“Other than that, Mrs. Lincoln, how did you enjoy the play?”
“Target loan forgiveness to those in need, and actually make college more affordable for working families,” said another.And those are the Democrats. Rep. Sharice Davids of Kansas, Senator Catherine Cortez Masto of Nevada and Rep. Elissa Slotkin of Michigan are all in tough races for re-election, and Biden’s unilateral student debt cancellation has apparently made them tougher.
Just wait until all those voters find out how much they’re paying for other people’s student loan debts, especially when some of the debtors graduated from Harvard Law School and some of the taxpayers are charging groceries to their credit cards. That’s the White House’s estimate of eligible student loan borrowers. Not everyone qualifies. Individuals who earn more than $125,000 and couples that earn more than $250,000 will not get debt forgiveness, and neither will all the students who borrowed from private financial institutions. Only student loan debt held by the U.S. Department of Education qualifies to be canceled.
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