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Defaulted students’ loans come due, reality bites
Gulf Today
|January 09, 2026
The Biden administration spent years trying to buy votes with unconstitutional student loan bailouts, but now the Trump Department of Education is on a mission to get that taxpayer money repaid.
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That includes garnishing the wages of millions of borrowers who haven't made any payments on their loans in almost six years. It’s about time.In 2091, the Biden administration kept student loan repayments on pause because they were also making it illegal for millions of people to go to work, under the guise of COVID. But even after the economy reopened, loan repayment was never restarted because it was a fantastic way to buy votes at taxpayer expense, according to the Tribune News Service.
In fact, Biden’s handlers upped the ante to student loan “forgiveness,” their euphemistic term for a potential $1.6 trillion taxpayer bailout — comparable to the 2008 Wall Street bailouts — so blue-collar workers could pay the bills of over-educated and entitled deadbeats. Even after the Supreme Court declared the bailouts illegal, Biden simply ignored them with a cynical tweak, expanding so-called Income-Driven Repayment plans to accomplish the same goal. Even people with relatively high incomes qualified for monthly payments of zero with no interest accruing either. That kind of workaround would keep student loan payments on ice forever.
Diese Geschichte stammt aus der January 09, 2026-Ausgabe von Gulf Today.
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