Biden’s student loan bailout is to buy good will with your hard-earned cash

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Washington Democrats have long used large federal spending and welfare programs to their political benefit. Until now, however, there have been few chapters in American history that could measure up to President Joe Biden’s brazen attempts to buy good will by unilaterally canceling student loan debt.  

It is without historical precedent. Just weeks ago, the president unveiled new executive actions even after the Supreme Court shut down previous attempts to let people off the hook for their loans. His federal agencies have been working to make the student loan repayment process dysfunctional.  

Let’s recap how we got here.  

BIDEN ANNOUNCES FRESH ROUND OF $6.1 BILLION IN STUDENT LOAN HANDOUTS, BRINGS TOTAL GIVEN TO $160 BILLION

It wasn’t so long ago that canceling student loan debt was a far-left policy championed by progressives and trumpeted by Vermont Independent Sen. Bernie Sanders as he campaigned for president.  

Student loan debt holders take part in a demonstration outside the White House to demand that President Joe Biden cancel student loan debt on July 27, 2022, at the Executive Offices in Washington, DC. (Photo by Jemal Countess/Getty Images for We, The 45 Million)

After Biden’s election

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