President Joe Biden is being accused of election-year ‘bribery’ after promising to slash the student loans of at least 153,000 voters.
Biden has repeatedly been rebuked by the courts for attempting to unconstitutionally cancel student loan debt. But on Wednesday, Biden once again showed that the law is no obstacle for partisan electioneering of mostly Democratic college students in an election campaign that is now considered to be a longshot.
Politico reported on the Biden administration’s student loan cancellation and electioneering:
President Joe Biden on Wednesday will announce $1.2 billion of student debt relief for nearly 153,000 borrowers — and he’s sending emails to make sure they know whom to thank for it.
The administration’s latest tranche of loan forgiveness covers borrowers who are enrolled in Biden’s new loan repayment program, initially borrowed $12,000 or less and have been repaying their debt for at least 10 years.
Biden will tout the relief and his administration’s broader efforts to cancel student loan debt for tens of millions of Americans during remarks in Los Angeles on Wednesday.
The Politico reported the previous loan discharges amounting to tens of billions, as well as the White House’s boasting about the student loan cancellations.
The administration says that it has now approved loan discharges totaling nearly $138 billion for nearly 3.9 million borrowers through dozens of administrative actions since coming into office.
But a challenge for the Biden reelection campaign and Democratic allies is making sure that the president gets credit for canceling that debt—even as the White House explores ways to further increase the number of Americans receiving loan relief.
“Congratulations—all or a portion of your federal student loans will be forgiven because you qualify for early loan forgiveness under my Administration’s SAVE Plan,” says the Biden regime’s email message.
“I hope this relief gives you a little more breathing room,” Biden adds.
However, Republicans who have seen this lawless behavior before are not amused.
The student loan bullshit today is just another example of Imperial Biden doing whatever the hell he wants no matter what the law says.
It’s also an insult to those who never took out student loans or those who paid them back and to taxpayers in general.
When I was Missouri AG…
— Eric Schmitt (@Eric_Schmitt) February 21, 2024
“The student loan bullsh*t today is just another example of Imperial Biden doing whatever the hell he wants no matter what the law says,” said Missouri’s Senator Eric Schmitt on X. “It’s also an insult to those who never took out student loans or those who paid them back and to taxpayers in general.”
“When I was Missouri AG I filed the case that beat back Biden’s previous illegal effort at the Supreme Court,” he added. “We won but he’s back at it. The Biden Admission is totally out of control and lawless. There is nothing they won’t do to maintain power. Illegal act after illegal act. That’s your real Threat to Democracy. Time to take this country back.”
Last year, House Republicans passed legislation to repeal the program, but the measure failed in the Senate.
