Foxx Op-Ed: Biden thinks student loan borrowers deserve a blank check from taxpayers
WASHINGTON, D.C., May 2, 2022
The Biden administration’s student loan forgiveness agenda includes forcing taxpayers who never went to college to foot the bill. President Biden is recklessly pushing our economy towards a fiscal cliff—all to swindle more votes for the midterms and to save his failing presidency.
In Case you Missed It via Fox News, Rep. Virginia Foxx and Sen. Richard Burr, Republican Leaders on the House and Senate education committees, call out the Biden administration for sacrificing taxpayers to buy off progressives with another student loan repayment pause.
By Virginia Foxx (R-NC) and Senator Richard Burr (R-NC)
April 29, 2022
Since March 2020, no federal student loan borrower, regardless of income or ability to work, has been required to make a student loan payment—not a single penny in two years. These deferments were intended to be a safety net at the height of the pandemic. Two years later, the deferments have turned into a $150 billion spending spree predominately benefiting lawyers, doctors, and bankers who racked up their debt in graduate school. In fact, the repayment pause— which the White House sees as a shining achievement of its commitment to fairness and equity—provides bachelor’s degree holders a mere ten cents in relief for every dollar provided to doctors.
Read the full op-ed here.