It’s an illegal giveaway of taxpayer money.
The Supreme Court ruled 6-3 that the Biden administration’s student loan forgiveness program for non-Pell Grant and Pell Grant recipients was unconstitutional.
But that didn’t stop Biden’s team of radical socialist bureaucrats in the Department of Education from doing a workaround and coming up with another plan to pay off student loans (and voters) and cost taxpayers billions.
Here are 3 things you should know…
1) Over $5 billion in new student loan forgiveness to be given
The Biden administration announced their new $5 billion student loan forgiveness plan that will help an estimated 80,000 people.
The White House issued a press release explaining the new giveaway as follows:
“Today, my Administration is approving another $4.8 billion in student debt cancellation for 80,300 people. This relief is thanks to my Administration’s efforts to fix Public Service Loan Forgiveness, so teachers, members of the military, nurses, and other public service workers get the relief they have earned.”
2) Billions have already been given away
So far, nearly $51 billion has been provided for 715,000 through the Public Service Loan Forgiveness, $42 billion has been provided for 855,000 borrowers through income-driven repayment, and $11.7 billion has been provided for nearly 513,000 borrowers with disabilities.
In June 2023, the Supreme Court ruled that the Secretary of Education did not have the power to cancel $10,000 in student loan debt for non-Pell Grant recipients and up to $20,000 for Pell Grant recipients.
3) Biden bribes millions of potential voters
The Biden administration is forgiving billions in student debt cancellation that it hopes will result in voters and volunteers.
Help us stop this Executive Order. It’s a waste of taxpayer money.
Your $10 or more will go a long way in our Turn America Around Fund as we target the right candidates in this upcoming election.
For example, with $10, we can reach 1,400 people.
For $20, we can reach 2,800 people.
For $50, we can reach 7,000 people.
For $100, we can reach 14,000 people.
For $500, we can reach 70,000 people.
For $1,000, we can reach 140,000 people.
This election will be historic because it’s what is required to Turn America Around…
We cannot continue with these radical policies. And we cannot allow weak candidates to get elected either.
It’s time for only the best candidate to win – candidates that put what’s best for the country first – not what’s best for them!
It’s time we restore the American Dream.
There are 3 ways you can donate:
- You can donate online HERE
- You can also call us at 615-490-8832 to donate between 10:00 AM and 3:00 PM CST.
- Lastly, we’ll accept a check made payable to Turn America Around Fund mailed to us at our office located at:
Turn America Around Fund
1313 4th Ave N
Nashville, TN 37208
Thanks in advance for your help and support.
And thanks for joining me in prayer to turn America Around.
One Comment on “Deep State Bureaucracy Lawless in DC: Biden Executive Order to Give $5 Billion In Student Loan Forgiveness—Here are 3 Things You Should Know”
Government student loans are already subsidized. Many students didn’t “qualify” for government loans are were forced to get private loans at market rates. Instead of further helping borrowers who already had help, I would rather help broaden the government loan program.