Biden will not be deterred from using your money to pay off other people’s student loans
Ingrid Jacques, USA TODAY
Mon, November 27, 2023 at 4:02 AM EST·5 min read
With Thanksgiving behind us, we’ve officially entered the Christmas season. It’s a time of year when many of us feel magnanimous.
‘Tis the season for giving, after all.
President Joe Biden is certainly getting in the holiday spirit. He’s feeling very generous – with your money.
After the U.S. Supreme Court in June struck down his unilateral attempt to “forgive” at least $400 billion in student loans, Biden has diligently sought ways to work around this serious reprimand.
He has landed on at least one option that is more costly than his original plan – and will be more difficult to challenge legally.
The millions of Americans who have already paid off their loans or have opted to forgo college altogether may find this development irksome.