Almost half of U.S. governors signed a letter to Joe Biden asking him to withdraw his student loan forgiveness plan because it would “force American taxpayers to pay off the student loan debt of an elite few.”
The plan calls for $10,000 in student loans — $20,000 for Pell grant recipients — to be forgiven for debtors who make less than $125,000 a year. Twenty-two governors — all Republicans — signed the letter to the president.
Biden’s plan is unfair on several levels, the governors point out.
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Almost half of U.S. governors signed a letter to Joe Biden asking him to withdraw his student loan forgiveness plan because it would “force American taxpayers to pay off the student loan debt of an elite few.”
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The plan calls for $10,000 in student loans — $20,000 for Pell grant recipients — to be forgiven for debtors who make less than $125,000 a year. Twenty-two governors — all Republicans — signed the letter to the president.
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Biden’s plan is unfair on several levels, the governors point out.
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