REPORT: Joe Biden’s vote-buying program to ‘forgive’ student loan debt benefits wealthy families | The Gateway expert

Joe Biden’s attempt to buy the votes of young Americans by “cancelling” student loan debt — something the U.S. Supreme Court told him he couldn’t do — benefits wealthy families, not the needy and oppressed like the Democrats want you to believe.

This is maddening.

750,000 households receiving loan payments from Biden earn more than $312,000. By @NellieBowles: https://t.co/lL5qKmMJU2 pic.twitter.com/WYCsdbeWvh

— Karol Markowicz (@karol) April 19, 2024

Of the Free press:

Biden continues to pay off successful young voters: Sorry, I mean “cancelling student debt.” Biden paid off another $7.4 billion in student loans this week, bringing his total student loan cancellations to about $153 billion. And by cancelled, I mean that taxpayer money was used to drive the ledger to zero.

How much exactly? From Penn Wharton’s analysis: “We estimate that President Biden’s recently announced ‘new plans’ to provide relief to student borrowers will cost $84 billion, in addition to the $475 billion we previously estimated for President’s SAVE plan Biden.” But that goes to really needy people, right? Well, in reality, at least 750,000 of these households earn “a median household income of more than $312,000.”

Meanwhile, for anyone who questions this allocation of funds, the White House’s response is to shame them from the official White House accounts by listing how many pandemic loans have been forgiven to Republicans in the House of Representatives that own individual small businesses, which is strange because the reason why businesses needed this The relief from the pandemic came because the White House banned them from operating. It’s a trap! And the only solution is to pay off the loan of every Media Studies PhD student. Colleges, in turn, now charge up to $100,000 per year. Yes, literally. And since that will ultimately be paid for by taxpayers, why work to make it cheaper? Why cut corners if you have to renovate the cafeteria?

This is such blatant corruption.

Joe Biden is robbing plumbers, electricians and millions of hardworking Americans to pay off the mountains of debt of people making more than $300,000 a year.

This wealth transfer is robbery at its best. https://t.co/aCX3YN6nIo

— Steve Guest (@SteveGuest) April 19, 2024

Would Democrats impeach a Republican who ignored the SCOTUS and reached into the treasury to pay off his wealthy supporters? You bet they would. https://t.co/4Rep3NPiQq

— J (@ARaised_Eyebrow) April 20, 2024

750,000 of the households that “forgive” their student debt earn more than $312,000 per year.

Universities have no incentive to cut costs. The federal government will lend unlimited $$$ to anyone with a pulse and eventually forgive it all.

Bidenomy… https://t.co/VYj7C5E4RF

— Wall Street Silver (@WallStreetSilv) April 20, 2024

Biden is stealing from many Americans who didn’t go to college to pay off people who did. It is simply astonishing that this is allowed to happen openly.