hades.
9 people like this.

Reply 5 - Posted by: MarkTwain 7/31/2024 11:37:53 AM (No. 1769922)
Hello, my name is Joe Biden. We'd like to pretend to pay you for your vote before we steal it.
18 people like this.

Reply 6 - Posted by: jasonB 7/31/2024 11:39:11 AM (No. 1769924)
So this dummy was about to get the 25th Amendment treatment, and YET, he's still writing EO's?? Hello Congress? DO YOUR *^(_(&*&%^$ JOBS!!!
22 people like this.

Reply 7 - Posted by: franq 7/31/2024 11:50:37 AM (No. 1769928)
"Rules"? You mean instead of laws? Instead of regulations? What is he doing? Does HE even know?
11 people like this.

Reply 8 - Posted by: BarryNo 7/31/2024 11:51:10 AM (No. 1769929)
He's not fixing anything. Just vote-buying on a massive scale.
14 people like this.

Reply 9 - Posted by: ThreeBadCats3 7/31/2024 11:51:51 AM (No. 1769930)
Those like myself who worked evenings and summers then signed for another loan before each semester are supposed to be happy to pay for free rides for others. No wonder you can’t find anyone to mow your lawn.
11 people like this.

Reply 10 - Posted by: john56 7/31/2024 11:53:44 AM (No. 1769933)
Like every other "aid" programs there is a line at the end that says "you and I aren't getting a dime of this."
6 people like this.

Reply 11 - Posted by: valinva 7/31/2024 12:01:57 PM (No. 1769941)
Meanwhile back at the Treasury, the National Debt reached 35 TRILLION and the interest that is paid on that debt is now 2 BILLION a day which annualized is well over what we pay for the entire military budget.
10 people like this.

Reply 12 - Posted by: jalo1951 7/31/2024 12:10:57 PM (No. 1769944)
All the while my son pays on his loans and his dad and I help him each month. My husband paid his way through college when the cost of school was actually reasonable. No college, none, is worth $50,000 and up for a year. Plus most of the uppity colleges have BILLIONS in the bank. If you want a college education you pay for it. Now that we are retired, trying to help our son, FJB wants me to pay for someone else's bill. You signed the papers, it's your responsibility. You want to study transexual, black, nonbinary poets and their influence on society go ahead. But I should not have to pay for it.
21 people like this.

Reply 13 - Posted by: LC Chihuahua 7/31/2024 12:22:02 PM (No. 1769946)
Democrats buy votes. The other thing is I strongly suspect there is a lot of student debt that will never be repaid, and this is a way to get it off the books.
5 people like this.

Reply 14 - Posted by: kono 7/31/2024 12:36:16 PM (No. 1769954)
This "debt relief" is going to cost enough to nudge many others into debt to cover the taxes for it. When can we hear their plan for Student Debt Relief Payments Debt Relief? Yeesh.
2 people like this.

Reply 15 - Posted by: snapper451 7/31/2024 12:39:35 PM (No. 1769956)
Yep, no one is above the law, rule of law applies. Just not when it disagrees with Democrat pandering/vote buying.
3 people like this.

Reply 16 - Posted by: thekidsmom66 7/31/2024 1:28:01 PM (No. 1769989)
Correction: Biden makes millions more dollars availabe in order to try to buy more votes
2 people like this.

Reply 17 - Posted by: Rumblehog 7/31/2024 2:41:55 PM (No. 1770023)
On Day ONE of President Trump's term he should make the DNC responsible entirely for the money Senile Joe is spending that has NOT been voted on by Congress and that has already been ruled as UN-Constitutional by the Supreme Court. Pedo Joe is violating the LAW and his own Party is aiding and abetting a CRIME. Pull the PLUG on PLUGS.
2 people like this.

Reply 18 - Posted by: JimBob 8/1/2024 2:10:56 AM (No. 1770322)
Corrected Headline: "Biden Announces New Rules to Transfer the Unrepaid College Loans from Millions More Deadbeats and Put the Cost on Working Citizens,"
0 people like this.

Reply 19 - Posted by: mifla 8/1/2024 5:26:31 AM (No. 1770360)
And once again, this will be shot down in the courts.
0 people like this.

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Posted by earlybird 7/31/2024 11:03:41 AM Post Reply
President Joe Biden announced new rules on July 31 that make millions more borrowers eligible for student loan debt relief. “Today, my Administration took another major step to cancel student debt for approximately 30 million Americans,” Biden said. “We won’t stop fighting to provide relief to student loan borrowers, fix the broken student loan system, and help borrowers get out from under the burden of student debt.”
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