Biden continues to push student loan forgiveness scam

 Washington Examiner:

President Joe Biden wasted little time crafting new plans after the Supreme Court struck down his student loans plan.

Despite the court ruling his $430 billion debt transfer was illegal and Congress overturning it, the Biden administration rolled out a new action last week and promised to keep pushing through the 2024 elections.

"President Biden continues to fight for student loan borrowers on all fronts," a White House official said in a background statement.

That plan includes what the Department of Education describes as an "adjustment" to the existing income-driven repayment program that results in $39 billion in canceled loans for 800,000 borrowers. While that is less than 10% of the dollar total of the original loan forgiveness scheme, the political result is largely the same — officials will tout their efforts to help borrowers while Republicans cry foul.

House Education and Workforce Committee Chairwoman Virginia Foxx (R-NC) immediately decried the latest move as a cynical campaign ploy, calling it "a desperate Hail Mary attempt to save his bid for reelection."

"It’s embarrassing, but more importantly, his willingness to ignore the Supreme Court and thumb his nose at the rule of law reveals a man who believes his power is absolute," Foxx said. "That is not someone who deserves to lead our great Republic."
...

Biden is determined to not let the Constitution or the courts block his illegal vote-buying scheme. 

See, also:

Biden's new student loan forgiveness program will cost $475 BILLION over the next 10 years, economic model predicts

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