Schumer wants Biden to cancel student loan debt

Way to unify the country: Have taxpayers pay the debt of those who chose to enter into a contract.

Schumer wants Biden, through executive order, to immediately cancel up to $50,000 of student debt per borrower. Per the Yahoo story, Biden has called for forgiving $10,000 in student loan debt as part of a broader Wuhan virus relief package.

“Getting rid of student debt,” Schumer said during an interview with The Ink. “I have a proposal with Elizabeth Warren that the first $50,000 of debt be vanquished, and we believe that Joe Biden can do that with the pen as opposed to legislation.”

Guess who owns most of the public student loan debt? Taxpayers.

So let me understand this liberal logic: Government issues loan, government cancels loan, and then government puts one’s debt onto another taxpayer?

What a racket!

Heaven forbid the government actually look at the CAUSE of skyrocketing debt and develop a viable SOLUTION. Guess it’s much easier to make this problem “vanquish.”


Better than Drudge Report. Check out Whatfinger News, the Internet’s conservative frontpage founded by ex-military!

Please follow and like us:

Share and Enjoy !

0 0
Notify of
Inline Feedbacks
View all comments
15 days ago

A trick from Bernie’s playbook.

15 days ago

Free Stuff!!comment image

Last edited 15 days ago by Anonymous
15 days ago

The Socialists always forget to mention that all the FREE stuff isn’t FREE-the working class pays for it,through taxes,until that’s not enough-then they have to actually TAX the life out of everyone to pay for the FREE stuff.