PAYING THE BIDEN BRIBE ON STUDENT LOANS

PAYING THE BIDEN BRIBE ON STUDENT LOANS

By: Derek Varsalona

President Biden is acting like Oprah Winfrey.  Instead of everyone getting a new car or new house everyone is going to get their student loan paid off.   You get your loan paid off, I get my loan paid off and everyone is going to get their loan paid off.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     But there is a catch to this.  You see nothing is free in life kiddos.  In order to get your loan paid off President Biden is going to want something from you in return.  That is he is going to want your votes, so it seems like a pay off a student loan seems like a ransom in my view. 

The U.S. Supreme Court already declared that the way President Biden is going about paying off the student loans is unconstitutional and that they need to find another way to go about doing it.   But did President Biden listen?  No, no he didn’t.  Not only did he not listen he seemed to go about forgiving the student loans the same way that the Supreme Court declared was unconstitutional in the first place.

According to President Biden, an additional 227,000 Americans will have their student loans forgiven.  What is next?  Will your mortgage be forgiven?  What about the people who worked their way through college and did not take out a student loan.  How are those people compensated?  Also, how about the people who decided to save money and go learn a trade like a carpenter, electrician or plumber, etc.  Are those people going to be compensated for making a better career choice in the long run?

By paying off the student loans of thousands of Americans the people do not learn a single most important thing.  They do not learn the fact that people are responsible for their own actions in life.  You took out a loan to go get an education.  Now, you should have to pay back that student loan and try your best not to bring on additional interest on the debt that you accumulated.

President Biden bribed America by forgiving $153 billion dollars in student debt for 4.3 Americans through various actions.  However, these borrowers do not learn any responsibility in the long run.  A policy that could be enacted is to forgive a student loan if the people give some time and service back to their community as a volunteer, or they do military service.  That will show that the borrower is taking responsibility for their own actions and giving back to their country and community for the payback of their student loans.    Paying back student loans without the borrower giving back to their country in return is not relief it is paying the Biden Bribe for Votes.  As always comments accepted.

Paying the Biden Bribe

Source: President Joseph R. Biden. “ President Joe Biden Announces $7.4 Billion fin Student Debt Cancellation for 227,00 More Americans, Pursuing Every Available Path to Cancel Student Debt.” The WhiteHouse. Washington, DC: Friday, April 12, 2024. 

https://www.whitehouse.gov/briefing-room/statements-releases/2024/04/12/president-joe-biden-announces-7-4-billion-in-student-debt-cancellation-for-277000-more-americans-pursuing-every-path-available-to-cancel-student-debt/