{"id":1622783,"date":"2022-08-26T10:14:20","date_gmt":"2022-08-26T14:14:20","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1622783"},"modified":"2022-08-26T10:14:35","modified_gmt":"2022-08-26T14:14:35","slug":"trump-tears-into-bidens-student-loan-plan-election-enhancing-money-grab","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-tears-into-bidens-student-loan-plan-election-enhancing-money-grab\/","title":{"rendered":"Trump Tears Into Biden\u2019s Student Loan Plan: \u2018Election Enhancing Money Grab\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-tears-into-bidens-student-loan-plan-election-enhancing-money-grab%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1622783&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former President <a href=\"https:\/\/www.theepochtimes.com\/t-donald-trump\">Donald Trump<\/a> criticized President Joe Biden\u2019s executive order to \u201cforgive\u201d billions of dollars of <a href=\"https:\/\/www.theepochtimes.com\/t-student-loan\">student loan<\/a> debt, calling it an \u201celection enhancing money grab\u201d as the midterms approach.<\/p>\n<p>\u201cJoe Biden and the Radical Left Democrats have just orchestrated another election enhancing money grab, this time to the tune of $300,000,000,000\u2014and just like I predicted, it\u2019s coming right out of the pocket of the working-class Americans who are struggling the most!\u201d Trump said in a <a href=\"https:\/\/twitter.com\/DonaldJTrumpJr\/status\/1562836865434415106?ref_src=twsrc%5Etfw\">statement on Truth Social<\/a> on Aug. 25.<\/p>\n<p>\u201cCrippling inflation, unaffordable energy prices, and WAR\u2014all things that should never have happened,\u201d he added.<\/p>\n<p>\u201cBut if that wasn\u2019t enough, now Americans are bailing out College Administrators who fleeced students, and those who opted for Degrees there was no way they could afford,\u201d Trump continued. \u201cAmerica is a nation in decline, and the cliff into oblivion is within sight.\u201d<\/p>\n<p>Trump\u2019s reaction came after Biden announced on Aug. 24 to deliver on his 2020 campaign promise, wiping out the federal student loan balances of millions of people\u2014up to $10,000 in debt per individual earning less than $125,000 a year and $20,000 for Pell Grants recipients.<\/p>\n<p>Critics deemed it a move to drum up support ahead of midterm elections this fall by boosting young voter turnout. More than 43 million Americans, or one in every six adults, currently owe money on their federal student debts, most of whom owe less than $25,000 on their debt, according to the <a href=\"https:\/\/www.federalreserve.gov\/publications\/2022-economic-well-being-of-us-households-in-2021-student-loans.htm#:~:text=The%20median%20amount%20of%20education,vary%20across%20different%20demographic%20groups.\">Federal Reserve<\/a>. Data indicate the median balance in 2021 among those with outstanding education debt was between $20,000 and $24,999.<\/p>\n<p>White House officials did not immediately respond to a request for comment.<\/p>\n<p>\u201cI will never apologize for helping America\u2019s middle class\u2014especially not to the same folks who voted for a $2 trillion tax cut for the wealthy and giant corporations that racked<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President Donald Trump criticized President Joe Biden\u2019s executive order to \u201cforgive\u201d billions of dollars of student loan debt, calling it an \u201celection enhancing money grab\u201d as the midterms approach. \u201cJoe Biden and the Radical Left Democrats have just orchestrated another election enhancing money grab, this time to the tune of $300,000,000,000\u2014and just like I [\u2026]<\/p>\n","protected":false},"author":246,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1622783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1622783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1622783"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1622783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1622783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1622783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1622783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}