Tuesday, September 13, 2022

Republican Governors Oppose Biden's Student Loan Forgiveness

 

As the old truism goes, you can tell if a Republican is lying if his lips are moving:

Nearly half of the country's governors have signed off on a letter to President Joe Biden asking him to withdraw his student loan forgiveness plan that would cancel up to $20,000 for federal aid borrowers.

"As governors, we support making higher education more affordable and accessible for students in our states, but we fundamentally oppose your plan to force American taxpayers to pay off the student loan debt of an elite few..." the governors said in a letter dated Monday.

The governors, all Republicans, argue that the lowest income Americans will be paying the debts of doctors, lawyers and professors "with the most debt, such as $50,000 or more..."

The reality?

... Biden's plan caps relief at $20,000 for those who received Pell grants – awarded to low-income students – and $10,000 for students who did not get Pell grants in college. Additionally, individuals who make more than $125,000 are not eligible for the one-time relief.

An inconvenient truth for the party of plutocrats and fascists, desperate to appear to be on the side of "the little guy." 

Biden's student loan forgiveness plan is popular with the American people, which means Republicans' only recourse is to fabricate the narrative above.  It's another mark of a party with no ideas and no purpose except to indulge a nihilistic thirst for power for its own sake.