US President Joe Biden was slammed and accused of bribery over his recent cancellation of student loan debt.
Recently, Bernard Goldberg wrote an opinion piece for The Hill where he likened Biden’s student loan debt cancellation to bribery and titled it “Bribing some voters by forgiving student loans may backfire on Biden.”
“It’s funny how politics works in this country. I mean, if a voter bribes a politician, the guy passing money under the table to get special treatment from the pol could wind up in prison for a long time. But if a politician makes a deal, not with one voter but with millions of them, by offering goodies in exchange for their votes, it’s not called “bribery” and it’s not even a crime. It’s called “politics as usual.” Goldberg said in his piece.
He also guaranteed that Biden’s plan may not work out and questioned whether the president’s plan will “win support among college-educated swing voters who live in the suburbs and also win over younger voters, whose support for Biden has pretty much collapsed?”
Goldberg then concluded his piece with a statement, wishing Biden “good luck.”
“Good luck in November, Mr. President. You and your party are going to need it.”
Goldberg’s piece came out days after President Biden declared that the administration will cancel the debts of 560,000 student borrowers who attended Corinthian Colleges, amounting to $5.8 billion.
According to the reports, it is the largest student loan debt cancellation in the Department of Education’s history.
“As of today, every student deceived, defrauded, and driven into debt by Corinthian Colleges can rest assured that the Biden-Harris administration has their back and will discharge their federal student loans,” said U.S. Secretary of Education Miguel Cardona.
The school was shut down following allegations over misrepresentation of job placement rates and engagement in deceptive and false advertising and recruitment.
“For far too long, Corinthian engaged in the wholesale financial exploitation of students, misleading them into taking on more and more debt to pay for promises they would never keep,” Cardona said.
“While our actions today will relieve Corinthian Colleges’ victims of their burdens, the Department of Education is actively ramping up oversight to better protect today’s students from tactics and make sure that for-profit institutions and the corporations that own them–again get away with such abuse.” He added.
