President Biden Transfers Student Loan Debt to Taxpayers
President Biden announced his unconstitutional plan to transfer at least $300 Billion dollars of student loan debt to American taxpayers.
Make no mistake, these loans are not forgiven—they will be paid for by hard-working Americans. President Biden wants blue-collar workers in West Texas to pay off the debts of New Yorkers who make six-figure salaries.
This move is a slap in the face of every student and family who budgeted, saved, chose an affordable university, deferred their education, and/or worked through college. President Biden's attempt to spend his way out of his self-made economic disaster will only push our economy further into ruin.