More than 42 million Americans have student loan debt and owe an average of $36,520. College students and graduates loaded up with debt were assured that they would get “free money” to pay off their debts if they voted for Biden. It turns out that Biden isn’t planning on keeping his promise to those voters…When you vote for free money, it can come back to bite you.
Biden will reportedly ditch student loan forgiveness from the budget this week, breaking a campaign promise to far-left Democrats like Warren, AOC, Schumer, and Sanders, who believe that money grows on trees. This crew has pushed forgiving up to $50K in loan debt!
“We’ve got the *Senate Majority Leader* on board to forgive $50k. Biden’s holding back, but many of the arguments against it just don’t hold water on close inspection.”
The case against student loan forgiveness is looking shakier by the day.
We’ve got the *Senate Majority Leader* on board to forgive $50k. Biden’s holding back, but many of the arguments against it just don’t hold water on close inspection.
We can and should do it. Keep pushing!
— Alexandria Ocasio-Cortez (@AOC) February 17, 2021
AOC and other Democrats are fine with using your hard-earned money to pay off someone’s debt. What if someone had student loan debt and worked like crazy to pay it off? What about the people who worked hard to make money so they wouldn’t have student loans?
Biden is backing off using an executive order to cancel student loan debt and wants Congress to pass canceling the debt.
Fox Business reported that “erasing all student loan debt would distribute $192 billion to the top 20% of earners in the U.S., but just $29 billion to the bottom 20% of U.S. households.”
Who remembers a father confronting Liz Warren over student loan debt forgiveness? This was epic!
— FreedomWorks (@FreedomWorks) January 24, 2020
Taxpayers are already footing the bill for all of the illegals flooding our country…We don’t need more deadbeats.
Leftist Dems are furious with Joe:
Joe Biden's refusal to support student loan forgiveness is a cruel assault on the working class. The stress that working class parents bear for decades, to save money to put their kids thru college, literally kills them. Fuck Joe Biden.
— Prof Zenkus (@anthonyzenkus) May 22, 2021