Sen. Raphael Warnock (D-GA) celebrated President Joe Biden’s announcement Wednesday that he will erase some student loan debt for millions of Americans.
Half a trillion dollar price tag and debt still returns to present levels in just five years.
Prominent economists who served under previous Democrat presidents ripped President Joe Biden over his $300 billion student loan forgiveness scheme.
Universities should foot the bill for student loan relief — not U.S. taxpayers — Florida Gov. Ron DeSantis (R) said Thursday after President Joe Biden’s announcement that he plans to cancel up to $20,000 in student loan debt for qualifying individuals.
Laxalt rebuked Biden for his multi-billion student debt bailout plan and blamed his Democrat opponent for enabling Biden’s agenda.
It’s hard to imagine a worse time for the U.S. government to decide to launch a massive student loan forgiveness program than right now.
White House director of domestic policy, Susan Rice, dismissed critics of President Joe Biden’s new plan to forgive up to $20,000 in student loan debt as announced on Wednesday.
Shewas questioned about the fairness of the program.
J.D. Vance, the Trump-backed Republican nominee for Ohio’s U.S. Senate seat, called President Joe Biden’s student loan forgiveness scheme a “$300 billion elite giveaway on the backs of American workers” and hammered his opponent Rep. Tim Ryan for his “mealy-mouthed statement.”
Wednesday in an interview on the White House lawn, Secretary of Education Miguel Cardona acknowledged to Fox News reporter Peter Doocy that President Joe Biden’s plan to forgive student debt would not do anything for people who already paid off their education loans.
Representative John Garamendi (D-CA) said Wednesday on FNC’s “America Reports” that President Joe Biden canceling student debt will help young Americans “to get their act together.”
Representative Kevin Brady (R-TX) said Wednesday on Fox Business Network’s “Cavuto: Coast to Coast” that President Joe Biden canceling student loan debt was “illegal” and using “taxpayers as a personal campaign slush fund.”
The president announced details of his plan on social media, citing his “campaign promise” to give “working and middle-class families breathing room” on student loans.
Debt forgiveness is not free.
While some student loan borrowers would benefit, others who paid their loans — or chose not to go to college — would get the shaft, and inflation will continue to rise.
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Senate Appropriations Committee Chairman Sen. Patrick Leahy (D-VT) said that he worries student loan forgiveness would “say to colleges, charge whatever you want, we’re going to forgive the loan.” And
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Senate Appropriations Committee Chairman Sen. Patrick Leahy (D-VT) stated that he’s already hearing from people who paid off their student loans or didn’t go to college wondering why we should
The Biden White House is reportedly deciding whether or not it should “cancel” up to $10,000 in student debt for borrowers — a decision that is expected to come Wednesday.
Friday on MSNBC’s “José Díaz-Balart Reports,” Rep. Jamaal Bowman (D-NY) pushed for the cancellation of student loan debt.
The Biden administration is canceling $5.8 billion in school loan debt for students who attended the for-profit Corinthian Colleges system, the U.S. Department of Education announced.
On Friday’s “PBS NewsHour,” Senior Vice President and Senior Policy Director at the Committee for a Responsible Federal Budget Marc Goldwein argued that, even with some income caps, student loan forgiveness would mostly benefit graduate students in higher income brackets,
On Friday’s “PBS NewsHour,” Senior Vice President and Senior Policy Director at the Committee for a Responsible Federal Budget Marc Goldwein stated that student loan forgiveness would “add probably half a point to the inflation rate.” And ultimately, student loan
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” economist, Harvard Professor, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that if politicians want to help
On Friday’s broadcast of ABC’s “The View,” Sen. Elizabeth Warren (D-MA) responded to a question on what she would say to people who worked to pay off their student loans who feel it would be unfair if other people will
On Friday’s broadcast of HBO’s “Real Time,” Democratic strategist and CNN Contributor Paul Begala criticized proposals for President Joe Biden to forgive student loan debt by stating that “Democrats have gone from being the party of the factory floor to
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher argued that forgiving student loans and saying that those “who didn’t go to college and didn’t benefit from that are going to subsidize you to get your degree in gender
During a Sunday interview on MSNBC’s “American Voices,” Rep. Tony Cardenas (D-CA) advised that President Joe Biden said in a recent private meeting with Democrats that he was going to forgive a large number of Americans of their student loan debt.
On Saturday’s “Fox News Live,” Rep. Josh Gottheimer (D-NJ) argued that “we can’t afford a proposal that would forgive everyone’s college debt,” and that “given the state of the economy, it’s just not a possibility.” He also argued that the
On Friday’s broadcast of the Fox Business Network’s “Varney & Co.,” Rep. Michael Waltz (R-FL) stated that forgiving student loan debt is simply “pouring more federal dollars” “onto this higher education industrial complex” to buy votes. Waltz said, “It is
The Committee for a Responsible Federal Budget has analyzed the cost of cancelling student loan debt after Joe Biden indicated he is open to the idea. It called the plan “inflationary” and bad policy.
On Thursday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Sen. Tom Cotton (R-AR) stated that student loan forgiveness would “contribute to more inflation, which means economic growth will face even more headwinds,” and that if anyone should help with
On Monday’s broadcast of MSNBC’s “MTP Daily,” Rep. Ro Khanna (D-CA) argued that forgiving student loans would not have an inflationary impact because the loans aren’t being paid back right now anyway, and that if there is an inflationary impact
Most Americans are in favor of the federal government canceling student loan debt, a Rasmussen Reports survey released Wednesday found.
Fox Business Network host Charles Payne said Monday on FNC’s “Fox & Friends” that progressives like Rep. Pramila Jayapal (D-WA) claiming student loan cancellation advanced racial justice were “pimping” black people’s pain.
During an interview with “Pod Save America” on Thursday released on Friday, White House Press Secretary Jen Psaki stated that canceling student loan debt is “on the table” and high costs are “an important thing to consider. That’s a big
During an interview with CBS’ “Red and Blue” on Tuesday, Education Secretary Miguel Cardona said that even though “the economy is improving” and there have been large increases in jobs, “we know Americans are still hurting.” And stated that extending
On this week’s broadcast of “Fox News Sunday,” White House press secretary Jen Psaki said that student loan borrowers would have to start paying their debt “sometime” while discussing the administration’s fourth extension on the monthly loan payments and interest.
The Biden administration has once again used coronavirus emergency powers to extend a pause on student loan repayment, capitulating to his left flank and costing taxpayers billions of dollars.
On Wednesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Sen. Bill Hagerty (R-TN) said that the Biden administration wants to argue there is a pandemic for things they want like student loan forgiveness, but “they want to argue that
Far-left Rep. Alexandria Ocasio-Cortez (D-NY) encouraged voters this week to continue to “bully” the Biden White House into canceling student loan debt — one of the left’s key agenda items that President Biden has failed to address.
Biden Education Secretary Miguel Cardona offered his priorities for education which center on equity and inclusiveness in public schools.