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Home Front: Politix
Biden student loan deal quietly moved to page 18
2022-09-17
[Restoring America] President Joe Biden made a big splash with his announcement of a $500 billion-plus student debt transfer.

In the weeks since the Aug. 24 move, the president has done his best not to disturb the political waters ahead of the midterm elections, barely mentioning the loan debt forgiveness plan.

Fulfilling a campaign promise and bowing to pressure from his party's left wing, Biden announced late last month that he would transfer $10,000 of student debt from borrowers to taxpayers for all but the highest income earners and would shift up to $20,000 per borrower for those who received Pell Grants.

But Biden has barely mentioned the program since. The last time he spoke about it in a speech was Aug. 25, just a day after the news broke, during a Democratic National Committee rally in highly educated Montgomery County, Maryland. He last spoke about student loans in any form on Sept. 6, mentioning the debt transfer along with a host of other programs as "proof that democracy can deliver for the people."

The president did not mention student loans during multiple campaign stops in Pennsylvania, a pair of speeches in Boston, a groundbreaking ceremony in Ohio, or in remarks at the Detroit Auto Show.

The silence comes as Democrats have gained traction in polls ahead of the midterm elections, when control of the House and Senate are at stake, along with 36 governorships and a slew of down-ballot offices.

Biden's disappearing debt pledge largely amounts to smart politics, argued former Pennsylvania Democratic Party Chairman T.J. Rooney.
Posted by:Besoeker

#2  Applicants who file before Nov. 15 will be guaranteed to have balances lowered before the loans repayment pause ends at the end of the year, and some who made payments during the pause will even have their money refunded.

Refunded! The taxpayers will love that.
Posted by: Bobby   2022-09-17 08:19  

#1  
Poli = Many
tics = Blood Suckers

Posted by: NN2N1   2022-09-17 06:41  

00:00