Sunday, July 16, 2023

Millions Duped by Biden’s Student Loan Lies: False Promises Prey on Our Youth; FALSE HOPE? Biden Gives Truly Awful Response to Reporter Asking the Obvious About His Student Loan ‘Forgiveness’

Illustration by Greg Groesch/The Washington Times
Millions duped by Biden’s student loan lies:
False promises prey on our youth
Faith in our government institutions has declined in recent years to the lowest levels in history, and it’s not hard to understand why.
White House and Department of Education lawyers knew the odds were long they’d get the Supreme Court to uphold President Biden’s student loan bailout scheme, yet they deliberately misrepresented their chance of success.
By the millions, Americans refused to look critically at the law and fell for one of the biggest lies in American political history. Sure, then-President Barack Obama’s claims, “If you like your doctor, you can keep your doctor. If you like your plan, you can keep your plan,” still takes the cake, but Mr. Biden’s deception about student loan forgiveness isn’t far behind.
The Affordable Care Act lies affected the health care and finances of virtually every American. Similarly, the White House’s continued use of the pandemic to justify student loan forbearance and providing false hope to tens of millions of borrowers has made the education debt crisis even worse.
Student loan borrowers, particularly younger voters, should be reminded that they were intentionally duped by Democrats who pushed this pipe dream in 2020 and 2022 to boost their numbers at the polls. Now, they are trying to do it again for 2024 with the White House’s “plan B,” which may have even less of a chance for success.
Republican candidates should hammer the message that loan payoffs were so transparently illegal, because both Mr. Biden and Rep. Nancy Pelosi have said as much during their combined near-century in Washington.
People who thought that Mr. Biden was going to pay off their loans got played like a fiddle. The White House bet that low-information voters wouldn’t understand checks and balances or appreciate the administration’s losing record in the courts over its blatant abuses of power.
The higher education establishment isn’t providing the economic ladder it once did. The reasons are simple market principles. Most Americans are still catching up to the reality.
Fifty years ago, a college degree was a badge of honor. It was a sign of academic achievement and gave job-seekers a status that had real value. As standards dipped and college attendance grew, the value of the degree declined. --->READ MORE HERE
Photo: Chip Somodevilla/Getty Images
FALSE HOPE? Biden Gives Truly Awful Response to Reporter Asking the Obvious About His Student Loan ‘Forgiveness’:
If President Joe Biden had any remaining shame, it vanished Friday night. Not only did the president say the Supreme Court misinterpreted the Constitution when it struck down his student loan handout, but he claimed that he never gave any “false hope” when it comes to “forgiving” student debt.
Biden spoke at the White House hours after the court struck down his student loan scheme in Biden v. Nebraska. He announced he will try a new path for student loan forgiveness, using the Higher Education Act of 1965. His most shocking comments came in response to a brave reporter who asked whether he had given borrowers “false hope.”
“I didn’t give any false hope,” the president said. “But the Republicans snatched away the hope they were given, and it’s real—real hope … . I think the court misinterpreted the Constitution.”
SHOCKING: Joe Biden lies through his teeth, saying, "I didn't give anyone false hope" on student loan "forgiveness." Sure, Congress 100% meant that non-college-educated Americans should pay off other people's student debt when they passed the HEROES Act in *checks notes* 2003
— Tyler O'Neil (@Tyler2ONeil) June 30, 2023
Earlier in his remarks, Biden attacked the six Republican attorneys general for suing to block his student loan scheme.
“These Republican officials just couldn’t bear the thought of providing relief for working-class, middle-class Americans,” he said. He condemned as “hypocrisy” Republican votes in favor of the Paycheck Protection Program during the COVID-19 pandemic and votes against his student loan scheme.
Yet Biden, a longtime politician, must have known from the beginning that it was an extreme stretch to argue that the 2003 Higher Education Relief Opportunities for Students Act justified canceling about $430 billion in debt for borrowers across the U.S. He must have known that this scheme would almost certainly never hold up, so it was indeed the falsest of hopes. --->READ MORE HERE
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