Biden’s New Student Loan Forgiveness Scheme Amounts to Bribery
The Rich Zeoli Show- Hour 2:
4:05pm- Michael D. Shear of The New York Times writes that on Monday, while speaking from Madison, Wisconsin, President Joe Biden “announced a large-scale effort to help pay off federal student loans for tens of millions of American borrowers, seeking an election-year boost by returning to a 2020 campaign promise that was blocked by the Supreme Court last year. Mr. Biden’s new plan would reduce the amount that 25 million borrowers still owe on their undergraduate and graduate loans. It would wipe away the entire amount for more than four million Americans. Altogether, White House officials said, 10 million borrowers would see debt relief of $5,000 or more.” You can read more here: https://www.nytimes.com/2024/04/08/us/politics/biden-student-loans-debt-relief.html
4:20pm- While appearing on CNN, Rep. Adriano Espaillat (D-NY) defended the Biden Administration’s plan to eliminate $5,000 of student loan debt for an estimated 10 million borrowers despite the Supreme Court having previously ruled that the executive branch is constitutionally incapable of forgiving loan debt unilaterally.
4:35pm- Are jeans causing climate change? Researchers at Guangdong University have concluded that jeans are as environmentally unfriendly as driving a gas-powered vehicle 6 miles.
4:40pm- Zach Kessel of National Review reports: “Rutgers University president Jonathan Holloway held a town hall with students Thursday night aimed at offering the school community the opportunity to ask him questions. Before he was able to answer a single one, anti-Israel protesters unleashed chaos. As Holloway attempted to address the crowd, ‘pro-Palestinian students interrupted the town hall and prevented the scheduled programming from happening. They shouted and tried to intimidate other students,’ Rutgers student Sarah Shiner, who was in attendance Thursday night.” You can read the full article here: https://www.nationalreview.com/news/rutgers-police-escort-jewish-students-out-of-town-hall-after-pro-palestinian-protesters-call-for-intifada/
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