Today is the day that the Supreme Court will hear oral arguments about Biden’s student loan forgiveness program otherwise known as Democrat Voter Initiative #4,322,655 in an effort to buy votes from one of their targeted demographics.
The Democrats are all about handing out free money to their supporters, constituents and possible future voters and handing out $20K of free money to college students who are in debt would certainly do the trick.
The cases (two of them) which will be heard on Tuesday, are expected to result in a Supreme Court decision to be released sometime early this summer. About 26 million people have applied for the program. And why wouldn’t they?
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Meanwhile, payments on to the federal government on student loan debt are still paused. Yes, due to the pandemic, of course. The Federal Student Aid website says, “The student loan payment pause is extended until the U.S. Department of Education is permitted to implement the debt relief program or the litigation is resolved. Payments would restart 60 days later. If the debt relief program has not been implemented and the litigation has not been resolved by June 30, 2023, payments will resume 60 days after that.”
So…What are people going to do when all of the free government money ends and payments become due?
Between having to pay for their own student debt, SNAP payments ending, and people getting kicked off Medicaid… geez louise…people might have to go back to work or take care of themselves. How horrible.
Democratic Senator Elizabeth Warren certainly thinks it’s horrible. The Business Insider reports that she says that a FINANCIAL DISASTER could arise if millions of people actually have to pay their student loan debts and she released a report on the devastating effect of students having to pay back the money they owe.
Here’s my question…These students have had about three years that they haven’t had to pay their loans. So where is that money? If they didn’t save it or use it to pay bills, that’s on them.
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