Biden Gets Backlash For Forgiving Student Loans Of Public Servants
Sponsored

Biden Gets Backlash for More Targeted Student Loan Forgiveness

1 min read

President Biden on Friday revealed another significant step toward easing student debt for over 55,000 public service employees.

This move allocates nearly $4.3 billion to cancel student debt for individuals working in public service, a result of changes made to the Public Service Loan Forgiveness (PSLF) Program.

While Biden previously campaigned in 2016 on a broader promise to address student loan forgiveness, legal challenges have complicated attempts to erase debt without congressional backing.

“Four years ago, the Biden-Harris Administration made a pledge to America’s teachers, service members, nurses, first responders, and other public servants that we would fix the broken Public Service Loan Forgiveness Program, and I’m proud to say that we delivered,” remarked Secretary of Education Miguel Cardona.

“With the approval of another $4.28 billion in loan forgiveness for nearly 55,000 public servants, the Administration has secured nearly $180 billion in life-changing student debt relief for nearly five million borrowers,” Cardona continued.

“The U.S. Department of Education’s successful transformation of the PSLF Program is a testament to what’s possible when you have leaders, like President Biden and Vice President Harris, who are relentlessly and unapologetically focused on making government deliver for everyday working people.”

“From Day One of my Administration, I promised to make sure that higher education is a ticket to the middle class, not a barrier to opportunity,” Biden remarked in a statement. “Because of our actions, millions of people across the country now have the breathing room to start businesses, save for retirement, and pursue life plans they had to put on hold because of the burden of student loan debt.”

Following this latest announcement, the administration’s total student loan forgiveness now reaches $180 billion, extending relief to approximately 5 million borrowers.

Under the PSLF initiative specifically, more than one million borrowers have benefited, collectively receiving $78 billion in debt cancellation.

“The 55,000 public servants approved for debt cancellation today are workers who have dedicated their lives to giving back to their communities. Now, they are finally earning the relief they are entitled to under the law,” Biden’s social media post stated.

Unsurprisingly, the announcement sparked immediate backlash online.

“Why should the 87% of Americans WITHOUT student loans be forced to pay for those that do? This isn’t loan ‘forgiveness’, it’s debt redistribution,” argued Republican Senator Tommy Tuberville.

Another noted criticism questioned fairness toward blue-collar workers, stating, “So people who didn’t attend college—waitresses, plumbers, electricians, construction workers, small business owners—they must now subsidize the education loans of government bureaucrats who, by Harris’ own admission, didn’t need a college degree to do their job?”

1 Comment

  1. Who “forgives” the tuition that got paid on time by students who worked their way through and did not get help from anyone? Or the parents who put kids through college on the rent and grocery money instead of “student” loans? My wife and I did this out of the family budget for 3 kids. Who “forgives” all the vacations, groceries, car payments that did not get spent so the checks could go to college? My bank account spent more time in college than I did. Dumbest excuse for a President ever.

Leave a Reply

Your email address will not be published.

Latest from Blog