Biden administration will 'look into' and 'crack down' on colleges raising tuition after student loan handout

You can now listen to Fox News articles!student loan handout to raise tuition costs, the White House Press Secretary Karine Jean-Pierre said during a press conference on Wednesday.

The reporter then pressed Jean-Pierre, and said that it seems like the administration is"preparing for" colleges to increase tuition costs. "Well, I mean, look, this is, again, this is something that the Department of Education is aware of. This is something that we're monitoring, but it doesn't take away from what this means, from what the president announced today," Jean-Pierre responded.Domestic Policy Adviser Susan Rice said that colleges should use funding from the American Rescue Plan to make sure that tuition isn't increased beyond the rate of inflation.

Brian Riedl, a senior fellow in budget, tax and economic policy at the Manhattan Institute told FOX Business that he expects the handout to cause a spike in tuition costs.White House Domestic Policy Adviser Susan Rice speaks on President Biden’s announcement of student loan debt forgiveness as White House Press Secretary Karine Jean-Pierre and Deputy Director of the National Economic Council Bharat Ramamurti listen during a White House daily press briefing.

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White House holds press briefing after president announces student loan handout
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White House Twitter account trolls GOP lawmakers who got PPP loans forgivenA day after President Joe Biden's student debt relief plan was widely panned by Republicans, the White House Twitter account fired back, tweeting about GOP lawmakers who had Paycheck Protection Plan loans 'forgiven.' Republicans are hypocrites always have been. One of Hunter Biden's favorite prostitutes also received PPP loan forgiveness as well PPP went through congress.
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