Biden administration announces another student-loan forgiveness giveaway

By Around the Web

Brandon Poulter
Daily Caller News Foundation

The Biden administration announced nearly $5 billion in student loan forgiveness for more than 80,000 people Wednesday, according to a press release.

The Supreme Court ruled 6-3 in June that the Biden administration’s student loan forgiveness program for non-Pell Grant and Pell Grant recipients was unconstitutional, and on June 30 the Department of Education (ED) announced another plan to expand income-driven repayment plans, potentially costing American taxpayers billions. The White House announced that borrowers who have been in repayment for at least 20 years but didn’t get credit for payments will have their debt relieved through Public Service Loan Forgiveness, according to a White House press release

Get the hottest, most important news stories on the Internet – delivered FREE to your inbox as soon as they break! Take just 30 seconds and sign up for WND’s Email News Alerts!

“Today my Administration is approving another $4.8 billion in student debt cancellation for 80,300 people. This relief is thanks to my Administration’s efforts to fix Public Service Loan Forgiveness, so teachers, members of the military, nurses, and other public service workers get the relief they have earned,” the press release reads.

The Biden administration has forgiven billions in student debt cancellation for more than 3.6 million borrowers, according to the White House press release. It has forgiven nearly $51 billion for 715,000 through the Public Service Loan Forgiveness, nearly $42 billion for 855,000 borrowers through income-driven repayment, and $11.7 billion for nearly 513,000 borrowers with disabilities.

The Supreme Court ruled in June that the Secretary of Education did not have the power to cancel $10,000 in student loan debt for non-Pell Grant recipients and up to $20,000 for Pell Grant recipients. ED later announced that the department would use the Higher Education Act to forgive student loans. The new plan would cut payments for persons making $32,800 or less annually to $0.

The White House did not immediately respond to the Daily Caller News Foundation’s request for comment.

This story originally was published by the Daily Caller News Foundation.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected].


IMPORTANT NOTE TO WND READERS: Shortly after Hamas terrorists fired over 5,000 rockets from Gaza into Israel on Oct. 7 and then proceeded to attack the Jewish state by land, sea and air – torturing, burning, beheading and murdering well over a thousand people, including women, children and infants, and wounding and abducting hundreds more – world reaction was, in its own way, almost equally shocking.

For after the biggest one-day mass slaughter of Jews since the Nazi Holocaust, what followed was an outpouring of celebratory demonstrations, unbridled Jew-hatred, deliriously gleeful support for Hamas and bitter condemnation of the nation of Israel. Not just in the Arab-Muslim world, but throughout the Western world as well, including all across America.

Why? What is behind the explosion of anti-Israel, anti-Jewish, pro-terror sentiment in the United States, where Israel has long been one of America’s closest friends and allies? Why are hordes of young “woke” LGBT demonstrators marching in support of Hamas – when Hamas wouldn’t think twice about binding and blindfolding them and throwing them off the roof of a tall building – as they routinely do in the Muslim world?

It turns out there’s one area of agreement that is so powerful, deep-seated and all-consuming that the vast differences between the deranged left and the murderous jihadists melt away into Kumbaya harmony.

All of this and much more is completely exposed in November’s issue of WND’s critically acclaimed monthly Whistleblower magazine, titled ISRAEL VS. GLOBAL JIHAD: How Jew-hatred, radical Islam and Leftism are pushing us toward World War III. Beyond a deeply insightful dive into why leftists are surging toward radical Islam – which hates and dreams of raping and butchering them – this Whistleblower issue includes fantastic articles by everyone from top Israeli analyst (and former Israel Defense Forces officer) Caroline Glick to Harvest Christian Fellowship’s Pastor Greg Laurie on the current war in Israel and biblical prophecies regarding the End Times … which he says are now upon us.

WHISTLEBLOWER is available in both the popular print edition and a state-of-the-art digital version, either single issues or discounted annual subscriptions.

For 25 years, WND has boldly brought you the news that really matters. If you appreciate our Christian journalists and their uniquely truthful reporting and analysis, please help us by becoming a WND Insider!


SUPPORT TRUTHFUL JOURNALISM. MAKE A DONATION TO THE NONPROFIT WND NEWS CENTER. THANK YOU!

Leave a Comment