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Biden’s Student Loan Disaster: 72K Borrowers Stuck in Limbo

The Biden administration’s student loan mess just got worse. Over 72,000 Americans are stuck waiting for loan forgiveness that may never come. This backlog has grown by 50% since April alone. Meanwhile, hardworking taxpayers are left holding the bag for these failed liberal policies.

Biden created this disaster when he launched his illegal loan forgiveness schemes in 2023. Federal courts have repeatedly ruled these programs broke the law. The Supreme Court already told Biden he cannot force taxpayers to pay off other people’s college debt. Yet Democrats kept pushing these unconstitutional giveaways anyway.

The Department of Education is drowning under the weight of Biden’s promises. They can only process 2,500 applications per month while thousands more pile up. At this pathetic pace, it would take over two years just to clear the current backlog. This is what happens when big government tries to solve problems it created.

Secretary Linda McMahon is finally bringing sanity back to student loans. She called out Biden’s illegal actions that forced taxpayers to foot the bill for loan bailouts. The Trump administration is focused on making borrowers actually repay their loans like responsible adults should. Personal responsibility matters more than political vote buying.

Republican-led legal challenges successfully blocked Biden’s SAVE plan in court. This saved taxpayers billions while stopping another illegal wealth transfer. Starting August 1st, borrowers will finally have to pay interest on their loans again. No more free rides on the taxpayer’s dime.

Millions of borrowers face delays and confusion because Biden overpromised and under delivered. His administration created false hope with programs they knew were illegal. Now students are stuck in limbo while Democrats blame everyone but themselves. This is liberal governance at its worst.

The whole system shows how Democrats use taxpayer money to buy votes. They promised loan forgiveness they could not legally deliver. Working families who paid off their loans or never went to college get stuck paying for others. This is fundamentally unfair to responsible Americans.

Trump’s team is cleaning up Biden’s mess and restoring the rule of law. Borrowers need to transition to legal repayment plans immediately. The party is over for those expecting taxpayer bailouts. It is time to pay back what you borrowed like every honest American should.

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