White House officials stand to benefit from Biden student debt handout: Watchdog group

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 53%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Several White House staffers who have loans themselves and make under the salary threshold stand to benefit from President Biden's $300 billion student loan handout.

'Special Report' panel reacts to President Biden announcing student loan handout Wednesday as national debt soars.are among those who stand to benefit from the $300 billion student loan handout.

The numbers from Inside Biden’s Basement don’t include agency officials, which is its own separate 175-person behemoth. "Just at the White House, nearly 71% or 336 White House officials earn under the $125,000 threshold and potentially even more could be eligible under the household income cap. Counting the agencies, Inside Biden's Basement has identified over 200 officials who may be eligible for this Biden handout on the backs of taxpayers," Hollie continued.

"Whether they are employed by Fox News, another private business, or a Republican Senate office, 43 million eligible borrowers now have help available to them," Bates said."Almost 90 percent of the benefits will go to people earning under $75,000, and none will go to those earning over $125,000." The nation's federal student debt now tops $1.6 trillion after ballooning for years. More than 43 million Americans have federal student debt, with almost a third owing less than $10,000 and more than half owing less than $20,000, according to the latest federal data.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Rewarding the irresponsible, what a slap in the face to the responsible citizens

Do the HONORABLE THING and DECLINE the PANDERING HANDOUT POTUS JoeBiden Staff should JustSayNo to this AbuseOfPower

Former Trump officials too

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House holds press briefing after president announces student loan handout
Source: FoxNews - 🏆 9. / 87 Read more »

Facing deadline, White House decision on student loans loomsThe White House is leaning toward forgiving up to $10,000 in student loan debt for individuals making up to $125,000 annually. Do it already we pay for other people not to work and sleep all day. I don’t mind paying to better educate people in this country
Source: kgun9 - 🏆 584. / 51 Read more »