Share on facebook
Share on twitter
Share on linkedin
Share on email

Biden Boasts About Shifting $136 Billion of Student Loan Costs from Borrowers to Taxpayers

We’ve been trying to tally up the cost of the multiple times Biden has “forgiven” student loans. Then lo and behold CNBC has done it for us and the White House is gloating about how generous they are (with your and our money):

Here’s the Biden administration’s latest brag sheet:

      • $46 billion for 930,500 borrowers through administrative adjustments to income-driven repayment counts.
      • $57 billion for 793,400 borrowers through Public Service Loan Forgiveness.
      • $12 billion for almost 513,000 borrowers with disabilities.
      • $ 22 billion for more than 1.3 million borrowers under the Borrower Defense program.

These are nearly four million votes Biden thinks he has bought with your tax dollars – and we fear that he may be right.

We have one other thought: If Biden can spend $136 billion in open defiance of Congress, why can’t he stop his border patrol from releasing illegal immigrants into the United States by executive order? Oh yeah. He wants THOSE votes too.

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005