P.Resident Joe Biden fell almost silent about him student loan forgiveness program It’s been weeks since it was announced, but it’s now actively talking about it, rousing critics of the program just days before the midterm elections.
“It’s been temporarily put on hold — why?” Biden said. ice student loan forgiveness for the time being. “Because Republicans in the House and Republican governors are doing everything they can, including taking us to court, to deny relief even to their own voters.”
Fulfilling election promises and bowing to pressure from leftist Biden Announced on August 24 He transfers $10,000 in student loans to taxpayers from all but the highest earning borrowers, and up to $20,000 per borrower to those who receive Pell Grants. $500 billion.
but he barely mentioned That left the loan forgiveness from stump speeches and groundbreaking ceremonies over the next few weeks. That stance has changed again in recent weeks as the president takes a more aggressive tone on everything. big oil To Economy To Social security.
“I might add that their outrage is simply wrong and hypocritical,” Biden told opponents of the loan program.
Republicans point to 87% of those who don’t have student loans,blue collar repulsion“Among those who didn’t attend college, those who went without debt, and those who paid off their loans.
“Joe Biden is a career politician who is completely cut off from reality that this remedy was ignorant and unacceptable to Americans who paid their debts or chose a different career route. No wonder he is unaware of “.” Will O’Grady, spokesman for the Commission. “Biden has finally exposed himself as elitist Washington Democrats have always been.”
But it wasn’t just Republicans who were against it. Seven lawsuits have been filed, most not directly related to Republicans or Republican politicians. The Kate Institute, a libertarian-leaning think tank, has also filed a lawsuit.
Neil McCluskey, director of Cato’s Center for Educational Freedom, points to political reasons for Biden’s push, saying the White House may hope to boost voter turnout by threatening student loan forgiveness. He said Biden’s “in numbersThe release features all groups traditionally Democratic, including black borrowers, Latino borrowers, and blue-collar borrowers with welding and dental assistant certifications.
There are conflicting polls about the program’s popularity.Ann economist– YouGub poll We found that 51% of respondents supported it and 39% opposed it.Meanwhile, the Cato Institute poll We found that 76% disagreed. university priceswas 64% for the tax increase.
The fact that billions of dollars remain could give Biden’s party a boost if those in a position to benefit are more likely to vote. I estimate it to be highly probable.
of Ministry of Education It has promised borrowers that it will be able to forgive loans by Jan. 1 when repayments begin, but that timeline is also threatened by a temporary suspension. It’s unclear if the White House will attempt yet another extension of the suspension if the program remains blocked.
TJ Rooney, former chairman of the Pennsylvania Democratic Party, agrees that the student loan problem will help boost voter turnout, but he calls it a double-edged sword because it alienates some voters. is. Sen. Bernie Sanders (I-VT), a leading advocate for student loan forgiveness, recently said: worry Democratic midterm voter turnout among young and working-class voters.
“Now, if you’re into the voting mechanism, like everyone is, this is a specific reason to vote and vote Democrat to people who might otherwise pass this election.” “There are things that could prevent this program from being undone, including maintaining control of the Senate.”