
<p class="wp-block-paragraph">President Biden and Democrats are traveling the country ahead of the Midterm Election. ; One of their major selling points is Biden’s highly touted student loan forgiveness program. ; Millions of applications have already been submitted – and others are being advised to submit their applications as soon as possible.</p>



<p class="wp-block-paragraph">There is a problem, however. ; There are no established student loan forgiveness programs. ; It does not exist – other than in the minds of Biden &; Co. ; At best, it is a proposal … a campaign promise.</p>



<p class="wp-block-paragraph">Yes, Biden did announce his student loan forgiveness program – and he did issue an Executive Order that allegedly created it. ; ;</p>



<p class="wp-block-paragraph">BUT … it is very doubtful that Biden has the authority to create such a program on his own. ; There is a very credible argument that his EO is unconstitutional – and that only Congress can write off that debt.</p>



<p class="wp-block-paragraph">Six states filed suit in federal court to challenge Biden’s action – Missouri, Iowa, Nebraska, Arkansas. Kansas and South Carolina. ; A federal Appellate Court stopped the distribution of any money pending the outcome of the cases. ; The case is likely to drag on into 2023.</p>



<p class="wp-block-paragraph">So … even as Biden &; Co. is selling the program as if it is a done deal – and they are encouraging the former students to keep applying for the cancellation money – there is no money to be had. ; The promotion of the non-existent program before the Midterm Elections is a callous political ploy to fool the hopeful individuals to vote for Democrats in appreciation for something they will not get soon – if ever.</p>



<p class="wp-block-paragraph">We should also not forget that the student loan crisis was created by Washington progressives. ; They took away the borrowing from the banks – where there was some determination of affordability on the part of the student. ; They crafted it as a monumental give-away to the colleges and universities. ; With Uncle Sam covering the cost, the schools raised tuition costs well above inflation – even institutions with multi-billion dollar endowment funds.</p>



<p class="wp-block-paragraph">There is the possibility that the entire gambit will backfire on Biden before and after the Midterm elections. ; While many former students are happy in their belief that they will soon be receiving a big fat check from Uncle Sam … ah … Uncle Joe … there are a lot more former students who have paid off their loans. ; They are rightfully feeling cheated. ; And there are also a lot more folks who may never have had a student loan but do not want to be paying for college educations they did not receive.</p>



<p class="wp-block-paragraph">Biden is not only promoting a program that does not exist – but may also wind up pleasing no one.</p>



<p class="wp-block-paragraph">So, there ’tis.</p>

Democrats selling Biden’s non-existent student loan forgiveness program
