Joe Biden unilaterally announced massive forgiveness of student loans Wednesday afternoon, as reported by The Gateway Pundit .
An estimated $300 billion of loans up to $10,000 per borrower making under $125,000 per year ($250,000 for couples) as well as up to $20,000 for Pell Grants will be forgiven by the Biden administration citing a new interpretation of the 2003 HEROES Act by Biden admin lawyers that say the secretary of Education has the authority to use national emergencies–specifically the COVID pandemic–to wipe out student debt en masse.
Schumer: “With the flick of a pen, President Biden has taken a giant […]
Read the rest of this story here: www.thegatewaypundit.com
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