Category: student loan debt

Kids and Money: Steps on How to Avoid Student Loan Debt

By Steve Rosen My position on President Joe Biden’s plan to wipe the slate clean for borrowers on billions of dollars in federal student loan debt: I don’t like it. I understand why there are many arguments in support of the White House plan. But, like many readers, I feel it’s a slap in the…


Student Debt Will Rise to Pre-Cancellation Levels in Less Than a Decade, Budget Group Says

It will take less than a decade for student loan debt to return to the level it was at before President Joe Biden canceled nearly half a trillion dollars of the debt at taxpayer’s expense, a new report from a leading budget group says. The Committee for a Responsible Federal Budget (CRFB) released the analysis….


Government the Problem, Not Solution, on College Costs

Commentary No sooner had President Joe Biden announced his plan for student loan debt forgiveness—$10,000 for non-Pell grant recipients and $20,000 for Pell Grant recipients—the president of the National Association for the Advancement of Colored People (NAACP) was complaining that it should be more than twice as much. At least $50,000. Brookings Institution scholar Andre M….


Capitol Report (Aug. 29): DOJ Already Reviewed Trump Docs; Pelosi Asked About Student Debt Comments

We’re learning more about the documents seized at former President Donald Trump’s Florida home, what the Justice Department said in its latest court filing, and what difference it could make. Virginia Gov. Glen Youngkin says he doesn’t want his state to follow California’s plan to ban gas-powered cars. He called the plan “ridiculous” and says…


COVID Invoked for More Redistribution From Workers to Doctors and Lawyers

Commentary And it’s gone! We are referring to the $300 billion of taxpayer funds that will go down the tubes at the stroke of Joe Biden’s pen upon his impending cancellation of $10,000 of student debt. And in the case of married couples, that covers households with incomes up to $250,000! The legal claim to…


Biden’s Student Loan ‘Forgiveness’ Is an Unjust, Cynical Abuse of Power

Commentary “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law.” That’s what it says right there in the Constitution. And yet, without any legislation, President Joe Biden now promises to “cancel” up to $10,000 in student loans per borrower ($20,000 for Pell Grant borrowers), limited to those with…


Lessons From Biden’s Reckless Student Loan ‘Forgiveness’ Plan

Commentary President Joe Biden’s new plan to “cancel” up to $10,000 in student loan debt for those making less than $125,000 annually is at once a dereliction of constitutional duty, a crass political gambit in the lead-up to a contested midterm election and a morally perverse value judgment that lavishes The Regime’s insular, well-heeled voting…


Democrats ‘Grasping at Straws’ for Votes by Canceling Student Loan Debt: GOP Lawmaker

Canceling student loan debt is the latest bid by Democrats to win votes and prevent the House chamber from flipping red this fall, according to Rep. Virginia Foxx (R-N.Y.). “Delaying this until now, pretty close to the election, is certainly a political ploy,” the congresswoman told Capitol Report, a program on The Epoch Times’ sister…


LIVE NOW: Biden Cancels $10,000 in Student Debt for Most Borrowers; Deadly Missile Strike Reported in Ukraine | NTD Evening News

President Joe Biden announced on Aug. 24 that he will cancel $10,000 in student loan debt for millions of borrowers. At least 22 people have been killed in a Russian rocket strike on a Ukrainian railway station, President Volodymyr Zelenskyy said. * Click the “Save” button below the video to access it later on “My…


Biden Cancels $10,000 in Student Debt for Most Borrowers; Deadly Missile Strike Reported in Ukraine | NTD Evening News

President Joe Biden announced on Aug. 24 that he will cancel $10,000 in student loan debt for millions of borrowers. At least 22 people have been killed in a Russian rocket strike on a Ukrainian railway station, President Volodymyr Zelenskyy said. * Click the “Save” button below the video to access it later on “My…