Biden touts his token college debt plan amid collapse of student support over Gaza genocide
On Monday, President Joe Biden appeared in Madison, Wisconsin, to present an updated plan to reduce student loan debt for as many as 30 million student borrowers. The program, which would in most cases eliminate interest payments while maintaining the loan principal, would take effect only in the summer of 2025, if it does at all.
The announcement was a transparent effort by the White House to stanch the near-collapse of support among students for Biden’s reelection campaign, especially in battleground states like Wisconsin, under conditions of mass opposition on campuses to his complicity in Israeli genocide in Gaza. At student protests across the country, the Democratic president is regularly referred to as “Genocide Joe.”
Speaking for approximately 15 minutes in front of banners that falsely claimed “President Joe Biden: Cancelling Student Debt,” the president said student loan debt “has become so burdensome that a lot cannot repay it for even decades after being in school.” However, he offered no explanation for the crisis or suggested that anyone, including loan-sharking banks that have made billions by plunging students into debt, should be held accountable.
Biden touted his Save on a Valuable Education (SAVE) program, in which 8 million people have enrolled. This program does not eliminate student debt, however. It reduces or eliminates monthly payments, while allowing interest to accrue on the loans.
The president sought to present as a bold, new program “five major actions to continue to relieve student debt” since the beginning of his administration. He said his plan would eliminate up to $20,000 in interest for students who owe more now than they originally borrowed and would eliminate all interest for low- and middle-income students who are enrolled in the SAVE program.
Biden added that student debt would be cancelled for borrowers who have been paying for 20 years or more, for borrowers eligible for the previously created SAVE program, for borrowers who were cheated by universities, and for borrowers who are facing financial hardship.
The total cost of the relief plan has not been estimated, but opposition within the US political establishment is already moving ahead.
As a report in the Wall Street Journal stated:
Even before the regulations are finalized, Republican lawmakers and state attorneys general are warning that the education secretary is overstepping the authority granted by Congress in the statute. Another impediment is an emerging view by conservatives on the Supreme Court that Congress must authorize in plain and direct language any sweeping actions by administrative agencies that could transform the country’s politics or economy.
While untold billions are being spent jointly by Democrats and Republicans on the US-NATO war against Russia in Ukraine and to support Israel’s massacre of Palestinians in Gaza, and Congress just passed a record military budget of nearly $1 trillion, these same politicians argue that student debt cancellation would cost taxpayers money and be unfair to the financial industry.
Biden’s original loan forgiveness program, which would have provided limited relief to 43 million student borrowers, was struck down by the US Supreme Court on June 30, 2023. The court ruled that by using authorizations in the 2019 HEROES Act, Biden had overstepped his presidential authority and his student debt program could not take effect without authorization by Congress.
The White House is advancing the new program under the Education Department’s rule-making powers as authorized by the Higher Education Act of 1965. This requires periods of review and public comment, which begin with the release of a draft rule in the coming months. According to a report in the Washington Post, “The final regulation will be implemented next summer, but features of the plan will be rolled out this fall, according to the administration.”
In Wisconsin, Biden referenced the rising cost of higher education, but he did not explain that there is a symbiotic relationship between the financial interests behind the student loan system and the universities and colleges, both public and private.
According to a report in the New York Times on Monday, the cost of one year of a college education, including room and board and other personal expenses, has now reached $100,000 per year at some institutions. The report included the example of a newly admitted Vanderbilt University engineering student for whom the annual total cost was $98,426.
At private for-profit universities such as Vanderbilt, the Times noted, only 18 percent of students qualify for all-expenses-paid financial grant programs. This means that 82 percent of students have to come up with the entire cost of education or a substantial portion of it, which is where student loans come in.
Students are forced to sign up for financing in the hundreds of thousands of dollars over four years. These loans have elevated interest rates and require the signing of a promissory note in which the borrower acknowledges that the debt cannot be discharged through bankruptcy filings or inability to pay.
According to the Student Loan Debt Clock, the current amount of college loan debt stands at more than $2 trillion. This is up by $300 billion since Biden announced his first student debt relief plan last year.
The actual amount of student loan debt is likely much higher, because, as the debt clock website explains, “since there is not a reliable source of data concerning capitalized interest, the student loan debt clock does not include it.”
Like everything else in American capitalist society, higher education—whether private or nominally public—is run by massive corporate interests that are motivated by profit. The US government facilitates the fleecing of the working class and sections of the middle class by managing the financial aid system and providing it with a guarantee of repayment.
The debt itself is sold to private investors, who make enormous sums from the repayment programs and operate behind the scenes to ensure that student debt is not cancelled.
WE CAN'T SURVIVE UNLESS WE BAN THE LAWYER INFESTED DEMOCRAT PARTY FROM ALL ELECTED OFFICE FOR WHICH THEY USE TO SUCK BRIBES AS IS THE CASE FOR ALL PARASITE LAWYERS!
WE ALL WATCHED AS BILLARY AND HILLARY TURNED THE WHITE HOUSE INTO A CHINESE WHORE HOUSE!
Did Bill Clinton break the law when he persecuted his former lovers into silence so he could become president? Did Bill Clinton care that he was breaking his oath to the Constitution when, as president, he personally dismantled the COCOM security accords, which prevented hostile enemies from receiving the means of attaining advanced military technology? That policy has brought the Chinese military up to parity with our own — right now.
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MOST CORRUPT VII: Joe Biden - Part I - Forgotten History
When rulers forget their oaths
In self-governing societies, choosing a leader of the nation is the most important responsibility a citizen has. In our United States, where the presidency has grown to be so powerful an office, it is even more so. Through time immemorial, whether in Greece or Rome, in England, or among native Americans, a few vital questions have always been foremost when questioning those who sought powerful office: will they obey their oath to follow the Constitution? Will they faithfully execute the law and obey the law themselves? Do they believe in a higher moral calling, a higher power, as in God?
The reason for these questions is perhaps not obvious. But if a person in power does not perceive himself as being bound by his oath or by a constitution of law, the powerful tend to change from humans into wolves. And if one does not believe in a higher moral authority, there is no moral code or power he will respect between here and hell.
In other words, such people have the perfect moral chemistry to engage in tyranny. Therefore, it is all-important to ask if an aspirant to power in a self-governing society intends to hold to his oath, to the law and to an altar. Such questions were asked of political aspirants for most of our history.
But for over three decades now, it has become apparent that one party of our government hasn’t cared what their leaders say or do.
Did Bill Clinton break the law when he persecuted his former lovers into silence so he could become president? Did Bill Clinton care that he was breaking his oath to the Constitution when, as president, he personally dismantled the COCOM security accords, which prevented hostile enemies from receiving the means of attaining advanced military technology? That policy has brought the Chinese military up to parity with our own — right now.
Was Bill Clinton obeying a higher moral calling when he engaged in the sexual manipulation of a much younger woman in his employ? Did he hold to any altar when he broke his oath to tell the truth in a court of law and then proceeded to lie outright to 300 million Americans?
Was Barack Obama obeying the law when he ordered the FBI to spy on persons in the press he did not agree with? Did Obama follow his oath to the Constitution when he ordered his administration to sue the state of Arizona for wanting to protect its own citizens from an invasion of our southern border? Did Obama follow the law when he ordered the IRS to financially strangle associations of the conservative Tea Party movement?
Did Obama hold to any higher morality when he lied to the country that the Affordable Care Act would never require taxpayers to pay for abortifacients, then ordered that taxpayers had to, by rule, through his HHS department? Did Obama recognize a higher moral authority when he ordered an HHS attack on the Little Sisters of the Poor for not obeying the rule?
Is Joe Biden really following the law when he uses the Judiciary to persecute his political opponents? Is Joe Biden following the Constitution he swore an oath to serve when he repeatedly shifts the burden of student loan debts from the debtors onto taxpayers, in defiance of a definitive Supreme Court ruling?
Does Joe Biden really believe in a higher moral authority when he uses a prone, confused, and small percentage of the population to make a proclamation that is profane for many of the over 200 million Christians in America — on the most sacred day of the year? Then saw fit to lie about it?
These are only a handful of unlawful policies over decades by Democrat presidents that are not accidental: it is becoming Democrat party tradition not to be bound by the law or the Constitution. It has become the mission of the Administrative State to execute and defend Democrat party policy without questioning it. It has become the mantra of the media to praise any action committed by a Democrat as being fundamentally good without questioning if the action is either lawful or moral.
And it is why this alliance of the Democrat party, its Administrative State, and its subsidiary media is so dangerous. In pursuit of absolute power, the Democrat party is prepared to wrench the Constitution out of existence and break any law or faith they have to, if it stands in their way. The Democrat party literally holds to no oath, no law, no altar.
We who do, who would vote lawlessness out of power, face the lawless prospect of our votes holding no weight, as throughout our country, and in violation of the Constitution again, the Democrat party is registering illegal aliens, with no proof of identity, to the count of 384,000 last week alone...to nullify our vote.
Democrats themselves need to stop this process! As citizens, they need tell their leaders they believe in their country more than they do in exclusive power — or we will lose our country.
Richard C. Lyons, author of The DNA of Democracy: Volume I and Shadows of the Acropolis: Volume II is a third-generation printer, whose early career centered on religious and special education publishing. Lyons has since engaged in literary pursuits as a poet, essayist, screenwriter, and indie publisher.
“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) (WHAT ABOUT THE CHINA BIDEN PENN CENTER?) and the Obamas (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) book and television deals. Then there is the Biden family (FOUR GAMER LAWYERS - JOE, HUNTER, JAMES, FRANK - OWNED BY GEORGE SOROS AND LARRY FINK OF BLACKROCK) corruption, followed closely behind by similar abuses of power and office by the (GAMER LYING LAWYER )Warren and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption (ADD GAMER LAWYER KAMALA HARRIS (OWNED BY GEORGE SOROS) AND HER LAWYER HUSBAND AND THE BANKSTERS’ RENT BOY, (GAMER LAWYER) CHUCK SCHUMER, OWNED BY LARRY FINK OF BLACKROCK WHO OWNS A BIG PIECE OF THE ‘BIG GUY’ JOE, AND GEORGE SOROS’ RENT BOY (GAMER LAWYER) TONY BLINKEN, AS WELL AS CON MAN (GAMER LAWYER) ADAM SHIFF AND HIS CORRUPTNESS (GAMER LAWYER) BOB MENENDEZ STILL EVADING PRISON, AND NOT BE VERY LEAST, (GAMER LAWYER) ERIC SWALWELL, THE CHINESE SPY AND HO CHASING BRIBES SUCKER, AND OF COURSE, PREDATOR LAWYER AND COVID LIAR (GAMER LAWYER) ANDREW CUOMO.
BRIAN C JOONDEPH
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JUST NOW: Biden is TOTALLY COMPROMISED by Communist China!
https://www.youtube.com/watch?v=caNTUxjth9Y
JOE BIDEN: GLOBAL BRIBES SUCKERS IN UKRAINE
Elon Musk: 'This SECRET will put Joe Biden & Obama in JAIL!'
https://www.youtube.com/watch?v=438bNCaHwk4
Classified Documents Are No Big Deal
https://www.youtube.com/watch?v=1fSHW1Mei2g
Special counsel: Biden 'willfully' disclosed classified materials, but no criminal charges warranted
https://www.youtube.com/watch?v=jaeA9cDewy0
No charges in Biden classified documents case
https://www.youtube.com/watch?v=fyJFxA-FowE
VIDEO
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THE HIGHLY PROFITABLE LIFE OF A PARASITE LAWYER-POL OF THE DEMOCRAT PARTY OF BRIBES SUCKING LAWYERS: A LOOK AT HILLARY CLINTON, INC.
This seems illegal BUT WHAT DOES THAT MEAN TO A GAMER LAWYER?!?
https://www.youtube.com/watch?v=KKMZFO-2ZeI
The main objective of “political animals” like Obama and the Clintons is to get elected; it’s not to fix a broken America, nor to protect her. There are people who govern and there are people who campaign; Obama and the Clintons are the latter. Just look at the huge Republican electoral gains under Obama and the Clintons. It’s amazing that Democrats who still care about their party still support the very people who have brought it down.
how many of these clowns are gamer lawyers?
Burning Man Roast
https://www.youtube.com/watch?v=DXC5OvdyWXc
MOST CORRUPT IV: President Barrack Obama - Forgotten History
https://www.youtube.com/watch?v=z4rrBLGedNg
Peter Schweizer, author of “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,”
For George Soros it was about control to gain influence, access, and special treatment. After the election Biden formed a transition team that staffed itself with people connected to Soros.
But his money also played a part. Soros spent over $70 million on activities that backed Biden's candidacy. Soros bought frequent access to Obama. That access returned under Biden. Biden's Kampf
The Investor Who Rules the World | George Soros Documentary
https://www.youtube.com/watch?v=aovDdiMjN9w
“Obama would declare himself president for life with Soros really running the show, as he did for the entire Obama presidency.”
https://mexicanoccupation.blogspot.com/2022/01/democrat-party-billionaires-for-open.html
‘Breaking Biden’ Author: ‘Biden Crime Family’ Would Be in ‘Handcuffs’ if U.S. Had a ‘Responsible Department of Justice’
https://www.breitbart.com/politics/2023/10/24/breaking-biden-author-biden-crime-family-would-be-in-handcuffs-if-u-s-had-a-responsible-department-of-justice/
Breitbart Editor-in-Chief and New York Times bestselling Breaking Biden author Alex Marlow told YouTuber Stephen Gardner the Bidens would be in “handcuffs” if the United States “had a responsible Department of Justice.”
WHERE DID ALL OF JOE BIDEN'S LOOT COME FROM???
Jesse Watters : WOW, this is just OUTRAGEOUS!
https://www.youtube.com/watch?v=xgDVORGTg_A
There it is. That's the issue. To begin, you have the corrupt family Biden. They've been scamming us and our system well for almost fifty years. The man is supposedly worth over 250 million dollars. How is this possible on his salary? It's not. So where did his wealth come from? Not from being a brilliant businessman. DAVID PRENTICE
While Alex Soros has given only a fraction of his dad’s campaign donations, he has been spotted hobnobbing with President Joe Biden (GAMER LAWYER), Vice President Kamala Harris (GAMER LAWYER), Senate Majority Leader Chuck Schumer (D., N.Y.) (GAMER LAWYER) , former House Speaker Nancy Pelosi (D., Calif.), and other Democratic luminaries. Alex (SOROS) has visited the Biden White House nearly 20 times, and had several meetings with National Security Council officials (ALEX SOROS IS ALSO A GUEST OF V.P. HARRIS AND THE V.P’s MANSION).
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