Domestic Policy
Should the Government Forgive Car Loans?
Should the Government Forgive Car Loans?
Here’s The Scoop
In a stunning display of disregard for the will of Congress and the Supreme Court, the Biden administration is bulldozing ahead with its plan to forgive billions in student loan debt. Despite a 6-3 Supreme Court ruling earlier this year that stated the Education Department does not have the authority to waive student loan debt, Biden’s Department of Education has already canceled $153 billion, with plans to cancel a further $1.4 trillion.
Asking the questions that every American should be mulling over, Rep. Lisa McClain, R-Mich, grilled Education Secretary Miguel Cardona on the administration’s debt relief policies. “What class of debtor could be next?” McClain asked, pointing out the slippery slope this administration appears to be sliding down. If student loans can be forgiven, what’s stopping the government from forgiving car loans or mortgages?
Cardona’s response? A vague assertion that the collegiate education system is “broken.” But a broken system does not equate to carte blanche for the government to override the checks and balances of our democracy. Cardona’s claim that the Higher Education Act provides him the authority to implement certain forgiveness programs was met with rightful skepticism.
McClain’s exchange with Cardona should be a wake-up call for every American. If the Biden administration can simply ignore the will of Congress and the Supreme Court, what’s next? And who will be left to foot the bill for the administration’s reckless spending? As McClain pointed out, this isn’t just about student loans. This is about the future of our republic.
What do you think? Let us know by participating in our poll, or join the discussion in the comment section below!
Bruce Keehn
May 11, 2024 at 12:38 pm
What show the American people got to pay them back no way screw by in his government, we’ve become joke of the world
Sharon Taylor
May 11, 2024 at 1:14 pm
Why stop at forgiving car loans? Let’s go on to forgiving loans used to buy houses. If we forgive all these loans, how do people learn to handle money responsibly?
Roseann Brock
May 16, 2024 at 9:33 am
This is unfair. I have to pay back my loans. They were federal student loans. A few years ago they turned them over to Navient. Now my fsl.dies not qualifie. So no it’s not fair to us,or the people who are tax payers.
Sara
May 19, 2024 at 7:38 am
How about a lottery for paying off the debt of 100k people. Buy a ticket, get lucky and our whole country doesn’t get taxed.
kurt gandenberger
May 19, 2024 at 12:09 pm
why not. if president bribeme can buy votes by forgiving college loans, why shouldn’t he also buy votes by forgiving other loans?
Bob W.
May 19, 2024 at 1:04 pm
I paid my way through college and it took me 13 years to get finished. I always had a job, sometimes 3 to pay the tuition and bills. I never had a loan.
What do you call a PHD in History: “hey waiter”
Jerry C.
May 21, 2024 at 4:35 pm
If they’re gonna forgive car loans I hope they let me know well ahead of time so I can go out and get one…