Biden Administration Pushes Another $4.28 Billion Student Loan Bailout for Public Sector Workers While Hardworking Taxpayers Foot the Bill

The Biden administration announced on Friday, the approval of an additional $4.28 billion in student loan forgiveness for nearly 55,000 public service workers.

While U.S. Secretary of Education Miguel Cardona lauds this as a win for public servants, claiming the administration has “delivered” on its promises, the real cost of these actions is borne by everyday Americans struggling to make ends meet.

Cardona boasted in his statement about fixing the so-called “broken” Public Service Loan Forgiveness (PSLF) Program, praising Biden and Harris for their “unapologetic focus” on making government “deliver” for select groups.

What he didn’t mention is that this “delivery” comes at the expense of a ballooning national debt, now exceeding 100% of GDP—levels unseen since World War II. According to the New York Post, this reckless spending spree is pushing America further toward an economic tipping point.

“Four years ago, the Biden-Harris Administration made a pledge to America’s teachers, service members, nurses, first responders, and other public servants that we would fix the broken Public Service Loan Forgiveness Program, and I’m proud to say that we delivered,” said U.S. Secretary of Education Miguel Cardona in a statement.

“With the approval of another $4.28 billion in loan forgiveness for nearly 55,000 public servants, the Administration has secured nearly $180 billion in life-changing student debt relief for nearly five million borrowers.

“The U.S. Department of Education’s successful transformation of the PSLF Program is a testament to what’s possible when you have leaders, like President Biden and Vice President Harris, who are relentlessly and unapologetically focused on making government deliver for everyday working people,” he added.

This latest round of forgiveness comes on the heels of the administration’s failed attempt to implement a broader student debt cancellation plan, which was blocked by the Supreme Court earlier this year.

Undeterred, dictator Biden has continued to pursue piecemeal forgiveness strategies, effectively bypassing the legislative process and ignoring the court’s decision.

This is developing.

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