Obama student loan plan makes a new generation slaves to the government

President Obama once again turned to his trusty pen on Monday, signing an executive order aimed at easing the repayment guidelines on student loans. The Pay As You Earn program will cap monthly student loan repayments at 10% of income and forgive any unpaid debt after 20 years. On radio this morning, Glenn reacted to the madness of the policy.

“That's fantastic,” Glenn said. “You know who that works for? Not only students, but all of the schools because they can just keep charging all they want. And we'll just keep printing the money to pay for those. And then nobody actually has to pay for it. The Federal Reserve notes just paid for it.”

According to POLITICO:

The action makes those borrowers eligible for the administration’s Pay As You Earn program by expanding on a 2010 law that capped repayments for newer loans but excluded borrowers who took out loans before October 2007 or who stopped borrowing by October 2011.

[…]

For a 2009 college graduate earning $39,000 a year but carrying $26,500 in loan debt, the plan would reduce monthly repayments by $126 per month and $1,500 a year compared to the standard repayment plan, the White House said.

The plan is expected to be in place by December 2015, after the Education Department puts the change into effect through the regulatory process.

The overall mindset about borrowing and debt in this country has shifted so far in the last half century alone. As Glenn explained, he didn’t go to college because his family simply couldn’t afford it. That same attitude does not exist today.

“I didn't go to college. Why? I couldn't afford it… I couldn't afford to go to the community college. We were taught we don't take on debt," Glenn said. "So don't come to me and tell me,’ Boohoo, I can't pay my debt.’ I know. Maybe you shouldn't have taken out that debt.”

The Obama Administration knows full well that the cost of higher education is completely out-of-control, which is why the government is in the student loan business to begin with. But, at Stu pointed out, that unattainable cost and subsequent government subsidy plays right into the progressive endgame.

“Isn't this a great example too of something we've talked about for a million years, which was that split back in the day about between the Weather Underground-types and the progressives,” Stu asked. “What Progressives, of course, want is: Everybody gets free college. They want everyone to never pay a bill at all, and it all goes through the government. So indoctrinate everybody on your dime. Right?”

“So instead of building it that way and having a huge debate where it's really difficult to try to get these things pushed [through]… they take out all the moral hazard of ever having any cost to it,” he continued. “So now you have only victims you're dealing with. You have people where you’re saying, ‘Well, these people are having a tough time. They lost their job. Of course, they can't pay these loans back.’”

Front page image courtesy of the AP

Glenn Beck: Why MLK's pledge of NONVIOLENCE is the key to saving America

Photo by Hulton Archive/Getty Images

Listen to the Rev. Dr. Martin Luther King Jr.'s pledge of nonviolence and really let it sink in: "Remember always that the nonviolent movement seeks justice and reconciliation — not victory."

On the radio program, Glenn Beck shared King's "ten commandments" of nonviolence and the meaning behind the powerful words you may never have noticed before.

"People will say nonviolent resistance is a method of cowards. It is not. It takes more courage to stand there when people are threatening you," Glenn said. "You're not necessarily the one who is going to win. You may lose. But you are standing up with courage for the ideas that you espouse. And the minute you engage in the kind of activity that the other side is engaging in, you discredit the movement. You discredit everything we believe in."

Take MLK's words to heart, America. We must stand with courage, nonviolently, with love for all, and strive for peace and rule of law, not "winning."

Watch the video below for more:

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Conservatives are between a rock and a hard place with Section 230 and Big Tech censorship. We don't want more government regulation, but have we moved beyond the ability of Section 230 reforms to rein in Big Tech's rising power?

Rachel Bovard, Conservative Partnership Institute's senior director of policy, joined the Glenn Beck radio program to give her thoughts and propose a possibly bipartisan alternative: enforcing our existing antitrust laws.

Watch the video below:

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Dan Bongino, host of The Dan Bongino Show, is an investor in Parler — the social media platform that actually believes in free speech. Parler was attacked by Big Tech — namely Amazon, Apple, and Google — earlier this week, but Bongino says the company isn't giving up without a fight. In fact, he says, he's willing to go bankrupt over this one.

Dan joined Glenn Beck on the radio program to detail what he calls a "smear" campaign behind the scenes, and how he believes we can move forward from Big Tech's control.

"You have no idea how bad this was behind the scenes," Dan told Glenn. "I know you're probably thinking ... well, how much worse can the attack on Parler have gotten than three trillion-dollar companies — Amazon, Apple, and Google — all seemingly coordinated to remove your business from the face of the Earth? Well, behind the scenes, it's even worse. I mean, there are smear campaigns, pressure campaigns ... lawyers, bankers, everyone, to get this company ... wiped from the face of the earth. It's incredible."

Dan emphasized that he would not give up without a fight, because what's he's really fighting for is the right to free speech for all Americans, regardless of their political opinions, without fear of being banned, blacklisted, or losing jobs and businesses.

"I will go bankrupt. I will go absolutely destitute before I let this go," he said. "I have had some very scary moments in my life and they put horse blinders on me. I know what matters now. It's not money. It's not houses. It's none of that crap. It's this: the ability to exist in a free country, where you can express your ideas freely."

Watch the video below to hear more from Dan:

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Joe Biden's administration is getting ready for something historic, but we're all being distracted. And now that Biden has hired at least 14 former or current executives from Big Tech — experts at colluding to censor unflattering news about Biden — Americans must be laser-focused on what's coming.

On January 20, the most corrupt president in American history will be inaugurated, and it looks like some of his cabinet choices were picked specifically so everything just – poof – goes away. The administration nominees appear to be all about preserving corruption, crony capitalism, and executing a Great Reset. Those same people also have one more thing in common: Ukraine.

On his Wednesday night special this week, Glenn exposes their radical agenda in their own words and gives U.S. senators the questions they must ask before confirming corrupt nominees to some of the highest offices in the country.


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