On Monday, Joe Biden is expected to announce yet another attempt to buy votes with American taxpayer’s money. This time, it’s another “student loan forgiveness” scheme. While the amount to be wiped off the books – and by “wiped off the books,” we perforce mean “to be transferred to the taxpayers” – is not known, previous attempts amounted to nearly half a billion dollars.
Biden will detail the plan Monday in Madison, Wisconsin, where the flagship campus of the University of Wisconsin is located. The actual federal regulations — outlining who would qualify to get their student loan debt reduced or eliminated — are not expected to be released then, said the people, who were granted anonymity to detail a proposal not yet made public.
Much of the specifics that Biden will discuss Monday have long been telegraphed through a negotiated rulemaking process at the Department of…
