White House attacks Republicans over student loan plans | Washington Examiner
By: Washington Examiner
KEEP IT CIVIL.
KEEP IT ON TOPIC
FORMER PRESIDENTS AND THEIR SUPPORTERS ARE OFF LIMITS.
TAKE TROLLING ELSEWHERE
S E E D E D C O N T E N T
The White House is attacking Republicans over student loans as the issue remains unresolved ahead of the midterms.
President Joe Biden announced a $500 billion student debt transfer on Aug. 24, but the program has since gotten bogged down in courts with more than a half-dozen lawsuits filed trying to stop it from going through. The White House released a "by the numbers" sheet Thursday lashing out at the GOP over the issue.
"The Biden administration's student debt relief plan will benefit working and middle-class families the most," it reads in part. "Republican officials across the country, however, have a different plan. Rather than easing the burden of loan debt for tens of millions of Americans, Republican officials have sued to prevent those hardest hit from the pandemic from getting relief."
A coalition of six GOP-led states have sued over the issue and a judge has temporarily halted the program pending further review. The Biden administration countered by making a preliminary application for "relief" available, which it says close to 26 million borrowers have filled out. Roughly 40 million Americans hold a collective $1.7 trillion in student loan debt.
"If Republican officials get their way, tens of millions of Americans' monthly costs will rise dramatically when student loan payments resume next year," reads the White House release. "Working and middle-class Americans who could have up to $10,000 or $20,000 of their student debt relieved under the Biden Administration's plan will remain under the burden of loan debt."
The release further breaks down who will get debt relief if the plan goes through, saying 20 million borrowers would have their remaining debt eliminated, and that 40% of the money owed is from people who earned a certificate rather than a degree.
Republicans point to the 87% of the population that does not have student debt, predicting a "blue-collar backlash" among people who either didn't attend college, attended without taking loans, or paid off their loans.
They also hold that the program is clearly against the law because only Congress has the power of the purse under the Constitution.
"At no point has the government made a plausible argument that the underlying policy is legal," Pacific Legal Foundation attorney Michael Poon told the Washington Examiner. "The administration's 'lawmaking by press release' is clearly unconstitutional."
In a statement to the Washington Examiner, Rep. Virginia Foxx (R-NC), the ranking member of the House Committee on Education and Labor, blasted her Democratic colleagues as "shameless" for promoting the program, and said, "Instead of pushing this kind of policy," they "should join Republicans back at the drawing board so we can work together on a sensible, bipartisan policy."
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So it's the Republicans fault Biden's policy is blocked by the courts?
You seeded the article, did you not read it?
Now apply critical thinking and common sense to figure out why and who blocked it.
Critical thinking is what shows that "A coalition of six GOP-led states", is what initiated the block Or is that thinking too "critical" for you?
Very good. They initiated the court case that caused the block.
Here's another question for you.
Judge Henry Autrey, is he a republican or democrat?
Want a clue? He was appointed by one of the Bush's.
Like republicans.
What an ignorant lie. The very first comment , by the seeder, brought politics into it.
White punks on dope .....
The first commend did NOT bring the politics of the judge into it. YOU did that in 1.1.4. You want to spin bullshit and make shit up take it somewhere else.
I provided a link to it because I knew you'd claim otherwise. You did.
I was correct, as my link proved. But go ahead and keep digging.
He was right about raising taxes 7 times? Okay, you go girl!!!
I provided a link to the quote, even you should know how to click on it.
WPOD
But the White House seems vague and reluctant to discuss on how the student bailouts will be paid for, when every thinking individual knows full well that the American taxpayer will ultimately foot the bill for Biden's I'll conceived plan.
Actually I don't think they have thought that far ahead. And neither have the idiots supporting this. It's all about attempting to get the votes.
People who didn’t choose to go to college, will pay for those who did.
Ridiculous.
Exactly!
Actually I thought the White House was quite clear. Biden stated seeing how the deficit had been reduced by so much this year that they could pay for this with deficit spending. In other words just put it on the ol' credit card. So you are also correct, the American taxpayer will pay it off.
Do they ever?
College costs are already out of control.
College loan forgiveness would just make it worse.
College loan forgiveness is one of stupidest ideas liberals have ever come up.
They are rewarding colleges for raising prices.
Insane,
College costs out of control?
Enter law school in 2011 - graduated 2015 - total cost $36,000. Began paying off loan of $36K in 2013. At present time, with all payments made even during the "pandemic", my loan balance is $32,000.
So, in 9 years of making mandatory payments and not skipping a single one, my loan "balance" has only been reduced by $4,000????
Have made payments of $242.80 A MONTH for 9 years - I've paid $28,222.40 for a $36,000 "Federally insured Student Loan" at 6.75% interest.
Who's getting futched now, eh???
BTW - was medically retired due to a massive cardiac arrest 3 days before graduation on 5/15/15 - so much for using/applying my law degree
But, I am continuing to make my "required" payments. It's the "legal" thing to do.
Sorry to hear about your medical issues but that’s how loan interest works. Interest payments are murder until principle gets significantly paid off.
And respect that you continue to pay off the loans you voluntarily entered into. It is the right thing to do. I’d expect no less from a Devil Dog.
Hooo Rahhh - Semper Fi
(Don't forget our birthday next week)
Semper Fi my brothers!
Could never happen .... Chesty would haunt us.
Happy early 247th brothers. That includes you doc.
The Devil Doc says thanks.
Loved it when they approved Combat Corpsman to pin on the Eagle Globe and Anchor. Watched an 85 year old Korean War Vet cry like a baby when we pinned it on him.
Long overdue!
I remember when I made E-4 I had to walk the line while Marines on either side of me punched me in each arm to tack on my E-4 patch. Tradition can sometimes be painful and had bruises on both arms but it was worth. The Corpsman I replaced refused to do it and was not respected by the Marines in the unit.
Forgiving student loan debt isn't a bad Idea but we need to actually bring bills forward and those bills need to offer up a plan to actually pay for the loans. We could put a moratorium on weapons sales and weapons gifting for a year and likely accomplish this all while making the world a safer place.
It's a shitty idea and the plan has always been in place. You take out a loan - you pay back the loan. You don't put the financial burden on those who either didn't take out the loan or already payed back their loans
You are not wrong, the cost of education has become so high that it is becoming unreasonable for someone to graduate and actually repay the loans. We need to examine the entire higher education system. We need to also stop funding educations that will not result in an advancement in society that will allow the borrowing individual to competently repay the loan.
I am seeing college educated applicants with one or more degrees without the ability to communicate verbally or write. Even more alarming is the number of them incapable of basic arithmetic. I pass on them all the time, many even though degreed only have skills needed in the service industries. They were obviously promoted under lax requirements or wasted 4 to 6 years of their lives on ridiculous educational pursuits.
You are partially correct. Yes, the education system is too expensive. The whole thing starts with the person taking the courses / taking out the loan. Does a job in the field of the degree pay enough to repay the loan? Many times that isn't even thought of. All they see is a college name and nothing more.
Me too.
So I don't/can't buy a rifle or handgun for a year and that pays for it how? Makes no sense. Now, if you meant the government not BUYING any further weapons and using that money for this, that is a different story.
I think you misunderstood what I said. I was alluding to our government's addiction to arming other nations. You and I pay for that and the amount we pay is obscene. I'd rather see an investment in relieving those pursuing education in hopes they would be able to contribute something positive. Pushing weapons as our government does is in investment in death and destruction, something most of us oppose.
I see now. It wasn't really clear that you were speaking only of GovCo and their give away. But not all "arming" is a give away. Some countries pay
We aren’t “addicted” to arming other nations. We do sell weapons to our allies that helps support their safety, security and our geopolitical goals.
Addiction is not the right word. Not at all.
"..something most of us oppose."
Just curious who the "us" is you are referring to?
Do we always? Or do we sometimes forget to invoice them?
I don’t know, I’m not privy to what goes on with those books but nothing would surprise me.
Why isn't this a case of Biden bailing out fraudulent schools and colleges? Seems apparent people were tricked into paying for some sort of education that has less value than the hype claimed.
So, it looks like Biden is trying to ignore fraud, scams, false advertising, and other tricks higher education uses to cheat people. Biden should be looking at applying racketeering laws rather than trying to sweep the criminal behavior under the rug.
That would be logical and require common sense thinking on the part of Biden and his minions, therefore it does not apply.
Yep, if someone is to forgive students loans, it should be the colleges themselves.
Dig into those massive endowments many of them have accumulated.
People that paid their bills should not have to make up for those who won't
That is a starting point in what is wrong with this idea. It is immoral to have working people pay off a student loan for those who will benefit from a society that has given such a great reward to those who earn a diploma. The way Biden did it is very likely un-Constitutional. Finally, it has backfired politically. Even the people it was meant to benefit won't get those benefits until after the election and most everyone else resents the idea.