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Owe Money On That Student Loan?
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<blockquote data-quote="Babagounj" data-source="post: 6107891" data-attributes="member: 12952"><p>“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” U.S. Secretary of Education Linda McMahon said in a statement.</p><p></p><p></p><p>“The Biden Administration misled borrowers: the executive branch does not have the constitutional authority to wipe debt away, nor do the loan balances simply disappear,” McMahon continued. “Hundreds of billions have already been transferred to taxpayers. Going forward, the Department of Education, in conjunction with the Department of Treasury, will shepherd the student loan program responsibly and according to the law.</p><p></p><p><em>Wow, actually making people who signed a legally binding contract to repay their loans.</em></p><p><em>That will quickly make some democrats forget all about the El Salvadorian.</em></p></blockquote><p></p>
[QUOTE="Babagounj, post: 6107891, member: 12952"] “American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” U.S. Secretary of Education Linda McMahon said in a statement. “The Biden Administration misled borrowers: the executive branch does not have the constitutional authority to wipe debt away, nor do the loan balances simply disappear,” McMahon continued. “Hundreds of billions have already been transferred to taxpayers. Going forward, the Department of Education, in conjunction with the Department of Treasury, will shepherd the student loan program responsibly and according to the law. [I]Wow, actually making people who signed a legally binding contract to repay their loans. That will quickly make some democrats forget all about the El Salvadorian.[/I] [/QUOTE]
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