President Handsome Joe Biden announced student loan debt relief for at least 40 MILLION Americans. The Biden administration
- cancels $10,000 in student-loan debt for borrowers earning less than $125,000 per year
- cancels $20,000 in debt for those who received Pell grants for their education as low-income students
- extends the ongoing pause on student loan payments through December 31 of this year
- caps undergraduate loan payments at 5 percent of monthly income
Let’s begin our day with the delicious tears of… Republicans?
Gym Jordan, who you might recall has a bachelor’s, master’s, and a JD degree has something to say about the elites:
The pride of Harvard and Harvard Law, Tom Cotton has something to say about rich lawyers:
Rick Scott, somewhere in Italy on a luxury yacht:
And the award for the most over-the-top reaction goes to amply be-chinned Mitch McConnell’s turtle tears: “A wildly unfair redistribution of wealth toward higher-earning people” – he’s practically singing
The National The Internationale*.
If it were a gift to the wealthy, Mitch would support it in a heartbeat.
Republicans seem to think that only wealthy elites go to college (and weirdly take out loans to do so?), and uh, this is obviously not who these loans go to and who might get some relief to the tune of $10K Ameros. FYI, no one is getting a check for $10K.
Now, of course, all of these White dudes are usually elbowing each other to be the front of the line to give handouts to corporations and billionaires, so this sudden concern for the Forgotten/hardworking/middle-class/real American seem, uh, insincere. Yeah, we’ll go with that.
Some of the PPP loan forgiveness from the pandemic never got much of an outrage chorus from the usual suspects
That’s the outrage, right there.
*We regret the error. (amusinglingly, Autocorrect just suggested “Euro” for ‘error’ spelled correctly. Thanks a lot, Apple!)