CAL THOMAS COMMENTARY JULY 19, 2023
IGNORING A SUPREME COURT RULING HE DOESN’T HAVE THE AUTHORITY TO FORGIVE STUDENT LOAN DEBT, PRESIDENT BIDEN PLANS TO DO IT ANYWAY.
THE COST TO TAXPAYERS IF IT GOES THROUGH IS ESTIMATED TO BE $475 BILLION OVER THE NEXT TEN YEARS. IT WILL LIKELY COST MORE.
THIS IS ANOTHER EXAMPLE OF HOW THE LEFT DEFIES THE LAW IF IT DOESN’T AGREE WITH THEIR SECULAR-PROGRESSIVE WORLDVIEW. NO ONE IS FORCED TO TAKE OUT A LOAN FOR OVERPRICED UNIVERSITIES. WHAT DOES IT SAY ABOUT THE INTEGRITY OF YOUNG PEOPLE WHO THINK THEY DON’T HAVE TO PAY IT BACK AFTER SIGNING A DOCUMENT REQUIRING THEM TO DO SO??
I HAD A STUDENT LOAN. I PAID TO BACK. I HAVE HAD OTHER LOANS – FOR CARS, MORTGAGES AND PERSONAL LOANS. I PAID EVERYONE BACK AND HAVE A HIGH CREDIT RATING AS A RESULT.
TOO MANY YOUNG PEOPLE TODAY HAVE BEEN TOLD THEY ARE ENTITLED TO THINGS AND TO ENVY THE RICH AND SUCCESSFUL. WHAT ABOUT STUDENTS WHO ARE STILL IN SCHOOL WITH LARGE DEBT? WHAT ABOUT THOSE WHO ENTER UNIVERSITIES IN THE FUTURE? WHY NOT FORGIVE THEIR DEBT, TOO.
I HOPE A SUIT WILL BE FILED AND THE SUPREME COURT WILL AFFIRM ITS EARLIER RULING THAT ONLY CONGRESS, NOT THE PRESIDENT, CAN SPEND MONEY OR FORGIVE DEBT. I’M CAL THOMAS.
