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Trump’s Vice President pick JD Vance says…
Biden’s student loan handout is “unfair and illegal.” And he’s right.
In his 2020 campaign…
President Biden promised to forgive student loan debt for borrowers earning up to $125,000 a year, targeting those with undergraduate tuition from public universities.
He developed a plan to cancel $10,000 per borrower and $20,000 for Pell Grant recipients, which he announced in August 2022.
Republicans and many Americans STRONGLY opposed the plan.
JD Vance was one of them.
As he said…
“Forgiving student debt is a massive windfall to the rich, to the college educated, and most of all to the corrupt university administrators of America. No bailouts for a corrupt system. Republicans must fight this with every ounce of our energy and power.”
Adding that…
“Thanks to Tim Ryan and Joe Biden, Ohio workers are paying off the loans of Harvard Law students. If this seems unfair and illegal, it’s because it is.”
The Supreme Court BLOCKED Biden’s handout plan…
Yet the White House continued its pursuit of it.
Frankly, this student loan forgiveness thing is a slap in the face to those who have actually paid their loans.
It’s also a slap in the face to those who could not afford to go to college but took other professions.
But above all, it’s a cheap trick to buy votes with YOUR money.
Meanwhile, there’s no solution for Social Security’s trust fund problems.
And those who actually paid into the system could end up facing a CUT on their deserved SS checks.
Yours in Wealth,
Ian Wyatt