Home Student Loan Erasing Student Loan Debt As Promised Won’t Happen On Betsy DeVos’s Cartier

Erasing Student Loan Debt As Promised Won’t Happen On Betsy DeVos’s Cartier


The president has to look like a winner in the trade deal with China. China has him where they want him in the trade talks, even though Trump claims his victory is right around the corner. The Chinese government recently injected billions of dollars into their economy. Mr. Trump’s tariffs hurt China, but China’s Gross Domestic growth is still 6.6 percent. That’s the lowest it’s been in years. And it’s twice as healthy as U.S. Gross Domestic Product growth.

Mr. Trump thought he great things when the Commerce Department’s GDP report said the economy grew by 3.2 percent in the first quarter of 2019. The Commerce Department report also said the reason for that number was an increase in state and local government spending. That happened when the government was out-of-order due to Trump’s border wall addiction.

Getting a great China deal would make investors happy, but according to a former U.S. ambassador, controlling the deal could take up to six years. And even then, some local Chinese officials will go against Beijing and violate the trade agreement. Mr. Trump wants a document in place that enforces the agreement, and he might get one. But the Chinese have ways to get around whatever Trump’s puts out there in terms of enforcement and penalties. China’s trading history dates back to the 2nd century B.C.

But any deal with President Xi is a superficial win for the president, and for investors. The real economic impact from a China deal won’t surface this year or next. But Trump can call the deal another win, according to the New York Times.

Betsy DeVos can’t seem to get Congress to understand she doesn’t care what the people say. She just cares about what Trump says. She is one of the surviving original cabinet members. Her large personal checkbook and the willingness to donate to Trump’s campaign keeps the president happy. He likes the fact Betsy is upending the education system. She’s got a for-profit mentality.

Betsy’s recent decision to ignore the 2007 college tuition relief promise shows she’s all about the money, according to the New York Times. In 2007, the government promised to forgive the student loans of teachers, nurses, and other graduates who earn modest salaries. But 99 percent of the people who qualified for forgiveness and followed all the government’s instructions got rejection notices in the mail.