November 23, 2022

Porridgebrain DECREES an extension of moratorium on student-loan repayments while court considers legality of bribe

I see Porridgebrain just DECREED that the "moratorium" on student-loan repayments was now extended for nine more months, or until the court case challenging his $20,000 per student "loan forgiveness" bribe was decided.

About 45 million people in the U.S. have student debt. The Federal Reserve estimates that as of the third quarter of 2022 these borrowers owed more than $1.7 trillion on their student loans.

That's an average of about $38,000 apiece, which makes the offer of up to $20,000 in "forgiveness" (i.e. you and your parents will pay off the loans biden generously "forgives") REALLY attractive to all student borrowers.  Which means they'll vote Democrat to ensure they'll get the payoff.

Whoa!  Who could have predicted THAT, eh? 


 

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