The Trump administration is taking a wrecking ball to one of the Democrats’ most expensive and misguided schemes—President Biden’s student loan “forgiveness” fantasy. The message is loud and clear: the era of unlimited bailouts and academic freeloading is officially over.
Fox News host Dana Perino pulled no punches this week when she said on Fox & Friends, “The gravy train is over.” She blasted the bloated higher education bureaucracy and its cozy relationship with Washington, accusing them of feeding off an unsustainable pipeline of taxpayer-backed loans. Her blunt warning follows a major announcement from the Department of Education that signals a sharp pivot away from Biden’s leniency on student debt.
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“Remember, it was Nancy Pelosi who said, ‘Wait a minute, Joe Biden doesn’t have the legal authority to do this,’” Perino added, reminding viewers of Biden’s repeated legal defeats when his student loan handouts were challenged in court. “They had false hopes, false promises to people.”
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