Tuesday, October 4

Tag: Matt Gaetz

White House calls out Republicans who criticized student loan cancellation but had thousands in PPP loans forgiven
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White House calls out Republicans who criticized student loan cancellation but had thousands in PPP loans forgiven

The White House is not taking criticism of the decision to forgive student debt lying down. After some Republican lawmakers tweeted or went on broadcasts to condemn the decision, the White House Twitter page responded by quote tweeting their comments – and sharing just how much each of them benefited from having their Paycheck Protection Program loans forgiven. The uncharacteristic Twitter thread from the White House came shortly after President Biden announced his plan to erase thousands of dollars in student loans, a move that will help more than 40 million people who have a combined $1.7 trillion in student loan debt. Under the plan, borrowers who earn less than $125,000 will be eligible to have $10,000 in student loan debt forgiven. Those in that income range who had Pell Grant...