You have to give the Biden/Harris administration credit for stubbornness; they persist, despite all evidence to the contrary, in operating under the misapprehension that the solution to any issue is to throw enormous piles of taxpayer cash at it. That operating assumption also applies to student loan debt — debt taken on by students who signed contracts, who were given repayment terms, and who are now squawking about being made to pony up.
Well, the Biden/Harris administration, virtually on their way out the door, is throwing a few billion more at these whiners.
The Biden administration announced another $4.28 billion in student loan handouts as President Biden and Vice President Harris prepare to leave the White House.
The massive loan handout will give 54,900 public workers loan forgiveness.
“Four years ago, the Biden-Harris Administration made a pledge to…