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First, President Biden, when running for President….

NEVER RAN ON THE PROMISE OF COMPLETE STUDENT LOAN FORGIVENESS.

His education plan included other things..but COMPLETE STUDENT LOAN FORGIVENESS WAS NOT ONE OF THEM.

THAT was from Bernie and Warren – you know, the candidates WHO LOST.

So, for those whining about complete forgiveness, why don’t you stay on Bernie and Warren about SPONSORING THE BILL THAT NEEDS TO PASS TO GET TO PRESIDENT BIDEN’S DESK FOR HIM TO SIGN.

So, President is means testing student loan forgiveness.
Make under $150,000, and you get $10,000 in forgiveness.

Here come the whiners about why Ten Thousand Dollars is ‘ nothing’.
Nothing?

Let’s look at the stats.

$10K would wipe out debt for 33% of borrowers and at least half of it for another 20%. That is significant. Be wary of anyone telling you different. https://t.co/nE1wJZb9Qd

— Bri (@briannenoelle8) May 27, 2022

$10,000 would wipe out the complete student loan balance for 33% of all student loan borrowers.
It would wipe out 50% of the balance for the next 20% of borrowers.

So, $10,000 would help wipe out completely or up to half of the student loan debt for 53% of all student loan borrowers.

Up to $40,000 in student loan debt, is the next 20% of student loan borrowers. So, in the $20 – 40k of student loan debt, the President would be wiping out 49 down to 25% of their student loan debt. We are now up to over 70% of all student loan borrowers.

As far as the means test, the President is using almost triple the mean salary of the United States for you to qualify.

The Student Loan Forgiveness crowd is showing their entire azzes.

The complete and utter arrogance of threatening to withhold your vote if President Biden doesn’t forgive all your student loans…that level of selfishness.

Progressive socialist don't want $10k, $20k, $30k or $50k erased student loans, they want all of nothing. Either President Biden & Democrats erase 100% of student loans or they will continue to threaten us with a Republican leadership & make sure we have a Republican leadership.

— 👑 Mr. Weeks 👑 (@WonderKing82) May 28, 2022

Why does it feel like everyone with over 100k in student debt is leaving out a huge part of the story?

— Yurok Around The Clock (@HellcatBruce) May 28, 2022

Because, they are.

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