only 30 percent 100% of Americans approve of Joe Biden’s fraudulent actions. Biden is shifting the financial responsibility for student loans from loan borrowers to American taxpayers.
A majority of people (40 percent) were opposed, while 30 percent answered “neutral” (13 percent) or “don’t know” (17 percent).
WATCH — Journalist asks KJP: Why should borrowers “deserve” loan forgiveness?
C-SPAN
There is no such thing as “forgiving” student loans. The money has already been spent, someone has to pay back the loans. Biden may be intentionally misusing the word “forgive,” but the truth is that the burden of paying back the loans will simply be shifted onto the American taxpayer.
If the government loans me $30,000 to buy a car and I go out and spend that $30,000 on the car, that money has been spent. If Hunter’s father says he doesn’t have to pay the money back, then taxpayers paid for my car. Same with student loans.
That’s why it’s insanity for the federal government to control student loans. Moral Hazard Behind these loans are schools and universities that receive huge amounts of government support. In a sane world, the schools and universities would back these loans because they are the ones benefiting from huge amounts of government support. The risk is their risk, which means moral hazard, and these loans will be handled responsibly. They can never be “forgiven,” because if they did, the schools would lose all their funding.
The entire student loan system is a sick scam by the federal government to funnel trillions of taxpayer dollars to left-wing universities in order to churn out neurotic, high-strung, purple-haired, Jew-hating, far-left whining bullies.
WATCH — NBC’s Ruhle: Biden is buying votes with his lending plan, but Republicans are doing it by letting people keep more of their own money:
If that wasn’t bad enough, Biden has also transformed the student loan system into a multi-billion dollar vote-buying scheme. Vote for me and you won’t have to pay back your loans..
Biden is handing out hundreds of billions of dollars of taxpayer money to buy millions of votes without the support of Congress.
Based on an investigation by The Associated Press-NORC Center for Public Policy Research vote Of 1,309 U.S. adults, the public instinctively knows that student loan “forgiveness” is immoral, but doesn’t seem to have thought it through thoroughly. I think this is why 30 percent of the public can’t choose a position. But that instinct is clear from the inside, at least to me.
Among those who currently have student loans or know a family member who has student loans, only 36% support Biden’s “forgiveness” initiative, while a similar number, 34%, oppose it.
Even among Democrats, only 55% approve, while 18% disapprove.
Independents seem to be the most confused, with just 18% in favor and 28% opposed.
Republicans understand this: a staggering 71 percent disapprove, and just 9 percent approve.
So far, his workaround, according to the far-left Associated Press, is to: 4 million American.
Wouldn’t it be fun to live in a country where those of us without a college education are paying off the loans of those with a college education?
Illegal immigrants get free food, housing, gift cards, and healthcare while ordinary people suffer with inflation. Leftists are allowed to indiscriminately desecrate monuments, riot in the streets, and instigate rebellions in state capitals while ordinary people go to jail for driving with a gay flag flying. And now we pay for the tuition of people who make more than us.
Ordinary people have been demoted to second-class citizens in their own country.
John Nolte’s first and last novel Borrowed time, Winning 5-Star Rave Reviews Submissions from our everyday readers. You can read excerpts here here And a detailed review here. Also available in hard cover and Kindle and Audiobooks.
