Category Archives: Student Loans

Biden to the Working Class…Drop Dead!

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The editorial team at the Washington Examiner published an opinion lashing out at Joe Biden over the proposed student loan cancellation scheme.  Biden this week announced a strategy to take up to $10,000 per student — $20,000 in some cases – and relieve them of the obligation to repay that amount.  The cost is estimated to be about $300 billion.  This is a little over 1/6 of all student loan debt.  This attempt by Biden to buy votes means that the taxpayers will be on the hook for the money.

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Up Yours, America

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Joe Biden and the Democrats just gave real Americans the middle finger.  In an attempt to buy votes in the upcoming elections, Biden’s handlers had him cancel $10k to $20k in student loan debt for those who have federal government loans.

Additionally, Biden has extended the “COVID emergency payment moratorium” through the end of the year.  No one with a federal student loan needs to restart paying until after the midterm election, in 2023.

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Economic Security

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Economic security is the foundation for national security.  How did PDJT get elected in 2016?  His views on the American economy, his belief in the American worker set him apart from the crowded Republican primary field in 2016 and propelled him to the forefront.  Despite being outspent more than 2 to 1 in the presidential election, Trump prevailed because he was able to communicate this foundational idea on economic security to the public.

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Student Loan Crisis Cause Identified

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Elsewhere on Capitol Hill last week, there were other appearances of the clown show that is the Democratic majority in the House of Representatives.  Congresswoman Maxine Waters (D-CA), who has been a member of the House Financial Services Committee since 1991, was named chair of the committee in December.

Last week Ms. Waters showcased her ignorance in regards to the student loan crisis.  She was grilling bank execs about how they were helping out with the student loan crisis.

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