College Debt EO Absurdity, Hi-ho Derry-o

Besides inflationary impact, absurdity of Biden’s college debt give-away also seen in elite schools sitting on BILLIONS in endowments & others having spent $130 MILLION on lobbying for such handouts … as tuitions rise.

The WSJ editorial board called it “Biden’s Half-Trillion Dollar Student-Loan Executive Coup” and GOP says it’s a blatant “voter bribe”, but Fox News focused on the colleges themselves to help explain how this fiasco could come about, thanks to an Old Joe who “never fails to listen to the Left” or not. America’s struggling Farmers also needing more financial help from Uncle Sam on taxpayers’ dime might learn something here.

In one piece, Fox listed 10 universities, including elite institutions like Harvard & Yale, having endowments totaling $209 billion, at least, according to data compiled by US News & World Report. “While such institutions rack up [these] massive endowments, though, many of their graduates will receive a $10K or $20K taxpayer handout courtesy of the Biden Administration.” Meanwhile, another Fox story calls out “colleges that may benefit from the Biden student loan handout [after having] spent over $130 million on lobbying [Congress & the Administration] since 2021.” Rake in that moolah boys. Milk ‘em ‘til the tits bleed, huh? How does that “Farmer in Uncle Sam’s Pocket,” er, “Farmer in the Dell” go again?

Davd Soul