Column: Are Republicans who got pandemic debt relief hypocrites for complaining about student debt relief? Yes

Los Angeles Times— You may have noticed over the last few days that the political world is in an uproar over President Biden's dispensing of student debt relief. It's not so much that Biden implemented the relief program at all; what got politicians and pundits in a tizzy was that he called out the GOP naysayers in the House by pointing out that many of them had received business loans via the pandemic-era Paycheck Protection Program, or PPP, that had never been paid back. The White House tweeted out the forgiven...

Washington Examiner—Student debt is bad, student debt bailouts are worse. Student debt, a new Gallup report shows, is making it harder for young people to reach key life milestones. According to a Gallup survey of over 14,000 adults, over 70% of people say student debt has “delayed major life events” including moving out of their parents’ home, getting married, and having a child. Strikingly, there […]

Los Angeles Times—Letters to the Editor: Of course the GOP opposes student debt relief. Educated voters aren't good for it. To the editor: Columnist Michael Hiltzik asks a question on student loan debt relief that is fundamental to the direction of this country and should dominate economic policy in the 2024 election. ("Are Republicans who got pandemic debt relief hypocrites for complaining about student debt relief? Yes," column, April 16) For far too long, Republicans have maligned any form of student debt relief under the guise that it cost the taxpayers in order to fund "worthless gender studies degrees." They...

Zero Hedge—Biden's New Student Debt Relief Will Add Up To $750 Billion To The Budget Deficit. Biden's New Student Debt Relief Will Add Up To $750 Billion To The Budget Deficit By The Committee for A Responsible Federal Budget The Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this morning detailing parts of this plan. The proposal, which is being introduced through the rule making process, would replace the Administration’s initial proposal to cancel between $10,000 and $20,000 per...