Bloomberg: Joe Biden Is Being Pressured to ‘Cancel’ Student Loans by Corrupt, Self-Dealing Aides

The rank self-dealing on display in the push for student loan “cancellation” is beyond grotesque. I have wondered for a while why Joe Biden is even considering such a ridiculous, suicidal, and downright illegal policy, and now I know: Because the people closest to him stand to benefit from it enormously, and they’re pushing their case whenever they can.

Per Bloomberg:

President Joe Biden’s decision on whether to forgive student debt will be personal for many of his aides, who are among the millions of Americans carrying loans for college and graduate school.

At least 30 senior White House staffers have student loan balances, according to 2021 financial disclosures Bloomberg News obtained from the Office of Government Ethics, including Biden’s new press secretary, Karine Jean-Pierre, and Bharat Ramamurti, deputy director of the National Economic Council.

Or, to put it another way: Many of Biden’s aides are using their position in the White House to lobby the head of the federal government to force other people to pay off their debts.

Those debts are considerable:

Collectively, they owe as much as $4.7 million, the documents show, including one legislative aide who reported owing between $500,000 and $1 million. Generally, only senior or well-paid White House staff have to file financial disclosures, and they don’t have to report debt less than $10,000, meaning the total number of Biden’s aides with loan balances is certainly higher.

The gall on display here is astonishing. A few weeks ago, we learned that Representative Alexandria Ocasio-Cortez — who makes $174,000 per year and drives a Tesla — wants you to pay off the $17,000 she still owes in student debt. Now we learn that there are several AOCs within striking distance of the Oval Office. There’s a word for this sort of thing: Corruption.