Who will have to pay for Biden's debt transfer scam? Hard-working Americans who already paid off their debts or never took on student loan debt in the first place. It will cost at least $300 billion, and most benefits would go to households in the top 60% of earners.

Aug 24, 2022 · 1:47 PM UTC

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Replying to @SpeakerMcCarthy
Did you know 40% of the loans are owed by students who tried but never finished their degrees. I have three relatives working in low wage jobs who owe thousands because of this. This will allow so many young ones to start families, buy houses, etc put $ BACK into our economy.
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That's a lot of quitters.. Somehow I doubt they'll be owning a home.. Maybe they should have learned a trade.. I have neighbors that do lawns/landscaping and own their home, RV, multiple cars and a cabin.. Another neighbor owns home and is simply a crossing guard and mows lawns..
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Replying to @SpeakerMcCarthy @JesseASweeney
piped.video/sQGa5h57i3A

Sen. Warren: 40 Percent With Student Loan Debt Do Not Have A College...

President Biden canceling student debt and significant student debt relief are encouraged by Sen. Elizabeth Warren. "In fact, 40 percent of the people who ha...

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And? How does this give a right to take the money from folks that did not sign up for the loans?
Replying to @SpeakerMcCarthy @JesseASweeney
40% of those who owe loans did not receive a degree but now are stuck & paying. College prices have skyrocketed and @GOP cut grants reducing aid, making loans unavoidable for many. To succeed we need educated people, doctors, teachers, nurses, social workers. It helps us all.
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They signed up for the loans. You even said your relatives dropped out so they aren’t becoming doctors or lawyers…why should we be forced to pay for their failure? If I sign up for a car loan and decide to stop working can I force you to pay for the loan? No, so why this?
Replying to @SpeakerMcCarthy
Maybe tax churches ripping people off and cut the pay of senators who are useless... start with Kevin McCarthy
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Replying to @SpeakerMcCarthy
But our trade school students don’t qualify. The welders. Plumbers. Electricians. The foundation of our infrastructure./ building construction..The hands on workers.. next time they need a plumber. They need to call a dance instructor..
Replying to @SpeakerMcCarthy
How does he have the authority to do this?
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