USA 2020 Elections: Thread

[grarpamp]

> Biden Monetary-Waste

Bidenomics ... Steal from people, give it to other people
in form of never-free shit, inflate prices through subsidies,
command economies to non-best-free-higher-diverse use,
cancel their debt in order to steal more votes and raise
pathetic approval levels, clearly a total corrupt fraud.

That's $2B in waste and instant inflation,
and 30k students who just learned that
truly bad econ and pol are somehow "good"
in Biden's School of Garbage EconoPol.

The right thing to do now is for everyone in the US who
still have to, or ever had to, pay the Govt back even $1,
all subsidized home and school and business loans,
must now immediately lay protest siege to the Capitol
demanding refund under Biden-Dems "equal outcomes",
and demand Govt pay out their worthless paper Treasury
Bonds with all its hard gold cars realestate computers,
thus bankrupting the Govt forever.



Biden Education Dept Forgiving $2 Billion In Student Loans For Up To
30,000 Borrowers

https://finance.yahoo.com/news/student-loan-forgiveness-education-department-erased-2-billion-in-debt-160257619.html
https://twitter.com/SecCardona/status/1458839964620410886

Up to 30,000 student loan borrowers will have a cumulative $2 billion
in debt forgiven by the Biden Education Department, after a series of
major changes to the troubled Public Service Loan Forgiveness (PSLF)
program were announced.

In a Thursday tweet, Education Secretary Miguel Cardona announced that
"30K+ borrowers will get an estimated $3B forgiven." Of that, "Roughly
10K have already had $715M discharged" with another 20,000 to follow.

    Here are the details:
    ▪️ 30K+ borrowers will get an estimated $2B forgiven.
    ▪️ Roughly 10K have already had $715M discharged.
    ▪️ 20K will receive emails in the coming weeks.

    Check your inboxes!
    — Secretary Miguel Cardona (@SecCardona) November 11, 2021

"This is fantastic news for those who will have their debts cancelled
and demonstrates how the Biden administration has the power to make
life better for all people with student debt," Mike Pierce, executive
director at the Student Borrower Protection Center, told Yahoo
Finance. "With payments currently set to restart in less than 90 days,
there is much more work to be done for our public servants and all
Americans with student loan debt."

Created by Congress in 2007, the PSLF program supplies taxpayer
dollars for government and non-profit employees - including teachers,
nurses, service members, first responders and other public service
workers with federally-backed student loans to apply for forgiveness
after providing proof of 120 monthly payments under a qualified
repayment plan.

    ED's policy change in October was previously expected to result in
22,000 student loan borrowers with consolidated loans — which were
previously ineligible to be counted towards loan forgiveness —
becoming "immediately eligible" for $1.74 billion in forgiveness.
-Yahoo Finance

"The temporary waivers announced by the Department of Education have
been an actual life changing event for many of the borrowers we work
with," Betsy Mayotte, president of The Institute of Student Loan
Advisors, told Yahoo Finance, adding that she's received dozens of
notes from borrowers who "woke up this week to find that their balance
is finally zero."

According to the report, citing the National Education Association,
45% of educators took out an average of $55,800 in student loans to
attend college. Of them, 14% with an unpaid loan balance are carrying
$105,000 or more.

When it comes to service members, the NEA found last year that while
200,000 service members hold a cumulative $3 billion in student loan
debt, just 17,534 had submitted the proper paperwork to seek
forgiveness - while around 40% of those applicants were actually on
track for debt relief.

"As the burden of student loan debt has impacted ever larger swathes
of American society, the U.S. military has seen more service members
come onto active duty with student loans," said former former director
of military and consumer protection at Veterans Education Success,
Mike Saunders. "This means that PSLF has become a huge factor when it
comes to getting the all-volunteer force to reenlist past their
initial service obligation."